Cypress, CA 90630,8656 La Salle Street
Cypress, CA 90630,8656 La Salle Street
Cypress, CA 90630,8656 La Salle Street
12
$1,900,000
$1,849,000
2.8%
Est.Price: ?

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9 BD
9 BA
10,086 Sqft Lot

8656 La Salle Street Cypress, CA 90630

Est. payment /mo
SOLD DATE : 01/04/2022

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Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC21251888

Bedrooms 9

Lot Size 10,086 Sqft

Property Description

First time ever on market, this prime custom -constructed 4-yunit property is located in the City of Cypress. Rarely available in this submarket, all units feature townhome style interiors and a private yard with detached double enclosed garage. Surrounding neighborhoods are continuing to gentrify with smaller and mid-sized attractive condominium and apartment projects. This is a great investment opportunity to acquire a 90's constructed building in a diversified and vibrant submarket. Thoughtfully developed with detached double garages for each unit, forced and and A/C, private yards, (5) water meters, and (5) gas & electric meters. The property has (3) two-bedroom, 1.5 ba townhome units (Units 2-4), and (1) three-bedroom, 2.5 ba floorplan (Unit 1). The three bedroom unit has an in suite bath in the master bedroom,. The upstairs bedroom in all units feature vaulted ceilings. The pitched composition roof was replaced in 2019 along with any dry rotted eves, and the building was fumigated in 2019 as well. the property boundaries are lined with block walls. There is a concrete motor court with (5) additional off-street spaces, along with the (4) double garages. There is great value-add potential with minimal interior upgrades and the City of Cypress supporting higher overall rents.
First time ever on market, this prime custom -constructed 4-yunit property is located in the City of Cypress. Rarely available in this submarket, all units feature townhome style interiors and a private yard with detached double enclosed garage. Surrounding neighborhoods are continuing to gentrify with smaller and mid-sized attractive condominium and apartment projects. This is a great investment opportunity to acquire a 90's constructed building in a diversified and vibrant submarket. Thoughtfully developed with detached double garages for each unit, forced and and A/C, private yards, (5) water meters, and (5) gas & electric meters. The property has (3) two-bedroom, 1.5 ba townhome units (Units 2-4), and (1) three-bedroom, 2.5 ba floorplan (Unit 1). The three bedroom unit has an in suite bath in the master bedroom,. The upstairs bedroom in all units feature vaulted ceilings. The pitched composition roof was replaced in 2019 along with any dry rotted eves, and the building was fumigated in 2019 as well. the property boundaries are lined with block walls. There is a concrete motor court with (5) additional off-street spaces, along with the (4) double garages. There is great value-add potential with minimal interior upgrades and the City of Cypress supporting higher overall rents.

Location

State CA

County Orange

Area Oc - Cypress (90630)

Zoning Builder

Interior

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Parking Features Unit1:Assigned

Roof Type Composition

Others

Acceptable Financing Cash

Space Rent $2,270

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Steven Brombal • Kidder Mathews of California, Inc
Bought with Bob Walz • New Dimension Investment Prop

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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