819 Cypress Avenue, Santa Ana, CA 92701

$1,788,000
List Price
$1,788,000
Price Change
▼ $210,000 1715151799
MLS#
PW24077385
Status
ACTIVE
Type
Multifamily

Property Description

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.

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Calculator source: Real Geeks

Courtesy of Morgan Skenderian, Rick Applebaum.