NOT LISTED FOR SALE

6032 Lime Ave Cypress, CA 90630

9 Beds
4 Baths
3,752 Sq Ft
6,970 Sq Ft Lot

Last Sold December 22, 2016

Last sale price $1,050,000 $280 Per Sq Ft

197 Days on Market

Highlights

  • Property is near a park
  • Lawn
  • Balcony
  • Lexington Junior High School Rated A-
  • No HOA
  • Built-In Features

About This Home

As of December 2016

Great Investment Opportunity! All calculations are using pro forma numbers. Rents are well below market!
Walk to Cypress Junior College, Cypress High School, shopping Restaurants and more!
Well maintained 4plex with one large 3 bedroom 1 bath single story, and three large 2 Bedroom 1 bath units. All apartments have large kitchens, dining rooms, living rooms and bedrooms.
No gas. HOA of $150/mo pays trash and park maintenance.

Last Agent to Sell the Property

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670 Listed on: 09/01/2016

Team Chamberlain Realty Exe.

Last Buyer's Agent

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670 Listed on: 09/01/2016

Team Chamberlain Realty Exe.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Flag Lot
  • Lawn
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,752 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4197
  • Assessor Parcel Number 13414311

Community Details

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $4,000
  • Gardener Expense $500
  • Insurance Expense $2,822
  • Maintenance Expense $1,000
  • Other Expense $1,800
  • Supplies Expense $300
  • Water Sewer Expense $1,800
  • New Taxes Expense $13,689
  • Gross Income $6,300
  • Net Operating Income $43,258

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Supplies Expense: 300.00
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 500.00
  • Parcel Number: 13414311
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 279.85

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Lawn, Flag Lot, Lot 6500-9999, Paved, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 6970.00
  • Price Per Lot Square Foot: 157.10

Multi Family

  • Electric Expense: 4000.00
  • Gross Income: 6300.00
  • Gross Multiplier: 15.30
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 2822.00
  • Laundry Equipment Own Lease: Lease
  • Maintenance Expense: 1000.00
  • Net Operating Income: 43258.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 26000.00
  • Other Expense: 1800.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Vacancy Allowance: 3

Tax Info

  • New Taxes Expense: 13689.00
  • Tax Lot: 19
  • Tax Tract Number: 4197

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
12/22/2016 12/22/16 Sold $1,050,000 -4.1% $280 / Sq Ft
04/23/2016 04/23/16 For Sale $1,095,000 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Chamberlain

    Seller's Agent in 2016

    Dave Chamberlain

    Realty Executives

    (714) 875-5336

    36 in this area

    155 Total Sales

    Dave Chamberlain
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16085474

California Regional Multiple Listing Service (CRMLS)

APN: 134-143-11

California Orange County Cypress 90630

6032 Lime Ave, Cypress, CA

This home is located at 6032 Lime Ave, Cypress, CA 90630 since 01 September 2016. This property was built in 1964. 6032 Lime Ave is a home located in Orange County with nearby schools including San Marino Elementary School, Lexington Junior High School, and Cypress 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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