7720 Crescent Ave - Apartments FOR SALE


Buena Park, CA 90620
$17,300,000 USD
714-713-9086
7720 Crescent Ave, Buena Park, CA for Sale
$17,300,000 USD
Apartments - FOR SALE
1/16
null | 4.47% Cap Rate

7720 Crescent Ave
Buena Park, CA 90620


HIGHLIGHTS

  • 46 units built in 1971 on a 1.42-acre parcel totaling 39,416 rentable SF.
  • Spacious one- and two-bedroom layouts with select upgraded interiors.
  • Vinyl flooring, Shaker-style cabinets, quartz countertops, and stainless-steel appliances in many units.
  • Controlled access, swimming pool & spa, on-site laundry, and 77 total parking spaces.
  • Private patios or balconies with additional carport storage.
  • Steps from Knott’s Berry Farm and the renovated Knott’s Hotel.

OVERVIEW

The Leeson Group of Marcus & Millichap is pleased to present Villa Grande, a 46-unit multifamily investment opportunity located in the heart of Buena Park, just steps from Knott’s Berry Farm and minutes from major employment, retail, and transportation corridors. Built in 1971 on a 1.42-acre parcel, the property encompasses approximately 39,416 rentable square feet and offers an attractive mix of spacious floor plans, including 1 Bed/1 Bath, 2 Bed/1.5 Bath, and 2 Bed/2 Bath layouts. Residents enjoy a well-amenitized living environment featuring controlled pedestrian and vehicle access, a swimming pool and spa, on-site laundry, and a total of 77 garage, carport, tuck-under, and surface parking spaces. Select units have been upgraded with vinyl flooring, shaker-style cabinetry, quartz countertops, recessed lighting, stainless-steel appliances, and modern bathroom finishes, enhancing renter appeal and supporting rental growth potential. Private patios or balconies and convenient storage lockers in the carport area further elevate the resident experience. Ideally situated in a prime Buena Park location, Villa Grande lies adjacent to Knott’s Berry Farm and the recently renovated Knott’s Hotel, within walking distance of Buena Park Downtown, and just one block from Beach Boulevard. This central corridor provides direct connectivity to neighboring cities, major freeways, and retail destinations across North Orange County. The property is also less than half a mile from the mixed-use development at Beach Boulevard and Lincoln Avenue, underscoring the area’s ongoing revitalization and strong demand for quality rental housing. Offering scale, location, and proven operational performance, Villa Grande presents investors with a rare opportunity to acquire a well-maintained asset in one of Orange County’s most dynamic and entertainment-driven markets. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$17,300,000 USD

PRICE/SF

$439 USD /SF

# OF UNITS

46

PRICE/UNIT

$376,087

CAP RATE

4.47%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Grande Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.42 AC

LAND SF

61,855 SF

ZONING

RM-16

APN/PARCEL ID

135-121-01

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.