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Elite Real Estate Group
info@elitereg805.com$6,700,000
Est. payment /mo
1.16 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID OC26178788
HOA Y/N No
Year Built 1964
Lot Size 1.160 Acres
Property Sub-Type Apartment
Property Description
Dale Terrace is a well-maintained, single-story multifamily community that represents a rare offering in a highly sought-after Buena Park location. The property features an excellent unit mix of two-bedroom/two-bath (˜62%), one-bedroom/one-bath (˜34%), and three-bedroom/two-bath (˜5%) floorplans. Recent capital improvements, including a roof installed within the last two years, upgraded main and sub-electrical panels, dual-paned vinyl windows and sliders, and a freshly slurry-sealed parking lot, reduce near-term capex and enhance operational reliability. The property sits on an expansive 1.16-acre, gated parcel within walking distance of James A. Whitaker Elementary and Buena Park High School. Dale Terrace benefits from compelling demographics and proximity to major employment, with average household incomes of $111,967 and more than 24,000
businesses employing over 224,000 people within a five-mile radius. Investors can pursue incremental NOI growth through light interior refreshes and operational efficiencies. This is a unique opportunity to acquire an asset with strong in-place performance, immediate cash flow, and meaningful upside. Please note that the property is Legal Non Conforming, located in Auto Center Specific Plan (ACSP) Sub-District A-1
businesses employing over 224,000 people within a five-mile radius. Investors can pursue incremental NOI growth through light interior refreshes and operational efficiencies. This is a unique opportunity to acquire an asset with strong in-place performance, immediate cash flow, and meaningful upside. Please note that the property is Legal Non Conforming, located in Auto Center Specific Plan (ACSP) Sub-District A-1
Location
State CA
County Orange
Area 82 - Buena Park
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 1.0
Carport Spaces 20
Garage Description 1.0
Pool Community
Community Features Sidewalks, Pool
Total Parking Spaces 31
Private Pool No
Building
Lot Description Rectangular Lot, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 27711104
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Brett Bayless Brett Bayless, Broker 949-887-2465, DRE #01718244
Nearby Schools & Businesses
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Elite Real Estate Group
Team