Active

1021 Cypress Avenue

Santa Ana CA, 92701

$1,150,000


$808.15 per sqft

Active

1,423 sqft

Multi-family

Built in 1917

Listed by Marco Marquina-Diaz with DOUGLAS ELLIMAN OF CALIFORNIA, INC. 949-413-5779

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.

LG24127902

MLS ID

June 21, 2024

Listed

August 30, 2024

Updated

Map

1021 Cypress Avenue
Santa Ana CA, 92701

Interior Features

Total Stories

1


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

0-1 Unit/Acre


Sewer

Sewer Tap Paid

Other Property Details

Area Name

69 - Santa Ana South of First


Days on Market

53


Garage

Yes


Garage Spaces

3


Parking Total

3


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

6/25/2024

Price change

$1,150,000

9%

Listing Contact: 949-354-0450 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:34 PM UTC

 

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