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819 Cypress Ave
Santa Ana, CA 92701
Multifamily Property For Sale · 6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,405 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.72/1,000 SF |
| Lot Size | 0.31 AC |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 4,405 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.72/1,000 SF |
Unit Amenities
- Balcony
- Kitchen
- Tub/Shower
- Patio
Site Amenities
- Laundry Facilities
About 819 Cypress Ave , Santa Ana, CA 92701
We are pleased to offer 819 S. Cypress Avenue. The city of Santa Ana is consistently known for its exceptionally strong rental market with renters making 55% of its residents. Additionally, 819 Cypress Avenue is located in an Opportunity Zone, allowing a new buyer to be eligible for preferential tax treatment. The city itself is undergoing a major revitalization, bringing new a life and vibrancy to the city. Situated on a tree-lined residential street, 819 Cypress Avenue offers tenants a quiet place to live. The property consists of (2) single story, cottage style units (a 2 and a 3 bedroom) that both include front and back yards and (4) 1BR/1BA units. There is a total of 12 parking spaces (6 carports and 6 open spaces) giving this building a 2:1 parking ratio which is extremely advantageous and appealing to renters. The building is very well maintained and recent capital improvements include new roofs, asphalt, hardscaping, fences and exterior paint. Several of the units have received new interior carpeting as well. Located just south of downtown on a quiet, residential street further appeals to renters and the property typically sees very long-term stays. This is a great investment for someone looking to create cash flow immediately without the need for an influx of additional capital to make improvements.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,425 | 600 - 700 |
| 2+1 | 1 | $1,650 | 750 |
| 3+1 | 1 | $1,900 | 1,300 |
PROPERTY TAXES
| Parcel Number | 011-052-01 | Improvements Assessment | $218,727 |
| Land Assessment | $1,629,533 | Total Assessment | $1,848,260 |
PROPERTY TAXES
zoning
| Zoning Code | R2 |
| R2 |
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