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1020 Cypress Street, Placentia, CA

$1,215,000 - $1.2M Price - 3,600 Sqft - .27 Acres - 45 DOM

We are pleased to present this nicely renovated four-unit multifamily property located in Placentia, California. The asset offers 100% townhome style two-bed / one and a half-bath units. The property is well maintained and 3 of 4 units have been fully renovated inside. There is ample garage and open parking available for tenants, which is a nice amenity in the densely populated city. There is a laundry room conveniently located on-site. The unit amenities comprise of new cabinets, new counter tops, new vanities, new paint, new fixtures, and new flooring. Each unit is individually metered for gas & electricity. This property is in a good central Placentia location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community with exceptional value-add upside in a premier location within the city. Given the strength of the overall apartment market within the city of Placentia, the property offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.

Essential Information

For 1020 Cypress Street, Placentia, CA
  • MLS® # OC19131131
  • Price $1,215,000
  • Bathrooms 0.00
  • Square Footage 3,600
  • Acres 0.27
  • Year Built 1964
  • Type Residential Income
  • Status Active Under Contract

Community Information

For 1020 Cypress Street, Placentia, CA
  • Address 1020 Cypress Street
  • Area Placentia (84)
  • Subdivision Granada Vista (GRNV)
  • City Placentia
  • County Orange
  • State CA
  • Zip Code 92870

Amenities

For 1020 Cypress Street, Placentia, CA
  • Parking Spaces 9
  • # of Garages 5

Interior

For 1020 Cypress Street, Placentia, CA
  • Heating Forced Air
  • # of Stories 2
  • Stories Two

Appliances

For 1020 Cypress Street, Placentia, CA

Garbage Disposal, Gas Oven, Gas Range, Range/Stove Hood, Water Heater Central

Exterior

For 1020 Cypress Street, Placentia, CA
  • Lot Description 2-5 Units/Acre
  • Windows Window Blinds

Additional Information

For 1020 Cypress Street, Placentia, CA
  • Date Listed June 4th, 2019
  • Days on Market 45

Listing Details

For 1020 Cypress Street, Placentia, CA
  • Agent Mark Bridge(01316702)
  • Office Mark Bridge, Broker

Price Change History for 1020 Cypress Street, Placentia, CA (MLS® #OC19131131)

Date Details Change
Status Changed from Active to Active Under Contract

Based on information from California Regional Multiple Listing Service, Inc. as of July 20th, 2019 at 2:33am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.