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… Read More 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 Read Less
Property listed by Brett Bayless, Broker, Brett Bayless 949-887-2465
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
1.16 Acres
Year Built
1964
MLS Number
OC26178788
Additional Details
Building
Built in 1964, 3 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
Sidewalks, Pool
Expenses
Operating: $179,513
Garage
1 spaces
Income
Gross Income: $514,818, Gross ScheduledIncome: $533,400, Net Operating Income: $335,305
Laundry
CommonArea
Lot
1.16 acres, RectangularLot, StreetLevel
Parking
20 carport spaces, 10 open parking spaces, 31 total parking spaces
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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