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Dale Terrace 6851 Dale St 21 Unit Apartment Building $10,802,298 CAD ($514,395 CAD/Unit) 4.22% Cap Rate Buena Park, CA 90621

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INVESTMENT HIGHLIGHTS

  • 100% Single Story Construction
  • Recent Improvements - New Roof, New Main and Sub Electrical Panels, Dual Paned Vinyl Windows and Sliders, Paint, and Copper Plumbing
  • Large 1.16 Acre Lot with Gated Access
  • Well Maintained Legacy Asset - First Time on the Market Since the 1980s
  • Ideal Unit Mix - One - 3 Bed / 2 Bath Owners Unit, Thirteen - 2 Bed / 2 Bath, and Seven - 1 Bed / 1 Bath Units
  • Upside in Income - Approximately 23% Upside in Rental Income

EXECUTIVE SUMMARY

Dale Terrace is a well-maintained, single-story multifamily community offered for sale for the first time since the early 1980s. Located in a highly sought-after Buena Park location, a new owner will benefit from the opportunity to acquire an asset with significant income and operational upside. The property features an efficient unit mix of one-bedroom/one-bath (˜34%), two-bedroom/two-bath (˜62%), and select three-bedroom/two-bath (˜5%) floorplans. Recent capital improvements, include a roof installed within the last two years, upgraded main and sub-electrical panels, dual-paned vinyl windows and sliders, newer paint, and copper plumbing which will 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 income 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.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $10,802,298 CAD
Price Per Unit $514,395 CAD
Sale Type Investment
Cap Rate 4.22%
Gross Rent Multiplier 14.81
No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.20 AC
Building Size 18,431 SF
Average Occupancy 100%
No. Stories 1
Year Built 1964
Parking Ratio 1.84/1,000 SF
Zoning Auto Center Specific Plan - Auto Center Specific Plan (ACSP) Sub-District A-1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Range
  • Double Pane Windows
  • Patio

SITE AMENITIES

  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Pool
  • Security System
  • Gated

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 13 $3,732 CAD 950
3+2 1 $4,709 CAD 1,181
1+1 7 $2,901 CAD 700

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
277-111-04
Land Assessment
$913,817 CAD
Improvements Assessment
$1,450,409 CAD
Total Assessment
$2,364,226 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 38088556

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 6851 Dale St, Buena Park, CA 90621

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