$1,250,000
$1,195,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
222 Cypress Avenue Santa Ana, CA 92701
7 Beds
4 Baths
7,505 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21225300
Bedrooms 7
Lot Size 7,505 Sqft
Property Description
Three Unit Multi-Family Community located in Santa Ana. This property offers a unit mix consisting of one five-bedroom/ two-bathroom house, one Remodeled Two-bedroom/ one-bathroom unit, and one Remodeled Studio unit - all units consist a total of 2,614 livable square feet, on a 7,500 square foot lot with separate electric and gas meters for each unit. The subject property features tenant amenities such as: a large yard, on-site parking, washer/dryer hookups, and patios. Located in close proximity to the vibrant Downtown area and the Santa Ana Civic Center, providing immediate access to the 5 Freeway. This is a rare opportunity for an investor to acquire a 6.17% Cap Rate for a Stable Investment property in the solid rental market of Santa Ana, California.
Three Unit Multi-Family Community located in Santa Ana. This property offers a unit mix consisting of one five-bedroom/ two-bathroom house, one Remodeled Two-bedroom/ one-bathroom unit, and one Remodeled Studio unit - all units consist a total of 2,614 livable square feet, on a 7,500 square foot lot with separate electric and gas meters for each unit. The subject property features tenant amenities such as: a large yard, on-site parking, washer/dryer hookups, and patios. Located in close proximity to the vibrant Downtown area and the Santa Ana Civic Center, providing immediate access to the 5 Freeway. This is a rare opportunity for an investor to acquire a 6.17% Cap Rate for a Stable Investment property in the solid rental market of Santa Ana, California.
Location
State CA
County Orange
Area Oc - Santa Ana (92701)
Zoning Assessor
Building
Lot Description Corner Lot, Curbs, Sidewalks
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $3,700
Listing Terms Cash, Conventional, Exchange
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Bought with Ericka McAbee • Compass