819 Cypress Avenue Santa Ana, CA ^$ 1,788,000

819 Cypress Avenue

^$ 1,788,000

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819 Cypress Avenue

Santa Ana, CA, 92701

^$ 1,788,000

Bedrooms9 Baths4.0 Sq 4,405

Monthly Estimate*

^$ 11,884

Listed by Morgan Skenderian

819 Cypress Avenue, Santa Ana, CA 92701 - Image 1

819 Cypress Avenue, Santa Ana, CA 92701 - Image 2

819 Cypress Avenue, Santa Ana, CA 92701 - Image 3

819 Cypress Avenue, Santa Ana, CA 92701 - Image 4

819 Cypress Avenue, Santa Ana, CA 92701 - Image 5

819 Cypress Avenue, Santa Ana, CA 92701 - Image 6

819 Cypress Avenue, Santa Ana, CA 92701 - Image 7

819 Cypress Avenue, Santa Ana, CA 92701 - Image 8

819 Cypress Avenue, Santa Ana, CA 92701 - Image 9

819 Cypress Avenue, Santa Ana, CA 92701 - Image 10

819 Cypress Avenue, Santa Ana, CA 92701 - Image 11

819 Cypress Avenue, Santa Ana, CA 92701 - Image 12

819 Cypress Avenue, Santa Ana, CA 92701 - Image 13

819 Cypress Avenue, Santa Ana, CA 92701 - Image 14

Multi-Family Home for sale in Santa Ana, CA

for $1,788,000 with 9 bedrooms and 4 full baths. This 4,405 square foot home was built in 1973 on a lot size of 0.3141.

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.

Multi-Family Active

Price

^$ 1,788,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 23,674

Style

Apartment

Lot Size

0.3141

Year Built

1973

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW24077385

Days on Market

Features

General

Sewer PublicSewer

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1973

Stories 2

Levels Two

Property SubType Apartment

Gross Income 1800.0

Community Features Curbs Gutters Sidewalks

County Orange

Net Operating Income 104741.0

Operating Expense 45494.0

Insurance Expense 2781.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North of McFadden Avenue East of Main Street

City Santa Ana

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 7.0

Total Units 7

MLS Area 699 - Not Defined

Lot Size Square Feet 13682.0

Private Pool N

Waterfront Y/N N

Carport Spaces 6.0

Carport Y/N Y

Street Name Cypress

Listing Terms Cash CashtoNewLoan Conventional Submit

Property Attached Y/N Y

Land Lease Y/N N

Tax Annual Amount 23674.0

Electric Expense 3339.0

Home Warranty Y/N N

Fuel Expense 3339.0

Trash Expense 3339.0

Water Sewer Expense 3339.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 19

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 8

Total Actual Rent 12756.0

Property Sub Type Additional Apartment

Taxes 21348.0

Cap Rate 5.9

Exterior

Parking Features Assigned

Water Source Public

Total Parking 13.0

Lot Size Area 13682.0

Number of Buildings 2

Spa N

Building Area Total 4405.0

Lot Size Acres 0.3141

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 819

* Excluded Features

List By

Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$13,856

Per Month

Monthly Principal & Interest: $11,884
Monthly Property Taxes: $1,973
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$1,652,589

Percent of Sale Price 8%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$1,788,000	-10.51%	Price Down
4/18/2024	$1,998,000		Listed Price

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819 Cypress Avenue, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $1,788,000 with 4,405 sqft and a lot size of 0.3141. 819 Cypress Avenue has 9 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 92701 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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819 Cypress Avenue

Multi-Family Home for sale in Santa Ana, CA

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