7720 Crescent Avenue
Buena Park, CA, 90620 $ 17,300,000
Baths1.0 Sq 39,416 Monthly Estimate*
$ 107,929
Listed by Marcus & Millichap RE Invest
Studio for $17,300,000 with 1 full bath. This 39,416 square foot home was built in 1971 on a lot size of 1.42.
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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FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 9
Pool Features Community
Year Built 1971
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 1298406
Community Features Curbs Gutter(s) Street Lights Sidewalks Pool
County Orange
Net Operating Income 773672
Operating Expense 487718
Insurance Expense 36800
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 34500
Subdivision Name Other
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Crescent Avenue & Grand Avenue
City Buena Park
Entry Location First level
Senior Community Y/N 0
Open Parking Spaces 33
Number Of Units Total 46
MLS Area 82 - Buena Park
Lot Size Units Acres
Lot Size Square Feet 61855.2
Carport Spaces 35
Carport Y/N 1
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 14528
Fuel Expense 14530
Trash Expense 14528
Water Sewer Expense 14528
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1104
Property Sub Type Additional Apartment
Taxes 196061
Cap Rate 4.47
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InteriorTotal Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features Street Level
Water Source Public
Total Parking 77
Lot Size Area 1.42
Number of Buildings 2
Building Area Total 39416
Lot Size Acres 1.42
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 46
Number of Separate Electric Meters 46
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* Excluded FeaturesList ByMarcus & Millichap Re InvestBroker
tleeson@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $107,929
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Buena Park, CA
Average List Price $4,654,000
Percent of Sale Price 73%
About Buena Park, CA 82,656 Population
8% Since 2002
$ 69,789 Median Income
36.74 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $17,300,000 | | Listed Price |