6851 Dale, Buena Park, CA 90621
- $6,700,000
- List Price
- $6,700,000
- Status
- ACTIVE
- MLS#
- OC26178788
- Year Built
- 1964
- Lot Size
- 50,529
- Acres
- 1.16
- Lot Location
- Rectangular Lot, Street Level
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- Na
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
Additional Information
- Pool Description
- Community
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 21
- Gross Scheduled Income
- $533,400
- Operating Expense
- 179513
Listing courtesy of Listing Agent: Brett Bayless (Brett.Bayless@mogharebi.com) from Listing Office: Brett Bayless, Broker.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.