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7720 Crescent Avenue

Buena Park, CA 90620
  • $16,500,000
  • STATUS: Active
  • ON SITE: 130 Days
  • ID#: OC25255246
Price Reduced
$16,500,000
  • 0
    BEDS
  • 1.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)


Description

Villa Grande is 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/169684476
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7720 Crescent Avenue Buena Park, CA 90620

  • Price: $16,500,000
  • Status: Active
  • On Site: 130 Days
  • ID#: OC25255246
0
Beds
0
Baths
0
½ Baths
1.42
Acres
1971
Built
Neighborhood:
Other
County:
Orange
Area:
82 - Buena Park
Property Description
Villa Grande is 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.
Exterior Features

Carport Spaces 35 Carport YN Yes Entry Level 1 Entry Location First level Lot Features Street Level Number Of Separate Electric Meters 46 Open Parking Spaces 33 Parking Total 77 Pool Features Community Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.74 Common Interest Community Apartment Community Features CurbsGutter(s)Street LightsSidewalksPool Electric Expense 14528 Fuel Expense 14530 Garage YN Yes Gross Income 1259721 Gross Scheduled Income 1231608 Insurance Expense 36800 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 34500 Net Operating Income 782902 New Construction YN No New Taxes Expense 186995 Number Of Separate Gas Meters 46 Number Of Separate Water Meters 1 Operating Expense 476819 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 14528 Vacancy Allowance 36948 Vacancy Allowance Rate 3 Water Sewer Expense 14528 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404213766-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404213766-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404213766-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Tyler Leeson of Marcus & Millichap RE Invest (949-419-3200)