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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



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 | Apartment Style | Garden |
| Price Per Unit | $514,395 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.20 AC |
| Cap Rate | 4.22% | Building Size | 18,431 SF |
| Gross Rent Multiplier | 14.81 | Average Occupancy | 100% |
| No. Units | 21 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.84/1,000 SF |
| Zoning | Auto Center Specific Plan - Auto Center Specific Plan (ACSP) Sub-District A-1 | ||
| 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
| Parcel Number | 277-111-04 | Total Assessment | $2,364,226 CAD |
| Land Assessment | $913,817 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,450,409 CAD | Tax Year | 2025 |
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
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Dale Terrace | 6851 Dale St
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