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Sold for $1,150,000 · May 2015

SOLD
Sold

619 S Cypress Street, Orange, CA 92866

Orange, CA

MLS# CV15067974

5,078 Sq Ft • Property
17 days on market

Listing Agent

ERIC CHEN

Listing Agent

CB RICHARD ELLIS

DRE #: 01489184

Brokerage: CB RICHARD ELLIS

Property Details

N/A

Bedrooms

N/A

Bathrooms

5,078 sqft

Square Feet

1955

Year Built

8,050 sqft

Lot Size

$226

Price/Sq Ft

4

Garage Spaces

N/A

HOA

Property

Property Type

Description

The Cypress Street Apartments located in the city of Orange is in an excellent area with easy access to nearby elementary schools, restaurants, and parks. It is also a five minute drive from the St. Joseph Hospital and right by the 22 Garden Grove Freeway. Investors are receiving a rare opportunity to own a great and consistent income producing property in a prime location. 
 Built in 1966, the Cypress Street Apartments contains 4 large units on an 8,050 square foot lot. The building has a pitched ceramic tile roof with an on-site laundry facility for the tenants. There are four one-car garages available, so the apartments contain an excellent parking ratio of one to one. The property is very well maintained with recent exterior paint, and beautiful landscaping that brings great curb appeal. The Cypress Street apartments have a 100% occupancy rate and feature a great unit mix. 
 The Cypress Street Apartments is a stable income-producing property and a great long-term investment. It is located in a desirable, non-rent controlled area, has an excellent unit mix, and 1,200+ square foot units. This property offers growth and stability for any type of investor whether it may be a first-time purchase or 1031 exchange opportunity.

Listing description from the May 2015 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Cooling
WallWindowUnits
Heating
WallFurnace

Sale history for 619 S Cypress Street

2 recorded sales

$1,150,000
Sold May 2015 · on market April 2015, 17 days on market · MLS #CV15067974 · Source: CRMLS
Listing Agent: ERIC CHEN · Listing Office: CB RICHARD ELLIS · Contact: 909-418-2000 · Bought with: ERIC CHEN · CB RICHARD ELLIS
$1,074,000
Sold April 2014 · listed $1,150,000, on market March 2014, 3 days on market · MLS #PW14066620 · Source: CRMLS
Listing Agent: Trisha Barry · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: Ann Urias · Aston Group

How this sale compares

619 S Cypress Street sold for $1,150,000 in May 2015, at its full list price, after 17 days on the market. Across 47 closed sales in 92866 over the last 12 months, the median sold price is $1,125,000 and the median is $740 per square foot.

$740
92866 median per sq ft (12 mo)
$1,125,000
92866 median sold price (12 mo)
47
Closed sales in 92866 (12 mo)
17
Days on market
QuarterClosed sales in 92866Median sold price
Q1 20263$820,000
Q2 202617$1,220,000
Q3 202618$1,180,000
Q4 20269$930,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Orange · Homes for sale in 92866

Recent sales near 619 S Cypress Street

Closed sales reported in 92866, nearest first, last 12 months. All recent sales in Orange →

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