Contact Xavier Gomez
Contacting Xavier Gomez
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
8622 Watson , Cypress, CA 90630
Priced at Only: $2,293,000
For more Information Call
Address: 8622 Watson , Cypress, CA 90630
Request More Information
  • All fields are required.
  • MLS#: RS26053694 ( Apartment )
  • Street Address: 8622 Watson
  • Viewed: 1
  • Price: $2,293,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 14
  • Additional Information
  • County: ORANGE
  • City: Cypress
  • Zipcode: 90630
  • Subdivision: Other (othr)
  • Provided by: Fiv Realty Co
  • Contact: Jennifer Jennifer
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    *DO NOT DISTURB TENANTS* This is an exceptional investment opportunity on an expansive 15,000 sq ft lot featuring five charming 2 bedroom, 1 bath bungalow style units. Each unit has been tastefully remodeled, offering updated interiors that appeal to todays tenants while maintaining the classic bungalow character. Improvements include modernized kitchens and baths, refreshed flooring, and updated finishes throughout. Each unit has it's own outdoor space, to BBQ, entertain or just enjoy the sunshine. The large lot allows for excellent spacing between units, creating a comfortable and private residential environment rarely found in multi unit properties. In addition to attached, private garages for each unit, the property also offers 4 off street spaces along the driveway and public street parking. This amazing property sits directly across the street from the newly improved Arnold Cypress Park, providing tenants with immediate access to open green space, recreation, and neighborhood amenities. With strong rental appeal, a highly desirable location, and multiple standalone bungalow units, this property presents an outstanding opportunity for investors seeking stable income with long term upside potential. Zoned RM15, this sizable parcel also offers future development or expansion possibilities (buyer to verify with the city). Ideally suited for investors looking to add a well maintained, high demand multi unit property to their portfolio.
Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 4675.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
  2. No One Below
  3. No One Above
Cooling
  1. None
Country
  1. US
Entry Location
  1. ground
Fireplace Features
  1. None
Garage Spaces
  1. 5.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 3646.00
Laundry Features
  1. Gas Dryer Hookup
  2. Washer Hookup
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 75454.00
Parcel Number
  1. 26243127
Parking Features
  1. Garage
  2. Public
  3. Driveway
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 458333457:CRM
Spa Features
  1. None
Subdivision Name Other
  1. cypress
Tenant Pays
  1. Gas
  2. Cable TV
  3. Electricity
Totalexpenses
  1. 5400.00
Trash Expense
  1. 1900.00
Uncovered Spaces
  1. 4.00
View
  1. Park/Greenbelt
  2. Neighborhood
Water Sewer Expense
  1. 3600.00
Water Source
  1. Public
Year Built
  1. 1957
Year Built Source
  1. Assessor
Zoning
  1. RM15
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
Request More Information
  • All fields are required.