Date
Details
Price
Change
Source
9/24/2026
Listed
$1,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,190,000 Just Listed
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Property Description
Exceptional commercial opportunity in a prime Buena Park location. Situated on a prominent corner parcel along bustling Commonwealth Avenue, this freestanding property currently operates as a catering and food service kitchen. Featuring a practical freestanding building on a generous 5,227 sq. ft. lot, the property also benefits from a brand-new roof replaced last year (2025), offering peace of mind and reduced capital expenditures for the next owner. The site boasts outstanding street visibility, high daily traffic counts, and versatile potential for owner-users, food service operators, or seasoned commercial investors. Ideally positioned near major thoroughfares, retail corridors, and vibrant local amenities. A rare opportunity to acquire high-exposure commercial real estate in the heart of Orange County. Buyer and buyer's agent to verify all permits, zoning, square footage, and allowable uses with the city.
Full Property Details
Full Property Details for 8242 Commonwealth
General
- Price: $1,190,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: PW26208633
- Updated: 9/24/2026
- Days on Market: 2 days
- Added to Site: 2 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Orange
- Driving Directions: Corner of Commonwealth Ave and Indiana St
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1437
- Square Feet: 1,437
Lot Features
- Lot Size (Acres): 0.12
- Useable Acres: .12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $828
Disclosures and Reports
- Property ID: 7025029
Listed by Coldwell Banker Best Realty, KyungaeYoon and EstherLee
We Value Your Privacy
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Listing agents
— 8242 Commonwealth —
KyungaeYoon
Coldwell Banker Best Realty
EstherLee
714-909-4433
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8242 Commonwealth
| Name | Grades | Distance |
|---|---|---|
James A. Whitaker Elementary School 8401 Montana Avenue, Buena Park, CA 90621 | K-5 | 0.6 mi |
Gordon H. Beatty Middle 8201 Country Club Drive, Buena Park, CA 90621 | 6-8 | 1 mi |
Buena Park High School 8833 Academy Drive, Buena Park, CA 90621 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8242 Commonwealth
Tax History
Tax History for 8242 Commonwealth
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,912
—
$139,374
2%
2025
$2,912
5%
$136,642
2%
2024
$2,761
3%
$133,963
2%
2023
$2,687
8%
$131,337
2%
2022
$2,494
1%
$128,762
2%
2021
$2,472
1%
$126,238
1%
2020
$2,436
1%
$124,944
2%
2019
$2,401
2%
$122,495
2%
2018
$2,362
-4%
$120,094
2%
2017
$2,464
-31%
$117,740
2%
2016
$3,563
3%
$115,432
2%
2015
$3,471
1%
$113,699
2%
2014
$3,426
3%
$111,472
—
2013
$3,332
—
$110,969
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8242 Commonwealth
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- Single Family
- Active
- Updated 2 hours ago
- 3Beds
- 2Total Baths
- 1,868Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,956Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
- 1,688Sq. Ft.
- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 2Total Baths
- 1,543Sq. Ft.
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- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,970Sq. Ft.
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- Single Family
- Closed
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 1,897Sq. Ft.
8242 Commonwealth, Buena Park, CA 90621 (MLS# PW26208633) is a Retail property. 8242 Commonwealth is currently listed for $1,190,000 and was received on September 24, 2026. Want to learn more about 8242 Commonwealth? Do you have questions about finding other Retail real estate for sale in Buena Park? You can browse all Buena Park real estate or contact a Coldwell Banker agent to request more information.