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.
***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
Price:
$1,150,000
MLS #:
LG24127902
Status:
Active
Baths:
0
Address:
1021 Cypress Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
69santaanasouthoffirst
City:
Santa Ana
Listed Date:
Jun 20, 2024
State:
CA
ZIP:
92701
Lot Size:
6,085 sqft / 0.14 acres (approx)
Year Built:
1917
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Street Lights, Suburban
Garage Spaces
3.00
Lot Features
0-1 Unit/ Acre
Parking Spots
3.00
Pool Features
None
Sewer
Sewer Paid
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1021 Cypress Avenue Santa Ana CA
- Area69 – Santa Ana South of First
- CitySanta Ana
- CountyOrange
- Zip Code92701
Similar Listings Nearby
- 625 S Broadway Street
Santa Ana, CA$1,449,999
0.31 miles away
- 314 Pacific Street
Tustin, CA$1,399,000
2.14 miles away
- 606 E Walnut Street
Santa Ana, CA$1,375,000
0.70 miles away
- 1833 E Stearns Avenue
Orange, CA$1,349,900
3.26 miles away
- 482 N Oak Street
Orange, CA$1,275,000
4.49 miles away
- 833 E La Veta Ave
Orange, CA$1,225,000
3.38 miles away
- 231 S Park Lane
Orange, CA$1,225,000
3.99 miles away
- 2217 Ponderosa Street
Santa Ana, CA$1,199,000
2.84 miles away
- 2209 Ponderosa Street
Santa Ana, CA$1,180,000
2.83 miles away
- 2529 S Rosewood Avenue
Santa Ana, CA$1,170,000
1.89 miles away
Courtesy of DOUGLAS ELLIMAN OF CALIFORNIA, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1021 Cypress Avenue
Santa Ana, CA
LIGHTBOX-IMAGES