1021 Cypress Avenue
Santa Ana, CA 92701
0.14 acres | #LG24127902
Description
Current Cap Rate can potentially increase to 5.42 % if existing rental amounts are adjusted to market rates.
***Front Unit:
Two bedrooms, one bath.
Newer windows and tile flooring.
Updated kitchen.
Small private front yard.
Bonus room added to the back of the front house.
Shared driveway easement with neighbors.
***Back Unit:
Two bedrooms, one bath.
Private yard space and parking.
Both units are permitted by the city of Santa Ana
***Architectural plans for a THIRD UNIT have been submitted to the City of Santa Ana and is in the process to obtain FINAL APPROVAL.
Property Details
- Subdivision, Not Applicable.
- Lot DescriptionItem01UnitAcre
- Property TypeMulti-Family
- Sewer InformationSewerTapPaid
- Original List Price$1,050,000
- MLS #LG24127902
- MLS #LG24127902
- Cost1150000
- Acres0.1397
- Utility SourcePublic
- CountyOrange
- Property SubtypeDuplex
- Year Built1917
- Stories1
- Parking Spaces3
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Marco Marquina-Diaz (#LGMARQMAR)
Listing Office: DOUGLAS ELLIMAN OF CALIFORNIA, INC. (#LGTLN)
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