6851 DALE ST, BUENA PARK CA 90621
21 Single Story Apartments | 67%- 2-3 Bedroom Units
Marketing description
Dale Terrace is a well-maintained, single-story multifamily community that represents a rare offering in a highly sought-after Buena Park location. The property features an efficient unit mix two bedroom/two-bath (62%), three-bedroom/two-bath (5%), and of one-bedroom/one-bath floorplans (34%).
Recent capital improvements, including a roof installed within the last two years, upgraded main and sub-electrical panels, copper plumbing, dual-paned vinyl windows and sliders, and a freshly slurry sealed parking lot, reduce near-term capex and enhance operational reliability. The property sits on an expansive 1.16-acre, gated parcel within walking distance of James A. Whitaker Elementary and Buena Park High School.
Property is Legal Non-Conforming, located in the Buena Park Auto Center Specific Plan (ACSP).
Download Offering Memorandum: https://mogharebi.com/view/DaleTerrace
Investment highlights
- 100% Single Story Construction
- Ideal Unit Mix - One - 3 Bed / 2 Bath Owners Unit, Thirteen - 2 Bed / 2 Bath, and Seven - 1 Bed / 1 Bath Units
- Well Maintained Legacy Asset - First Time on the Market Since the 1980s
- Recent Improvements - New Roof (Approximately 2-Years ago), New Main and Sub Electrical Panels, Dual Paned Vinyl Windows and Sliders, and Copper Plumbing
- Excellent Location - Walking distance to James A. Whitaker Elementary School
- Amenities - On-Site Laundry, HVAC, Gated Entrance, balconies (select units), and Garage Parking
- Large Lot - Huge 1.16 Acre Lot with Gated Access
- Upside in Income - Approximately 23% Upside in Rental Income
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