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Listed by Matthew Shinn • Shinn Real Estate Group
$2,890,000
Est. payment /mo
5,487 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,487 sqft
Price per Sqft $526
MLS Listing ID OC-26233300
Year Built 2023
Lot Size 10,125 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Own three contemporary condominiums in desirable Cypress, built in 2023 and generating a combined 12,550 per month in rental income. Each residence offers approximately 1,800–1,850 sq. ft. of modern living space, featuring 3 spacious en-suite bedrooms that comes with 3 private bathrooms, and an additional downstairs powder room. Contemporary interiors, thoughtfully designed floor plans, and modern construction create an attractive living environment for today's lifestyle. Each unit features a direct-access two-car garage with EV charging, complemented by an attractive pavered driveway and 3 additional parking spaces in the backyard. Each condominium also has its own APN and separate electricity and gas meters, providing flexibility for ownership and utility management. Whether you're expanding your investment portfolio or seeking a distinctive multi-unit property with established cash flow, this rare offering combines newer construction, desirable amenities, individual parcel ownership, and strong rental income potential in one compelling package. Three residences. Three separate APNs. One outstanding investment opportunity in Cypress!
Location
State CA
County Orange
Area 80 - Cypress North Of Katella
Interior
Heating Central
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Parking Space, Assigned, Direct Garage Access
Garage Spaces 6.0
Pool None
Community Features Street Lights
Building
Lot Description Lot 10000-19999 Sqft
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900