819 Cypress Avenue, Santa Ana, CA 92701
- $1,600,000
- Sold Price
- $1,600,000
- List Price
- $1,700,000
- Closing Date
- Dec 16, 2024
- Status
- CLOSED
- MLS#
- PW24077385
- Year Built
- 1973
- Lot Size
- 13,682
- Acres
- 0.31
- Days on Market
- 164
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
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.
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Additional Information
- Taxes
- $23,674
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $154,882
- Operating Expense
- 44518
Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.
Listing sold by Rick Applebaum from Morgan Skenderian
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