NOT LISTED FOR SALE

448 N Cypress St Orange, CA 92866

5 Beds
3 Baths
2,627 Sq Ft
436 Sq Ft Lot

Last Sold August 07, 2013

Last sale price $725,000 $276 Per Sq Ft

15 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • Galley Kitchen
  • Baseboard Heating

About This Home

As of August 2013

Great investment opportunity! This triplex, in the area of Chapman University, is fully rented to long time lessees. All the units have had windows replaced in the past 5 years, some of the units have newer kitchen cabinets and linoleum or tile. Each have their own garage space attached to the exterior of the first unit. In addition, all the units have a sizable yard. This triplex sits on a large lot with one empty space to potentially build an additional unit.

Last Agent to Sell the Property

Shelly Jackier

CENTURY 21 Affiliated License #01448995 Listed on: 06/04/2013

Last Buyer's Agent

Shelly Jackier

CENTURY 21 Affiliated License #01448995 Listed on: 06/04/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 436 Sq Ft Lot
  • Two or More Common Walls
  • Wooded Lot
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Front Facing Garage
  • Shared Driveway
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,627 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Panel Doors
  • Entryway

Kitchen

  • Galley Kitchen
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, repairs
  • Legal Lot and Block 5 / B
  • Tax Tract Number 289
  • Assessor Parcel Number 03914113

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Built by Geo H Pirie

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,300
  • Trash Expense $660
  • Water Sewer Expense $1,376
  • New Taxes Expense $6,280
  • Gross Income $2,950
  • Net Operating Income $1,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Santiago Ranchos (SANR)
  • View: No
  • Water Sewer Expenses: 1376.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 03914113
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 275.98
  • Room Type: All Bedrooms Down, Entry, Galley Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Insulated Windows

Exterior Features

  • Foundation: Slab
  • Builder Name: Geo H Pirie
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Concrete, Garage Faces Front, Garage, Private, Shared Driveway
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Baseboard
  • Laundry Features: Outside
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Treed Lot
  • Lot Size Sq Ft: 436.00
  • Lot Size Acres: 0.0100

Rental Info

  • Tenant Pays: Electricity, Gas, Repairs

Multi Family

  • Average1 Bed Area: 975
  • Average2 Bed Area: 975
  • Average3 Bed Area: 677
  • Gross Income: 2950.00
  • Gross Scheduled Income: 34700.00
  • Insurance Expense: 4300.00
  • Lot Size Area: 436.0000 Square Feet
  • Net Operating Income: 1411.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Operating Expense: 33289.00
  • Rent Control: No
  • Total Actual Rent: 2950.00

Tax Info

  • New Taxes Expense: 6280.00
  • Tax Area: 08178
  • Tax Block: B
  • Tax Lot: 5
  • Tax Rate: 1.03
  • Tax Tract Number: 289
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $725,000 -3.3% $276 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $750,000 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Shelly Jackier

    CENTURY 21 Affiliated

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13118254

California Regional Multiple Listing Service (CRMLS)

APN: 039-141-13

California Orange County Orange 92866

448 N Cypress St, Orange, CA

This home is located at 448 N Cypress St, Orange, CA 92866 since 04 June 2013. This property was built in 1954. 448 N Cypress St is a home located in Orange County with nearby schools including Cambridge Elementary School, Portola Middle School, and Orange High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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