$3,575,000

6430 Crescent Ave Buena Park, CA 90620

Estimated payment $22,417/month

3 Beds
2 Baths
8,729 Sq Ft
$410 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Level Lot
  • John F. Kennedy High School Rated A
  • Laundry Room

About This Home

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 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.

Listing Agent

Tyler Leeson

Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 11/17/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1962

Lot Details

  • 0.44 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Open Parking Spaces
  • 11 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 8,729 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 6059
  • Tax Tract Number 110201
  • Assessor Parcel Number 26005103
  • $3,025 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,308
  • Fuel Expense $3,310
  • Insurance Expense $8,800
  • Maintenance Expense $11,000
  • Trash Expense $3,308
  • Water Sewer Expense $3,308
  • New Taxes Expense $40,515
  • Operating Expense $90,574
  • Gross Income $289,509
  • Net Operating Income $190,395

Property Details

Home Type

Apartment

Year Built

Built in 1962

Lot Details

0

Parking

11

Listing Details

  • CapRate: 5.33
  • Property Attached: No
  • Water Sewer Expenses: 3308.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 26005103
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 409.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 15.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 3308.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 19166.40
  • Lot Size Acres: 0.4400

Multi Family

  • Electric Expense: 3308.00
  • Fuel Expense: 3310.00
  • Gross Income: 289509.00
  • Gross Multiplier: 12.35
  • Gross Operating Income: 276124.00
  • Gross Scheduled Income: 284664.00
  • Insurance Expense: 8800.00
  • Lot Size Area: 0.4400 Acres
  • Maintenance Expense: 11000.00
  • Net Operating Income: 190395.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 11
  • Operating Expense: 90574.00
  • Operating Expense Percent: 32.20
  • Other Income1: 4845.00
  • Other Income Description: Laundry & Parking
  • Rent Control: No
  • Total Expenses: 90574.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 40515.00
  • Tax Lot: 6059
  • Tax Tract Number: 110201
  • TaxOtherAnnualAssessmentAmount: 3025.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 For Sale $3,575,000 -- $410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25261825

California Regional Multiple Listing Service (CRMLS)