Log In/Sign Up
Your email has been sent.
Villa Grande Apartments 7720 Crescent Ave 46 Unit Apartment Building $17,300,000 ($376,087/Unit) 4.47% Cap Rate Buena Park, CA 90620
INVESTMENT HIGHLIGHTS
- 46 units built in 1971 on a 1.42-acre parcel totaling 39,416 rentable SF.
- Vinyl flooring, Shaker-style cabinets, quartz countertops, and stainless-steel appliances in many units.
- Private patios or balconies with additional carport storage.
- Spacious one- and two-bedroom layouts with select upgraded interiors.
- Controlled access, swimming pool & spa, on-site laundry, and 77 total parking spaces.
- Steps from Knott’s Berry Farm and the renovated Knott’s Hotel.
EXECUTIVE SUMMARY
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).*
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).*
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$1,233,888
|
$31.30
|
| Other Income |
$64,518
|
$1.64
|
| Vacancy Loss |
$37,017
|
$0.94
|
| Effective Gross Income |
$1,261,389
|
$32.00
|
| Taxes |
$196,061
|
$4.97
|
| Operating Expenses |
$291,657
|
$7.40
|
| Total Expenses |
$487,718
|
$12.37
|
| Net Operating Income |
$773,671
|
$19.63
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $1,233,888 |
| Annual Per SF | $31.30 |
| Other Income | |
|---|---|
| Annual | $64,518 |
| Annual Per SF | $1.64 |
| Vacancy Loss | |
|---|---|
| Annual | $37,017 |
| Annual Per SF | $0.94 |
| Effective Gross Income | |
|---|---|
| Annual | $1,261,389 |
| Annual Per SF | $32.00 |
| Taxes | |
|---|---|
| Annual | $196,061 |
| Annual Per SF | $4.97 |
| Operating Expenses | |
|---|---|
| Annual | $291,657 |
| Annual Per SF | $7.40 |
| Total Expenses | |
|---|---|
| Annual | $487,718 |
| Annual Per SF | $12.37 |
| Net Operating Income | |
|---|---|
| Annual | $773,671 |
| Annual Per SF | $19.63 |
PROPERTY FACTS
| Price | $17,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $376,087 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.42 AC |
| Cap Rate | 4.47% | Building Size | 39,416 SF |
| Gross Rent Multiplier | 13.32 | Average Occupancy | 98% |
| No. Units | 46 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.95/1,000 SF |
| Zoning | RM-16 - Residential | ||
| Price | $17,300,000 |
| Price Per Unit | $376,087 |
| Sale Type | Investment |
| Cap Rate | 4.47% |
| Gross Rent Multiplier | 13.32 |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.42 AC |
| Building Size | 39,416 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | RM-16 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Double Pane Windows
- Vinyl Flooring
- Quartz Countertops
SITE AMENITIES
- Controlled Access
- Courtyard
- Laundry Facilities
- Pool
- Tenant Controlled HVAC
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 33 | - | 825 |
| 2+1 | 1 | - | 1,005 |
| 2+1.5 | 12 | - | 950 - 995 |
1 1
PROPERTY TAXES
| Parcel Number | 135-121-01 | Total Assessment | $19,850,763 |
| Land Assessment | $16,979,328 | Annual Taxes | $196,061 ($4.97/SF) |
| Improvements Assessment | $2,871,435 | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
135-121-01
Land Assessment
$16,979,328
Improvements Assessment
$2,871,435
Total Assessment
$19,850,763
Annual Taxes
$196,061 ($4.97/SF)
Tax Year
2025 Payable 2025
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Villa Grande Apartments | 7720 Crescent Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.