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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.
Property Type(s):
Residential Income
| Last Updated | 11/17/2025 | Tract | Other |
|---|---|---|---|
| Year Built | 1962 | Community | 82 - Buena Park |
| Garage Spaces | 11.0 | County | Orange |
Additional Details
| AREA | 82 - Buena Park |
|---|---|
| GARAGE | Yes |
| LOT | 0.44 acre(s) |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Other |
| WATER | Public |
Location
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Listed with Marcus & Millichap RE Invest
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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