609 S Cypress St | Orange, CA 92866
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- LoopNet Team
609 S Cypress St
Orange, CA 92866
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Covington-Style Fourplex on Corner Lot
- Invest & Occupy Opportunity
- Large Floor Plans (±1,269 SF)
- Upside Potential - In-Place Rents Are 33% Below Market
- Attractive Unit Mix Includes (3) Two-Bedroom Units & (1) Three-Bedroom Single-Story Unit
- Unit & Community Amenities Include On-Site Laundry Facility, (1) Garage Space/Unit, Private Balcony/Patio for Select Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 5,078 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.79/1,000 SF |
| Lot Size | 0.19 AC |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 5,078 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.79/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | $1,738 | 1,150 |
| 3+2 | 1 | $2,700 | 1,628 |
PROPERTY TAXES
| Parcel Number | 390-632-07 | Improvements Assessment | $200,210 |
| Land Assessment | $1,646,500 | Total Assessment | $1,846,710 |
PROPERTY TAXES
Parcel Number
390-632-07
Land Assessment
$1,646,500
Improvements Assessment
$200,210
Total Assessment
$1,846,710
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