James Olvera
eXp of Greater Los Angeles
(909) 487-1514
39 Total Sales
1 in Orange
$130,000 Price
619 S Cypress St Orange, CA 92866
Orange Area
7
Beds
6
Baths
5,078
Sq Ft
8,050
Sq Ft Lot
Highlights
- Lawn
- Landscaped
- Rectangular Lot
- No HOA
- Laundry Facilities
- Wood Siding
About This Home
As of May 2015The Cypress Street Apartments located in the city of Orange is in an excellent area with easy access to nearby elementary schools, restaurants, and parks. It is also a five minute drive from the St. Joseph Hospital and right by the 22 Garden Grove Freeway. Investors are receiving a rare opportunity to own a great and consistent income producing property in a prime location.
Built in 1966, the Cypress Street Apartments contains 4 large units on an 8,050 square foot lot. The building has a pitched ceramic tile roof with an on-site laundry facility for the tenants. There are four one-car garages available, so the apartments contain an excellent parking ratio of one to one. The property is very well maintained with recent exterior paint, and beautiful landscaping that brings great curb appeal. The Cypress Street apartments have a 100% occupancy rate and feature a great unit mix.
The Cypress Street Apartments is a stable income-producing property and a great long-term investment. It is located in a desirable, non-rent controlled area, has an excellent unit mix, and 1,200+ square foot units. This property offers growth and stability for any type of investor whether it may be a first-time purchase or 1031 exchange opportunity.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 8,050 Sq Ft Lot
- Property fronts a highway
- Property fronts an alley
- Two or More Common Walls
- Landscaped
- Rectangular Lot
- Paved or Partially Paved Lot
- Lawn
- Front Yard
- Density is 21-25 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Assigned Parking
Home Design
- 5,078 Sq Ft Home
- Property Attached
- Composition Roof
- Wood Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 6
- Tax Tract Number 70
- Assessor Parcel Number 39063206
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $660
- Gardener Expense $960
- Insurance Expense $800
- Maintenance Expense $4,435
- Professional Management Expense $2,957
- Trash Expense $470
- Water Sewer Expense $1,380
- New Taxes Expense $12,783
- Gross Income $6,350
- Net Operating Income $49,121
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Orange, CA
-
James Olvera
-
Lawrence Renteria
Lawrence Renteria
Re/Max Top Producers
(909) 378-9971
31 Total Sales
1 in Orange
$1,210,000 Price
-
Ernie Lim
Ernie Lim
Joshua 2415 Realty
(657) 220-6976
30 Total Sales
1 in Orange
$3,300,000 Price
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
79 Total Sales
3 in Orange
$500K - $1.3M Price Range
-
Sebastian Street
Sebastian Street
Responds Quicklyehomes
(626) 900-1347
20 Total Sales
1 in Orange
$490,000 Price
-
Nancy Huang
Nancy Huang
Responds QuicklyColdwell Banker Envision
(657) 325-2135
44 Total Sales
2 in Orange
$1M - $1.3M Price Range
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 | ||
| Do Stephanie Anh Hang | -- | None Available | |
| Do Minh Canh | $1,150,000 | First American Title Company | |
| Chou Benjamin | $1,080,000 | North American Title Company | |
| Noteboom John | -- | None Available | |
| Noteboom John M | $1,108,000 | First American Title Co | |
| Wolkowicz John A | $455,000 | Chicago Title Co | |
| Millen Jacqueline M | -- | -- |
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 | $730,000 | ||
| Previous Owner | Chou Benjamin | $801,000 | |
| Previous Owner | Noteboom John M | $886,400 | |
| Previous Owner | Wolkowicz John A | $747,500 | |
| Previous Owner | Wolkowicz John A | $172,500 | |
| Previous Owner | Wolkowicz John A | $595,000 | |
| Previous Owner | Wolkowicz John A | $430,000 | |
| Previous Owner | Wolkowicz John A | $397,500 | |
| Previous Owner | Wolkowicz John A | $19,000 | |
| Previous Owner | Wolkowicz John A | $364,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2015 05/28/15 | Sold | $1,150,000 | 0.0% | $226 / Sq Ft | |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- | |
| 04/01/2015 04/01/15 | For Sale | $1,150,000 | +7.1% | $226 / Sq Ft | |
| 04/16/2014 04/16/14 | Sold | $1,074,000 | -6.6% | $211 / Sq Ft | View Prior Sale |
| 03/31/2014 03/31/14 | For Sale | $1,150,000 | -- | $225 / Sq Ft | |
| 02/25/2014 02/25/14 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2026 | $17,973 | $1,623,648 | $1,437,050 | $186,598 |
| 2025 | $17,973 | $1,591,812 | $1,408,872 | $182,940 |
| 2024 | $17,576 | $1,560,600 | $1,381,247 | $179,353 |
| 2023 | $17,186 | $1,530,000 | $1,354,163 | $175,837 |
| 2022 | $16,852 | $1,500,000 | $1,327,610 | $172,390 |
| 2021 | $14,357 | $1,276,869 | $1,097,910 | $178,959 |
| 2020 | $14,224 | $1,263,777 | $1,086,653 | $177,124 |
| 2019 | $14,048 | $1,238,998 | $1,065,347 | $173,651 |
| 2018 | $13,835 | $1,214,704 | $1,044,457 | $170,247 |
| 2017 | $13,267 | $1,190,887 | $1,023,978 | $166,909 |
| 2016 | $13,013 | $1,167,537 | $1,003,900 | $163,637 |
| 2015 | $12,259 | $1,095,458 | $931,058 | $164,400 |
| 2014 | $11,126 | $989,471 | $788,305 | $201,166 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Chen
Seller's Agent in 2015
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
66 Total Sales
-
TB
Seller's Agent in 2014
Trisha Barry
NextHome Pacific Estates
-
Ann Urias
Buyer's Agent in 2014
Ann Urias
Aston Group
(714) 460-5526
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV15067974
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.
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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