6430 Crescent Ave Buena Park, CA 90620
Estimated payment $22,417/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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)
MLS Number: OC25261825
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