Property Detail

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