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28078831
28078832

7720 Crescent Ave, Buena Park, CA 90620

TL
CA CA 01451551
Marcus & Millichap - Orange County
MC
CA CA 01274709
Marcus & Millichap - Orange County
MK
CA 01364032
Marcus & Millichap - Orange County
DY
CA 01812690
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County
$16,500,000
210 days on market
Updated 91 days ago

Villa Grande

Details
APN 135-121-01
Property Type Multifamily
Sub Type Apartment Building
Square Footage 39,416
Net Rentable (SqFt) 39,416
Units 46
Cap Rate 4.74%
NOI $782,902
Pro-Forma Cap Rate 5.35%
Pro-Forma NOI $883,571
Price per SqFt $419
Year Built 1971
Buildings 2
Stories 2
Acreage 1.420
Ownership Fee Simple

Multifamily | 46 Units | $358,696/unit

Marketing description

Download the Offering Memorandum: https://villagrande.sharplaunch.com/

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).*

Investment highlights

ATTRACTIVE 46-UNIT INVESTMENT OPPORTUNITY

Built in 1971 on a 1.42-acre parcel, Villa Grande comprises approximately 39,416 rentable square feet and features a mix of spacious floor plans, including 1 Bed/1 Bath, 2 Bed/1.5 Bath, and 2 Bed/2 Bath layouts.

UPGRADED INTERIORS & RESIDENT APPEAL

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.

COMPREHENSIVE AMENITY PACKAGE

Residents enjoy controlled pedestrian and vehicle access, a swimming pool and spa, on-site laundry, and 77 total parking spaces including garage, carport, tuck-under, and surface options. Private patios or balconies and storage lockers in the carport area further enhance the resident experience.

PRIME BUENA PARK POSITIONING

Situated just steps from Knott’s Berry Farm and adjacent to the recently renovated Knott’s Hotel, Villa Grande benefits from year-round tenant demand driven by nearby employment, tourism, and entertainment activity.

CONNECTED TO RETAIL & DAILY CONVENIENCES

Within walking distance of Buena Park Downtown and only one block from Beach Boulevard, offering direct access to retail, dining, and everyday conveniences across Buena Park and neighboring cities.

PROXIMITY TO NEW DEVELOPMENT & GROWTH CORRIDORS

Located less than half-a-mile from the mixed-use project at Beach Boulevard and Lincoln Avenue, currently under construction and expected to open in 2026, further underscoring the area’s ongoing revitalization and strong long-term growth trajectory.

Listing Contacts

TL
CA CA 01451551
Marcus & Millichap - Orange County
MC
CA CA 01274709
Marcus & Millichap - Orange County
MK
CA 01364032
Marcus & Millichap - Orange County
DY
CA 01812690
Marcus & Millichap - Orange County
Listed by Marcus & Millichap - Orange County

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$782,902.00
$65,241.83/mo

Valuation Metrics

0
DSCR
4.74%
Cap Rate
4.74%
ROI

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Additional Information

Name
Tyler Leeson
License
CA 01451551
Brokerage Phone
7147139086
Name
Michael Cavner
License
CA 01274709
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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