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30779646
30779647

6430 Crescent Avenue, Buena Park, CA 90620

TL
Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest
$3,575,000
70 days on market
Updated 69 days ago

6430 Crescent Avenue

Details
APN 26005103
Property Type Multifamily
Sub Type Apartment Building
Units 11
Cap Rate 5.33%
Buildings 1
Stories 2
Acreage 0.440
Zoning Assessor

Multifamily | 5.33% CAP | 11 Units

Marketing description

Villa Cresenta is 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 Knotts 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
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Listing Contacts

TL
Marcus & Millichap RE Invest
Listed by Marcus & Millichap RE Invest

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