NOT LISTED FOR SALE

455 N Cypress St Unit A/B Orange, CA 92866

Orange Area
5 Beds
5 Baths
2,602 Sq Ft
6,600 Sq Ft Lot

Sale Details

Date Sold: September 22, 2017

Last sale price $1,200,000 $461 Per Sq Ft

76 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Property is near public transit
  • Double Pane Windows
  • Craftsman Architecture
  • No HOA
  • Tankless Water Heater

About This Home

As of September 2017

Newly completed one story duplex in the heart of Old Towne Orange. Bright and spacious interior with stacked washer/dryer in each unit and attached two door garage with one parking space per unit. Both units have modern kitchens with updated appliances. Unit A is a 3 bed/3 bath (1,230 sq ft) with enclosed private patio and unit B is a 2 bed/2 bath (966 sq ft). Walking distance to Chapman University, local shops and restaurants, and convenient access to freeways and public transportation.

Last Agent to Sell the Property

David Arnold

David Arnold, Broker License #01242278 Listed on: 06/06/2017

Last Buyer's Agent

Beth burger

Seven Gables Real Estate License #01869927

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • No Common Walls
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Shared Driveway

Home Design

  • Duplex
  • Craftsman Architecture
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,602 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Doors
  • Concrete Flooring
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 18 / A
  • Tax Tract Number 289
  • Assessor Parcel Number 03914206

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $420
  • Water Sewer Expense $420
  • New Taxes Expense $9,647
  • Operating Expense $12,887
  • Gross Income $75,900
  • Net Operating Income $61,116

Property Details

Home Type

Multi-Family

Year Built

Built in 2017 | Newly Remodeled

Lot Details

6,600 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Wired for Alarm System
  • Water Sewer Expenses: 420.00
  • Architectural Style: Craftsman
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 03914206
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Levels: One
  • Price Per Square Foot: 461.18
  • Room Type: All Bedrooms Down, Kitchen, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Concrete Perimeter
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Shared Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size: 50x132
  • Lot Size Sq Ft: 6600.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 75900.00
  • Gross Multiplier: 17.11
  • Gross Scheduled Income: 75900.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 61116.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 12887.00
  • Rent Control: No
  • Total Actual Rent: 6325.00
  • Total Expenses: 12887.00
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 9647.00
  • Tax Block: A
  • Tax Census Tract: 759.01
  • Tax Lot: 18
  • Tax Tract Number: 289

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2026
Sold by
Bought by

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 22, 2017
Sold by
Bought by
Seller's Agent
David Arnold
David Arnold, Broker
Buyer's Agent
Beth burger
Seven Gables Real Estate
List Price
$1,249,999
Sold Price
$1,200,000
Premium/Discount to List
-$49,999
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
0.0362%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,530
Interest Rate
0.0388%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 31, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 9, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
0.0446%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,200,000 First American Title Co
-- First American Title Company
-- Accommodation
$275,000 Ticor Title Tustin Orange Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $735,615
Previous Owner $780,000
Previous Owner $401,530
Previous Owner $50,000
Previous Owner $346,500
Previous Owner $378,000
Previous Owner $500,000
Previous Owner $60,000
Previous Owner $27,500
Previous Owner $178,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $1,200,000 -4.0% $461 / Sq Ft
09/12/2017 09/12/17 For Sale $1,249,999 0.0% $480 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/15/2017 08/15/17 Price Changed $1,249,999 -3.8% $480 / Sq Ft
06/06/2017 06/06/17 For Sale $1,299,000 -- $499 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,746 $1,365,393 $980,380 $385,013
2024 $14,746 $1,338,621 $961,157 $377,464
2023 $14,423 $1,312,374 $942,311 $370,063
2022 $14,147 $1,286,642 $923,835 $362,807
2021 $13,747 $1,261,414 $905,720 $355,694
2020 $13,621 $1,248,480 $896,433 $352,047
2019 $13,447 $1,224,000 $878,855 $345,145
2018 $13,242 $1,200,000 $861,622 $338,378
2017 $6,601 $591,934 $265,504 $326,430
2016 $3,289 $284,771 $260,299 $24,472
2015 $3,241 $280,494 $256,389 $24,105
2014 $3,172 $275,000 $251,367 $23,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17127112

California Regional Multiple Listing Service (CRMLS)
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