Villa Cresenta
Multifamily | 11 Units | $325,000/unit
Marketing description
Download the Offering Memorandum: https://villacresenta.sharplaunch.com/
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 benefits 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).*
Investment highlights
ATTRACTIVE 11-UNIT OFFERING
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, catering to a broad range of tenants.
STRONG CURRENT INCOME WITH UPSIDE
Offered at a 5.33 percent cap rate on current rents and a projected 6.41 percent at market rents, providing investors both stable cash flow and significant value-add potential through a comprehensive unit renovation program.
RESIDENT-FRIENDLY AMENITIES
Features a spacious common area courtyard, on-site laundry facility, and a total of 15 parking spaces (11 garages and 4 surface), supported by security doors and a well-maintained environment that promotes long-term retention.
WALKABLE COMMUNITY CONVENIENCE
Within walking distance of Heroes Park and San Marino Elementary School, providing family-oriented appeal and everyday convenience.
PROXIMITY TO MAJOR EMPLOYMENT & EDUCATION
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.
CONNECTED NORTH ORANGE COUNTY LOCATION
Surrounded by retail centers providing daily necessities and positioned less than 1.5 miles from Beach Boulevard and State Route 91, offering direct access throughout Orange and Los Angeles Counties.
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