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819 Cypress Ave
Santa Ana, CA 92701 Santa Ana

$1,700,000 USD

Apartments For Sale  •  4,405 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,405 SF
  • Lot Size 0.31 AC
  • Building Class C
  • Year Built 1973
  • Cap Rate 6.22 %
  • Zoning R2
48 Transit Score
81 Walk Score

Highlights

Sought After Rental Location, Surrounded by Single-Family Homes
Well Designed 1 & 3-Bedroom Units Including Single-Story Cottages
5 of 7 Interiors Renovated, Partial New Roof & Windows
Over 2:1 Parking Ratio
1973 Construction

Financial Summary (Actual)

Net Operating Income: $105,718 USD (2023)
Cap Rate: 6.22 %
Total Expenses: $44,518 USD

Amenities

  • Balcony
  • Laundry Facilities
  • Kitchen
  • Tub/Shower
  • Patio

Public Transportation

Commuter RailDriveWalkDistance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.7 mi
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.2 mi
AirportDriveWalkDistance
John Wayne/Orange County 10 min - 4.9 mi
Long Beach (Daugherty Field) 30 min - 22.3 mi
Ontario International 47 min - 36.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Rick Applebaum 949-500-5099 Morgan-Skenderian Investment Real Estate Group
Rick Applebaum 949-500-5099 Morgan-Skenderian Investment Real Estate Group