NOT LISTED FOR SALE

9091 Watson St Cypress, CA 90630

Cypress Area

Estimated Value: $942,000 - $1,021,000

4 Beds
2 Baths
1,706 Sq Ft
$580/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2018

Last sale price $690,000 $404 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,236 / mo

201 Days on Market

Highlights

  • Private Yard
  • Living Room
  • Rectangular Lot
  • Clara J. King Elementary School Rated A-
  • East Facing Home
  • 1-Story Property

About This Home

As of October 2018

This property includes 2 homes - each with 2 bedrooms and 1 baths; and interior laundry hookups. This property also includes the open lot on the north side of the property. North Home has been upgraded with New Interior Paint and Brand New Carpet in the bedrooms. North Unit ready to show beginning August 10, 2018. South Unit is ready to show beginning September 1, 2018. Brand New Vinyl Plank Flooring throughout South Unit. Fresh interior Paint throughout. These homes are estimated to lease at $1,900 per month for each home.

Last Agent to Sell the Property

Cary Hairabedian

College Park Realty License #00876519 Listed on: 03/02/2018

College Park Realty

Last Buyer's Agent

Vicky Chiang

Fanny Ho, Broker License #00993715

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Rectangular Lot
  • Level Lot
  • Private Yard

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry in Kitchen

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway Level
  • Paved Parking

Listing and Financial Details

  • Tax Lot 542
  • Tax Tract Number 34
  • Assessor Parcel Number 24446313

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • New Taxes Expense $7,975
  • Operating Expense $9,100
  • Gross Income $45,600
  • Net Operating Income $36,725

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

7,405 Sq Ft Lot

Listing Details

  • CapRate: 5.90
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 24446313
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 404.45
  • Room Type: Living Room

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Oven, Gas Range
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 7405.00

Multi Family

  • Gross Income: 45600.00
  • Gross Multiplier: 15.90
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 900.00
  • Net Operating Income: 36725.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 8875.00
  • Rent Control: No
  • Total Expenses: 9100.00

Tax Info

  • New Taxes Expense: 7975.00
  • Tax Census Tract: 1101.04
  • Tax Lot: 542
  • Tax Tract Number: 34

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
10/15/2018 10/15/18 Sold $690,000 -4.8% $404 / Sq Ft
08/10/2018 08/10/18 For Sale $725,000 +5.1% $425 / Sq Ft
07/27/2018 07/27/18 Off Market $690,000 -- --
06/29/2018 06/29/18 Price Changed $725,000 -3.3% $425 / Sq Ft
03/02/2018 03/02/18 For Sale $750,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18040136

California Regional Multiple Listing Service (CRMLS)

APN: 244-463-13

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