7851 Cypress Drive, Unit A&B

Huntington Beach, CA 92647

$1,300,000
Price
4
Beds
2
Baths
1,729 Sq. Ft.
$752 / Sq. Ft.
1,729
Sq. Ft.
$752
per Sq. Ft.

Description

Duplex in approved Opportunity Zone. Built in 1971 with permits on record with city of Huntington Beach. Both units are single level with 2 bedrooms and one full bath. Units have separately metered utilities, updated dual pane windows, and central heat and air conditioning. Front unit 'A' updated in 2013. Back unit 'B' updated in 2021. Unit A has spacious living room with ceiling fan and tile flooring. Galley style kitchen with lots of cabinet space, granite counters, gas range, dishwasher and large...Duplex in approved Opportunity Zone. Built in 1971 with permits on record with city of Huntington Beach. Both units are single level with 2 bedrooms and one full bath. Units have separately metered utilities, updated dual pane windows, and central heat and air conditioning. Front unit 'A' updated in 2013. Back unit 'B' updated in 2021. Unit A has spacious living room with ceiling fan and tile flooring. Galley style kitchen with lots of cabinet space, granite counters, gas range, dishwasher and large skylight. Direct access from kitchen into garage where laundry hookups are located. Bedrooms both have mirrored closet doors and one bedroom has direct access to the front patio via sliding door. One bedroom has tile floors and the other is carpeted. The unit A bathroom is a full bath with shower over tub. Unit B has similar layout in living room and kitchen. Kitchen has granite counters, brand new gas range and dishwasher. Bedrooms have laminate floors and one bedroom has double closers. Bathroom in unit B is 3/4 with shower. Sliding door from living room out to very large, covered patio. Patio has laundry hookups. Backyard for second unit includes mature fruit trees and some landscaping. Very high walk score and close to transit routes, shopping centers, area schools, and the beach. Please do not disturb tenants. Drive by only. Subject to Inspection.
  1. Listed by Barbara Adams • DRE #01873714 • Brokerage DRE #01008773 • First Team Real Estate • 714-878-3022

Property Details for 7851 Cypress Drive, Unit A&B

Architectural Style
Traditional
View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of First Team Real Estate, Barbara Adams, DRE #01873714
Add your commute
LISTING UPDATED: 04/17/2024 05:26 AM

Property Details for 7851 Cypress Drive, Unit A&B

StatusActive
MLS #OC24032353
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.11 AC / 4,796 SF
CountyOrange County

Location

Listing Courtesy of First Team Real Estate, Barbara Adams, DRE #01873714
Add your commute

Building Information for 7851 Cypress Drive, Unit A&B

Stories1Residences-Year Built1971Building Size-Lot Size0.11 AC / 4,796 SF

Payment Calculator

$7,095 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7851 Cypress Drive, Unit A&B

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $60,000
  • Gross Operating Income: $4,962,213
  • Net Operating Income: $51,122
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 21.7
  • Cap Rate: 3.8
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $10,378
  • New Taxes Expense: $7,878
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Maintenance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,500
  • Supplies Expense: $0
  • Total Expenses: $10,378
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 436
  • Tax Census Tract: 994.02
  • Tax Lot: 4
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Cooktop
  • Equipment: Garage, Gas Dryer Hookup, Outside, Washer Hookup
  • Interior Features: Granite Counters, Stone Counters, Unfurnished
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Laundry, Living Room
  • Bedroom Features: All Bedrooms Down
  • Kitchen Features: Granite Counters, Stone Counters, Galley Kitchen
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Outside, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Double Pane Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior Features: Lighting
  • Roof: Composition
  • Entry Location: Side of Building
  • Fence: Yes
  • Fence: Masonry
  • Fencing: Masonry
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Green Info
  • Walk Score: 85
  • Green Energy Efficient: Windows
  • Green Water Conservation: Water-Smart Landscaping
Land/Lot Info
  • Lot Features: Back Yard, Level with Street, Rectangular Lot, Near Public Transit, Patio Home, Sprinklers None
  • Direction Faces: South
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Elevation: 30
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway, Garage - 1 Car
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway, Concrete, Driveway Level, Garage Faces Front, Garage - Single Door
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 0
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number Wall AC: 2

Property History for 7851 Cypress Drive, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7851 Cypress Drive, Unit A&B

This home is within Ocean View School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Oak View Elementary School
PublicK to 5

Marine View Middle School
Public6 to 8

Ocean View High School
Public9 to 12

Coast High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7851 Cypress Drive, Unit A&B is a multi-family home for sale in Huntington Beach, CA 92647. This property was listed for sale on February 14, 2024 by First Team Real Estate, it's currently listed at $1,300,000. This listing's school districts are Ocean View School District, Huntington Beach Union High School District. Nearby schools include Oak View Elementary School, Marine View Middle School and Ocean View High School. 7851 Cypress Drive, Unit A&B is a 4-bed, 2-bath, 1,729 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Barbara Adams, DRE #01873714

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.