1021 Cypress Avenue

Santa Ana, CA 92701

PRICE INCREASE

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+$100,000 (+9.52%)

$1,150,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1917

calendar_month Built

Property Description

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.

Listing Information

List Price $1,150,000
Status Active
MLS LG24127902
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1917
Lot Size 6,085
Structure Size N/A
DOM 53
Courtesy Of DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Listing Agent Marco Marquina-Diaz DRE#01774805

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Marco Marquina-Diaz, DOUGLAS ELLIMAN OF CALIFORNIA, INC. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 1:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.