46-Unit Apartment
7720 Crescent Ave Buena Park, CA 90620
7720 Crescent Ave, Buena Park, CA, 90620
$16,500,000
For Sale
$16,500,000
Built in 1971, this 46-unit apartment community offers on-site laundry and a pool and spa.
Property Size39,416 SF
Lot Size1.42 Acres
Price / SF$418.61
Days on Market110
Property Features for 7720 Crescent Ave
General Information
- Standard status
- Active
- Size
- 39,416 SF
- Lot size
- 1.42 Acres
- Property subtype
- Multifamily
Listing agency
Orange County Office
(714) 713-9086
Listed by
Tyler Leeson · License #CA: 01451551
(714) 713-9086
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 1:55PM Checked: Jul 21 at 1:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Orange County Office
Investment Insights
Based on property information with market context.
Villa Grande is a 46-unit multifamily property built in 1971. The community offers a mix of 1 Bed/1 Bath, 2 Bed/1.5 Bath, and 2 Bed/2 Bath floor plans. On-site amenities include a swimming pool and spa, and on-site laundry. The property provides controlled pedestrian and vehicle access, with private patios or balconies available in select units and storage lockers in the carport area.
Parking totals 77 spaces, including garage, carport, tuck-under, and surface options. Select units have been upgraded with vinyl flooring, shaker-style cabinetry, quartz countertops, recessed lighting, stainless-steel appliances, and modern bathroom finishes.
Located at 7720 Crescent Ave in Buena Park, Villa Grande is adjacent to Knott’s Berry Farm and near the recently renovated Knott’s Hotel. The property is within walking distance of Buena Park Downtown and about one block from Beach Boulevard, with the mixed-use development at Beach Boulevard and Lincoln Avenue less than half a mile away.
Parking totals 77 spaces, including garage, carport, tuck-under, and surface options. Select units have been upgraded with vinyl flooring, shaker-style cabinetry, quartz countertops, recessed lighting, stainless-steel appliances, and modern bathroom finishes.
Located at 7720 Crescent Ave in Buena Park, Villa Grande is adjacent to Knott’s Berry Farm and near the recently renovated Knott’s Hotel. The property is within walking distance of Buena Park Downtown and about one block from Beach Boulevard, with the mixed-use development at Beach Boulevard and Lincoln Avenue less than half a mile away.
Key Highlights
- Villa Grande is a 46‑unit multifamily property built in 1971 on a 1.42‑acre parcel
- Approximately 39,416 rentable SF with unit mix including 1 bed/1 bath, 2 bed/1.5 bath, and 2 bed/2 bath layouts
- On‑site amenities include controlled pedestrian and vehicle access, swimming pool and spa, and on‑site laundry
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.42M | $36.00 |
| − Vacancy | −$51.1k | −$1.30 |
| EGI | $1.37M | $34.70 |
| − OpEx | −$615.6k | −$15.62 |
| NOI | $752.3k | $19.09 |
39,416 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$10.75M
$9.40M – $12.54M
NOI $752,341 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.24M
$11.58M – $15.45M
NOI $926,733 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flooring Repair Pro
Home Appliance Store
Pak American Realty
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Built in 1971, this 46-unit apartment community offers on-site laundry and a pool and spa.
Where is this apartment building located?
The property is located at 7720 Crescent Ave Buena Park, CA.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: Villa Grande is a 46‑unit multifamily property built in 1971 on a 1.42‑acre parcel; Approximately 39,416 rentable SF with unit mix including 1 bed/1 bath, 2 bed/1.5 bath, and 2 bed/2 bath layouts; On‑site amenities include controlled pedestrian and vehicle access, swimming pool and spa, and on‑site laundry
