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Closed
- Listed price
- $8,050,000
- Listed Nov 3, 2014
- Sold price
- $7,950,000
- Sold Apr 13, 2015
52,272 sqft lot|1969 Built|162 MLS days on market
7200 Melrose St, Buena Park, CA 90621
Property Description
DRIVE BY ONLY - The Melrose Manor Apartment Units is a 44 unit turn-key apartment community excellently located in the city of Buena Park. Built in 1969, the subject property consists of one, three-story building situated on a 1.21 acre lot. Currently 100% occupied, the subject property boasts a unit mix of 37 oversized one-bedroom/one bath units, 3 two-bedroom/one-and-three-quarter bath units, and 4 two-bedroom/one bath units with approximately 11% upside in rental income at attainable market rents. Individually metered for electric and master-metered for gas, the units feature wall air-conditioning and heating, three spacious closets, breakfast nooks, and a balcony or patio. Common area amenities include electronic gated access, 51 lighted carports and 17 open parking spaces, a sparkling swimming pool, barbeque area, and an on-site laundry room.
Listing agent: Jonathan MitchellDRE #01227852jon.mitchell@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 11/3/2026, 3:38:14 PM PT
Source: CRMLSMLS #: OC14234117
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$7,950,000
Apr 13, 2015
Available records32014–2015
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90621 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90621 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.