5516 Paraguay Dr, Buena Park, California 90620, Buena Park, 90620 - 0 bed, 0 bath
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5516 Paraguay Dr
Buena Park, California 90620
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,116Sq Ft
6,725Lot Size
Property Price
LIST PRICE$1,199,999
EST. MARKET VALUE
$1,169,207
SUMMARY
This Turnkey Single-Family Residence is listed at $1,349,999, reflecting a stable market price relative to its $1,307,067 Fair Market Value. Featuring a fully permitted 2-bedroom ADU, a remodeled white shaker kitchen, and a new roof, the property maintains an Excellent Condition Rating. Its proximity to top-rated schools like Oxford Academy and Kennedy High School ensures long-term desirability. This property offers a rare blend of luxury living and income-generating potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, move-in ready asset in North Orange County.
Estimated Market Value
$1,169,207
Based on Realkey algorithm analyzing recent comparable sales in Buena Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5516 Paraguay Dr Subject 0 bd · 0 ba · 2,116 sqft · $553 | $1,199,999* List Price | 0 | 0 | 2,116 | $553 | - |
A 7463 Bradley Sold 4 bd · 2 ba · 1,731 sqft · $575 · 0.5 mi | $995,000 | 4 | 2 | 1,731 | $575 | 0.5 mi |
B 8428 Los Amores Street Sold 3 bd · 2 ba · 1,617 sqft · $603 · 0.9 mi | $975,000 | 3 | 2 | 1,617 | $603 | 0.9 mi |
C 8001 San Lazaro Circle Sold 4 bd · 2 ba · 1,771 sqft · $524 · 0.9 mi | $927,500 | 4 | 2 | 1,771 | $524 | 0.9 mi |
D 6351 Sherman Way Sold 4 bd · 2 ba · 1,497 sqft · $701 · 0.9 mi | $1,050,000 | 4 | 2 | 1,497 | $701 | 0.9 mi |
E 5686 Panama Sold 3 bd · 2 ba · 1,341 sqft · $676 · 0.2 mi | $907,000 | 3 | 2 | 1,341 | $676 | 0.2 mi |
F 6291 San Ramon Way Active 6 bd · 4 ba · 2,490 sqft · $514 · 1.0 mi | $1,279,000 List Price | 6 | 4 | 2,490 | $514 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (within <5 years) featuring a modern white shaker kitchen, updated bathrooms, and luxury vinyl flooring. Major systems have been addressed with a new roof and a 200-amp electrical panel, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted ADU & Income Potential
The property includes a fully permitted 2-bedroom, 1-bath ADU, providing a rare opportunity for significant rental income, AirBnB hosting, or comfortable multigenerational living.
- Turn-Key Modern Upgrades
Extensively remodeled with a new roof, 200-amp electrical panel, and contemporary finishes like luxury vinyl flooring and a white shaker kitchen, ensuring immediate move-in readiness.
- Access to Elite Schooling
The home is situated near top-rated educational institutions, including the highly prestigious Oxford Academy and Kennedy High School, adding long-term value and appeal for families.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers seeking the aesthetic appeal of hills, city lights, or natural landscapes.
- Premium Market Pricing
Priced at $1.35M in a 1950s-era subdivision, the home sits at the higher end of the local market, which may limit the pool of qualified buyers despite the added value of the ADU.
About 5516 Paraguay Dr
HUGE PRICE REDUCTION — MOTIVATED SELLER! Don’t miss this beautifully remodeled single-story Buena Park home with a fully permitted ADU that is currently rented, offering immediate income potential from day one. This single story home offers a primary with 4 bedrooms, 2 remodeled bathrooms, a modern white shaker kitchen, luxury vinyl flooring, and a bright, open feel throughout. The private ADU provides additional living space with 2 beds and 1 bath—ideal for rental income or multigenerational living. Major upgrades include a newer roof, 200-amp electrical panel, a fully permitted addition, and low-maintenance artificial turf in both the front and backyard. Conveniently located near the 91 Freeway, The Source OC, Los Cerritos Center, Knott’s Berry Farm, Disneyland, shopping, dining, and more. Remodeled. Fully permitted. Income-producing. Priced to sell. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 6,725 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.3 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,116 | 1,397.57 |
| Lot Size | 6,725 | 6,202.785 |
| Price | $1.20M | $932.0K |
| Price per sq ft | $567 | $625 |
| Built year | 1958 | 1958 |
| HOA | $0 | $262 |
| Days on market | 90 | 46 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,199,999
$1,269,999
-6% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$1,269,999
$1,299,999
-2% Price Drop
Initial Listing
Price Change
Aug 25, 2026
$1,299,999
$1,349,999
-4% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$1,349,999
Initial Listing
Sold
Nov 3, 2021
$685,500
Public Record
Sold
May 28, 1999
$172,000
Public Record