NOT LISTED FOR SALE

8631 Moody St Cypress, CA 90630

9 Beds
8 Baths
4,545 Sq Ft
10,001 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $1,550,000 $341 Per Sq Ft

15 Days on Market

Highlights

  • 6 Car Attached Garage
  • Tile Flooring
  • Central Heating and Cooling System
  • Clara J. King Elementary School Rated A-

About This Home

As of June 2017

Rare Owner Opportunity and Investor Gem! Cypress Palms is a townhome style Quad-plex located in highly desirable rental market of Cypress. Across the street from Clara J King Elem. Spacious two-story units feature Soaring 20ft vaulted ceilings, large living rooms, central HVAC, and laundry inside. Two units recently remodeled; all units are in clean condition. Fully occupied with long-term tenants. 25% upside in current rents. Separately metered for electricity and gas. Potential Condo Conversion- units are already approved. New 50-year composite shingle roof installed 2011. Easy access to the 5,91,405 and 605 freeways. No rent control.

Last Agent to Sell the Property

James Campbell

James Colin Campbell License #01817777 Listed on: 05/16/2017

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 10,001

Parking

  • 6 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,545 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Additional Features

  • 10,001 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 262-323-26

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Complex Name: Cypress Palms
  • Exclusions: Fridges, Washer/Dryers
  • Living Area: 4545
  • Stories: 2
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Bedrooms: 9
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Recirculated Exhaust Fan
  • Price Per S Q F T: 341.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Asphalt
  • View: No

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 2
  • Covered Parking: 6
  • Parking Garage: Driveway - Concrete, Garage Is Attached
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Electric Expense: 30.00
  • Heating: Central
  • Water Expense: 325.00

Lot Info

  • Assessed Improvement Value: 396637
  • Assessed Land Value: 268352
  • Assessor Parcel Number: 262-323-26
  • Geocode Override: No
  • Lot Size Area: 10001

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.70
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: Townhouse

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $1,550,000 0.0% $341 / Sq Ft
05/16/2017 05/16/17 For Sale $1,550,000 -- $341 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $20,224 $1,798,906 $1,276,646 $522,260
2024 $20,224 $1,763,634 $1,251,614 $512,020
2023 $19,765 $1,729,053 $1,227,072 $501,981
2022 $19,541 $1,695,150 $1,203,011 $492,139
2021 $19,287 $1,661,912 $1,179,422 $482,490
2020 $19,210 $1,644,872 $1,167,329 $477,543
2019 $18,666 $1,612,620 $1,144,440 $468,180
2018 $18,417 $1,581,000 $1,122,000 $459,000
2017 $8,431 $688,632 $277,894 $410,738
2016 $8,359 $675,130 $272,445 $402,685
2015 $8,296 $664,989 $268,352 $396,637
2014 $7,870 $651,963 $263,095 $388,868
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Campbell

    James Colin Campbell

    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 17-231904

The MLS

APN: 262-323-26

California Orange County Cypress 90630

8631 Moody St, Cypress, CA

Not Listed for Sale

MultiFamily

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