$1,600,000
$1,700,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
0.31 Acres Lot
SOLD DATE : 12/16/2024
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24077385
Sold Date 12/16/24
Bedrooms 6
HOA Y/N No
Lot Size 0.314 Acres
Property Description
Pleased to offer 819 Cypress Avenue, a 6+1 apartment complex located on the beautiful tree-lined street of Cypress Avenue in the city of Santa Ana. This 4,405 SF multifamily property boasts two, single-story cottage style buildings with private yards at the front of the property and a standalone fourplex at the rear of the property. Tenants enjoy the high-quality interior finishes and tranquil residential setting, along with ample parking at over a 2:1 ratio. A desirable construction age of 1973, coupled with strong ownership/management that have renovated five of the seven interiors, make this investment an ideal candidate for the investor looking to produce immediate cash flow with minimal efforts.
Pleased to offer 819 Cypress Avenue, a 6+1 apartment complex located on the beautiful tree-lined street of Cypress Avenue in the city of Santa Ana. This 4,405 SF multifamily property boasts two, single-story cottage style buildings with private yards at the front of the property and a standalone fourplex at the rear of the property. Tenants enjoy the high-quality interior finishes and tranquil residential setting, along with ample parking at over a 2:1 ratio. A desirable construction age of 1973, coupled with strong ownership/management that have renovated five of the seven interiors, make this investment an ideal candidate for the investor looking to produce immediate cash flow with minimal efforts.
Location
State CA
County Orange
Area Oc - Santa Ana (92701)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $128
Acceptable Financing Cash, Conventional
Space Rent $1,602
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Rick Applebaum • Morgan Skenderian