Thank you
Rick Applebaum
Morgan Skenderian
949-251-8800
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.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1973
Building Area Total: 4,405
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3141
Lot Size Source: Assessor
Lot Size Square Feet: 13682
Original List Price: 1,998,000
Listing Contract Date: 2024-04-18
Listing Agreement: Exclusive Right To Sell
Parcel Number: 01105201
Annual Tax: 23674
Garage Description: Assigned
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 5872
Directions: North of McFadden Avenue, East of Main Street
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 51
Common Walls: 1 Common Wall
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: 1
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
918 French Street, Santa Ana, CA,92701 | $1,495,000 | 8 | 2 | 3,417 | 7841 Sqft |
301 N Mcclay Street, Santa Ana, CA,92701 | $1,025,000 | 2 | 1 | 960 | 12281 Sqft |
203 E Bishop Street, Santa Ana, CA,92701 | $695,000 | 2 | 2 | 1,294 | 7414 Sqft |
700 W 3rd Street #B209, Santa Ana, CA,92701 | $315,000 | 1 | 1 | 768 | -- |
406 E Myrtle Street, Santa Ana, CA,92701 | $1,225,000 | 4 | 2 | 1,728 | 7500 Sqft |
902 E 17th Street, Santa Ana, CA,92701 | $4,000,000 | -- | -- | 10,990 | 11547 Sqft |
1421 N Bush Street, Santa Ana, CA,92701 | $829,900 | 3 | 1 | 1,164 | 6900 Sqft |
709 E Chestnut Avenue, Santa Ana, CA,92701 | $3,480,000 | -- | -- | 7,032 | 6848 Sqft |
600 W 3rd Street #B114, Santa Ana, CA,92701 | $304,900 | 1 | 1 | 754 | -- |
1507 E 4th Street, Santa Ana, CA,92701 | $749,900 | 3 | 2 | 976 | 4961 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 10:22
MLS: PW24077385
LISTED BY: Rick Applebaum, Morgan Skenderian
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.