Property Overview

Property Facts

  • Price $17,300,000
  • Price Per Unit $376,087
  • Current CAP Rate 4.77%
  • Current GIM 12.33
  • Year Built 1971
  • Building Size (SF) 39,416
  • Lot Size (AC) 1.42
  • Address 7720 Crescent Avenue, Buena Park, CA 90620
  • APN 135-121-01
  • Property Type Multifamily

The Offering

The Leeson Group of Marcus & Millichap is pleased to present Villa Grande, 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.

Investment Highlights

Built in 1971 on a 1.42-acre parcel, Villa Grande comprises approximately 39,416 rentable square feet and features a mix of spacious floor plans, including 1 Bed/1 Bath, 2 Bed/1.5 Bath, and 2 Bed/2 Bath layouts.

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.

Residents enjoy controlled pedestrian and vehicle access, a swimming pool and spa, on-site laundry, and 77 total parking spaces including garage, carport, tuck-under, and surface options. Private patios or balconies and storage lockers in the carport area further enhance the resident experience.
Situated just steps from Knott’s Berry Farm and adjacent to the recently renovated Knott’s Hotel, Villa Grande benefits from year-round tenant demand driven by nearby employment, tourism, and entertainment activity.

Within walking distance of Buena Park Downtown and only one block from Beach Boulevard, offering direct access to retail, dining, and everyday conveniences across Buena Park and neighboring cities.

Located less than half-a-mile from the mixed-use project at Beach Boulevard and Lincoln Avenue, currently under construction and expected to open in 2026, further underscoring the area’s ongoing revitalization and strong long-term growth trajectory.

Team

Tyler Leeson

Tyler Leeson

Executive Managing Director
CA 01451551
Matthew Kipp

Matthew Kipp

Senior Managing Director
CA 01364032
Michael Cavner

Michael Cavner

David Yeh

David Yeh

Senior Director
CA 01812690