BUENA PARK, CA-A locally based private investor has purchased the 32-unit Buena Casa Apartments at 8071 Seventh St. for $3.9 million, according to the CB Richard Ellis Private Client Group in Anaheim.

Steve Heri and Cara Weichman of the Private Client Group, who represented the buyer, say the new owner plans to add value to the complex by raising rents to market levels. The Buena Casa consists of four one-bedroom, one-bathroom units averaging 615 sf, 18 two-bedroom, two-bathroom units averaging 920 sf each, and 10 three-bedroom, two-bathroom units averaging 1,128 sf each.

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