6430 Crescent Ave - Apartments FOR SALE


Buena Park, CA 90620
$3,575,000 USD
714-713-9086
6430 Crescent Ave, Buena Park, CA for Sale
$3,575,000 USD
Apartments - FOR SALE
1/11
null | 5.33% Cap Rate

6430 Crescent Ave
Buena Park, CA 90620


HIGHLIGHTS

  • Built in 1962 on a 0.44-acre parcel, Villa Cresenta features a desirable mix of three 1-bed/1- bath units and eight 2-bed/1-bath units.
  • Value-Add: Offered at a 5.33 percent cap rate on current rents and a projected 6.41 percent at market rents.
  • Spacious common area courtyard, on-site laundry facility, and a total of 15 parking spaces (11 garages and 4 surface).
  • Within walking distance of Heroes Park and San Marino Elementary School, providing family-oriented appeal and everyday convenience.
  • Just over half a mile from Cypress College and approximately one mile from Knott’s Berry Farm, one of the area’s largest employers and attractions.
  • Surrounded by retail centers providing daily necessities and positioned less than 1.5 miles from Beach Boulevard and State Route 91.

OVERVIEW

The Leeson Group of Marcus & Millichap is pleased to present Villa Cresenta, an 11-unit multifamily investment opportunity located at 6430 Crescent Avenue in Buena Park, California. Built in 1962 on a 0.44-acre parcel, the property features a desirable mix of three 1-bed/1-bath units and eight 2-bed/1-bath units, catering to a broad range of tenants. Residents benefit from a spacious common area courtyard, on-site laundry, and 11 garage and 4 surface parking spaces, along with security doors and a well-maintained environment that supports long-term tenant retention. Offered at a 5.33 percent cap rate on current rents and a projected 6.41 percent cap rate on market rents, Villa Cresenta provides investors with strong in-place income and meaningful upside through the completion of a comprehensive unit renovation program. Situated on a frontage road running parallel to Crescent Avenue, the property offers a quieter residential setting with excellent accessibility. Residents enjoy walkable access to Heroes Park and San Marino Elementary School, providing strong neighborhood and family-oriented appeal. It is also just over half a mile from Cypress College, a key driver of local rental demand, and about one mile from Knott’s Berry Farm, a major regional employment center supporting consistent tenant demand. The location is surrounded by retail centers offering daily conveniences and bene?ts from quick access to Beach Boulevard and State Route 91, providing direct connectivity throughout Orange and Los Angeles Counties. Villa Cresenta represents a rare opportunity to acquire a well-located, low-density asset in a supply-constrained market with immediate cash ?ow and clear value-add potential, an ideal addition to any multifamily portfolio. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$3,575,000 USD

PRICE/SF

$410 USD /SF

# OF UNITS

11

PRICE/UNIT

$325,000

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Cresenta

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R3

APN/PARCEL ID

260-051-03

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.