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7720 Crescent Ave, Buena Park, CA 90620

  • $16,500,000

  • bed

  • bath

Multi-family for sale 181 days
$800K price drop
Movoto is helping 27 homebuyers near you

About 7720 Crescent Ave

Property type Multi-family
Year built 1971
HOA fee $0/month
Lot size 1.42 Acre
Movoto estimate
Parking 9 garage spaces
Rental estimate
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.
Listed by
Listing Agent - Tyler Leeson
Listing Agent Contact: Tleeson@marcusmillichap.com
Listing Office - Marcus & Millichap RE Invest
Source: CRMLS mls logo
MLS#OC25255246 • last updated 2 months ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 1.42
Lot Size (SqFt) 61855.2
Year Built 1971
Interior
Laundry Community
Exterior
Building Area Square Feet, 39416
# Uncovered Spaces 33
# Carport Spaces 35
# Parking Spaces 77
# Garage Spaces 9
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool Community
Location
County Orange
Community Features Gutters, Curbs, Street Lights, Sidewalks
Subdivision Other, Other (OTHR)
Directions Cross Streets Of Crescent Avenue & Grand Avenue
APN 13512101
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 36948
Expense: Trash 14528
Operating Expense 476819
Cap Rate 4.74
Expense: Insurance 36800
Total Expenses 476819
Expense: Maintenance 34500
Expense: Water/ Sewer 14528
Gross Income 1259721
Gross Operating Income 1194660
Expense: Electric 14528
Gross Multiplier 13.32
Gross Scheduled Income 1231608
Expense: Fuel 14530
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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65/100
Walk
93/100
Family
96/100
Dining
98/100
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  • Real Estate
  • CA
  • Orange County
  • Buena Park
  • 90620
  • 7720 Crescent Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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