Listing ID: OC21239778
Price: $1,568,000
Price/SqFt: $392.00
Status: Active
Address: 210 E Cypress Street
City: Anaheim
State: California
Postal Code: 92805
SqFt: 4,000
Acres: 0.172
County: Orange
Subdivision: Other (OTHR)
Anaheim
CA
92805
This unique, historical multifamily asset sits directly across the street from lovely George Washington Park, on a tree-lined street. It is composed of a single-family home built in the 1920s. Decades later, 4 additional units were added to the property and have been grandfathered in. Upgrades include a brand-new roof on the apartment building, new cleanouts throughout, a recent plumbing changeout from the old cast iron, newer sewer, gas, and water lines, and updated hardscape. 6 parking spaces are provided. Each unit has its own electric meter, there is 1 owner electric meter for exterior lighting, 1 gas meter, and 1 water meter. Easily accessible to everything, walking distance to Pearson Park & Amphitheatre, community events, recreation, Library, Farmer’s Market, five minutes to Disneyland, Downtown Anaheim, Anaheim Packing District, Honda Center, Anaheim Angels Stadium, Cal State Fullerton, Fullerton College, Knott's Berry Farm, and many popular shopping malls as well as easy access to 5, 91, 57, 22 and 55 freeways.

Primary Features

County: Orange
Price/SqFt: 392
Property Sub Type: Apartment
Property Type: Residential Income
Subdivision: Other (OTHR)
Year Built: 1958

Interior

Appliances: yes
Appliances: Gas Cooktop
Average 1 Bed Area: 500
Average 1 Bed Area Units: Square Feet
Average Studio Area: 425
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: No Common Walls
Flooring: Carpet, Tile
Heating: yes
Heating Type: Wall Furnace
Interior Features: Beamed Ceilings, Ceiling Fan(s), Open Floorplan
Laundry: yes
Laundry Features: Common Area
Levels: Two
Room Type: Living Room
Spa: no
Spa Features: None
Stories Total: 2

External

Architectural Style: Bungalow
Construction Materials: Stucco
Fence: yes
Fencing: Wood, Wrought Iron
Lot Features: Corner Lot, Front Yard, Landscaped, Lawn, Park Nearby, Yard
Lot Size Area: 7471
Lot Size Source: Estimated
Lot Size Square Feet: 7471
Number Of Buildings: 2
Parking Total: 6
Pool Features: None
Private Pool: no
Property Attached: no
Road Frontage Type: City Street
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Uncovered Spaces: 6
View: yes
View Type: Park/Greenbelt
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 78 - Anaheim East of Harbor
Subdivision Name Other: other

Additional

Assessments: Sewer Bonds
Association: no
Community Features: Curbs, Park, Sidewalks
Days On Market: 13
List Agent State License: 01850869
List Office State License: 01200533
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 6
Number Of Separate Gas Meters: 1
Number Of Separate Water Meters: 1
Number Of Units Total: 5
Parcel Number: 25507212
Senior Community: no
Year Built Source: Assessor

Financial

Cable Tv Expense: 960
Cap Rate: 4.6
Electric Expense: 6229
Gardener Expense: 1200
Gross Multiplier: 16.8
Gross Operating Income: 90210
Gross Scheduled Income: 93000
Insurance Expense: 1052
Land Lease: no
Maintenance Expense: 1431
Net Operating Income: 72191
Operating Expense: 20809
Other Expense: 1608
Other Expense Description: Gas Co
Price Per Unit: 313600
Rent Control: no
Special Listing Conditions: Standard
Supplies Expense: 72
Tax Lot: 6
Tax Tract Number: 756
Tenant Pays: Electricity
Total Expenses: 12552
Vacancy Allowance: 2790
Vacancy Allowance Rate: 3

Zoning Info


Area Info


© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Last updated Sunday, November 28th, 2021.

Based on information from CARETS as of Sunday, November 28th, 2021 01:06:01 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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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Listing courtesy of Jordan Bennett, DRE #01850869 from Regency Real Estate Brokers 949-707-4400

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