NOT LISTED FOR SALE

8632 La Salle St Cypress, CA 90630

Cypress Area
7 Beds
4 Baths
3,340 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: May 30, 2023

Last sale price $1,650,000 $494 Per Sq Ft

6 Days on Market

Highlights

  • Second Garage
  • Open Floorplan
  • Wood Flooring
  • Clara J. King Elementary School Rated A-
  • Property is near park
  • Main Floor Primary Bedroom

About This Home

As of May 2023

Beautiful location, this is a Great opportunity for either an investor/Non-profit or a Family home with Income generating units on site. 10,000 Sqft lot. This is a good area that properties like this, do not go on sale often!!! The front House, 3 bedrooms, 2 bathrooms, spacious living room with fireplace, washer and dryer inside, Open inviting kitchen, Nice size large bedrooms with large closets, includes a master bedroom, Forced Air/ Heater and A/C.
2nd & 3rd unit Approximately 1000 Sqft, Market rent is $2600.00. Each unit has a private garage as well as a second parking space on site. The 2 rental unis have a dedicated laundry use with separate up and down private entry.

Please submit Proof of funds and Lender approval with your offers.

Last Agent to Sell the Property

Frank Lynch

First Team Real Estate License #01391760 Listed on: 04/24/2023

First Team Real Estate

Last Buyer's Agent

Lana Brown

CK Realty License #01951436

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Front Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Second Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Bungalow
  • Entry on the 2nd floor
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Raised Hearth
  • Gas Fireplace
  • Panel Doors
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Location

  • Property is near park
  • Suburban Location

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 25 / F
  • Tax Tract Number 527
  • Assessor Parcel Number 26232323
  • $758 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Cypress Village Gardens Subdivision

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $1,200
  • Insurance Expense $4,500
  • Trash Expense $250
  • Water Sewer Expense $6,000
  • Operating Expense $11,650
  • Gross Income $94,996
  • Net Operating Income $94,996

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

10,019 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Cypress Village Gardens (CYGR)
  • View: No
  • Water Sewer Expenses: 6000.00
  • Zoning: R3
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 26232323
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas, Raised Hearth
  • Levels: Two
  • Price Per Square Foot: 494.01
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Foundation: Concrete Perimeter
  • Other Structures: Second Garage
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Ducts Professionally Air-Sealed, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Vented Exhaust Fan
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Standard
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Green Features

  • Efficiency: HVAC, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Park Nearby, Paved, Sprinklers In Front
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300
  • Latitude Manual: 33.83696200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 180 Square Feet
  • Average2 Bed Area: 180 Square Feet
  • Average Studio Area: 1100 Square Feet
  • Electric Expense: 3000.00
  • Fuel Expense: 1200.00
  • Gross Income: 94996.00
  • Gross Operating Income: 110400.00
  • Gross Scheduled Income: 110400.00
  • Insurance Expense: 4500.00
  • Lot Size Area: 10019.0000 Square Feet
  • Maintenance Percent: 2.00
  • Net Operating Income: 94996.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15404.00
  • Rent Control: No
  • Total Expenses: 11650.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 1101.11
  • Tax Lot: 25
  • Tax Tract Number: 527
  • TaxOtherAnnualAssessmentAmount: 758.00

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
Dec 20, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2023
Sold by
Bought by

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 10, 2023
Sold by
Bought by
Seller's Agent
Frank Lynch
First Team Real Estate
Buyer's Agent
Lana Brown
CK Realty
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Views
94

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 5, 2023
Sold by
Bought by
Seller's Agent
Frank Lynch
First Team Real Estate
Buyer's Agent
Lana Brown
CK Realty
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Views
94

Purchase Details

Listed on
Apr 24, 2023
Closed on
Apr 18, 2023
Sold by
Bought by
Seller's Agent
Frank Lynch
First Team Real Estate
Buyer's Agent
Lana Brown
CK Realty
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Views
94

Purchase Details

Closed on
Aug 7, 2020
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
$733,298
Interest Rate
0.028%
Mortgage Type
VA

Purchase Details

Closed on
Aug 2, 2020
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
$733,298
Interest Rate
0.028%
Mortgage Type
VA

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2005
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
$717,500
Interest Rate
0.0521%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 2003
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
$285,000
Interest Rate
0.0596%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 5, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2001
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
$99,999
Interest Rate
0.0662%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 1993
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
-- None Listed On Document
-- Western Resources
$1,650,000 Western Resources
-- None Listed On Document
-- Pacific Coast Title Company
-- Pacific Coast Title
-- None Available
$1,025,000 California Title
-- Lawyers Title Company
-- --
-- --
-- First American Title Co
-- First American Title Co
-- --
$265,000 United Title Company
-- --
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 $733,298
Previous Owner $733,298
Previous Owner $712,770
Previous Owner $755,000
Previous Owner $717,500
Previous Owner $285,000
Previous Owner $99,999
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
05/30/2023 05/30/23 Sold $1,650,000 -2.7% $494 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $1,695,000 -- $507 / 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 $19,084 $1,716,660 $1,404,540 $312,120
2024 $19,084 $1,683,000 $1,377,000 $306,000
2023 $15,581 $1,373,277 $1,082,720 $290,557
2022 $15,404 $1,346,350 $1,061,490 $284,860
2021 $12,857 $1,100,000 $840,000 $260,000
2020 $11,969 $1,020,000 $765,785 $254,215
2019 $11,632 $1,000,000 $750,769 $249,231
2018 $10,787 $918,000 $668,769 $249,231
2017 $10,418 $900,000 $655,655 $244,345
2016 $9,002 $761,437 $517,092 $244,345
2015 $8,935 $750,000 $509,325 $240,675
2014 $8,621 $750,000 $509,325 $240,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23064625

California Regional Multiple Listing Service (CRMLS)

APN: 262-323-23

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