4801 Merten Avenue, Cypress CA, 90630

Sold

4801 Merten Avenue

Cypress CA, 90630

$1,920,000

$308.98 per sqft

Sold

6,214 sqft

Residential

Built in 1996

Listed by Mary Kasenberg with Coldwell Banker Star Realty 562-889-3623

Built in 1996, 4801-4811 Merten Ave is a 6-unit multifamily investment opportunity located in the City of Cypress, Ca. It features six individual houses with no common walls. Built on a 20,000sqft+ lot, 4 homes are 3 bedroom,2 baths and 2 homes are 2 bedroom,2 baths. Each house has 2-car attached garage with direct access into the house. Each unit has Forced Air Heating and Central Air and features a Gas fireplace in the living room. Property has 6 electric meters, 6 gas meters and 7 water meters. Tenants each pay for all their own utilities. The income can be raised substantially. Current rents have fallen below market levels mostly due to exceptionally low turnover. 10 mins from Knotts Berry Farm.
Buyer to cooperate with Seller's 1031 exchange at no expense to Buyer.`
**DRIVE-BY ONLY! DO NOT WALK ON PROPERTY! DO NOT TALK TO ANYONE! TENANTS NOT AWARE OF SALE.**

PW16039504

MLSⓇ ID

March 18, 2024

Updated

Map

4801 Merten Avenue
Cypress CA, 90630

Interior Features

Total Stories: 1
Interior Features: Ceramic Counters, All Bedrooms Down, Primary Suite
Appliances: Dishwasher, Disposal, Gas Water Heater
Laundry Description: In Garage
Floor Description: Carpet, Tile
Fireplace: Yes
Fireplace Description: Gas, Gas Starter, Living Room
Cooling: Yes
Cooling Description: Central Air, Gas
Heating: Yes
Heating Description: Forced Air, Natural Gas

Exterior/Building Features

Lot Size: 0.47 Acres
Lot Features: 6-10 Units/Acre, Corner Lot

Other Property Details

Area Name: 80 - Cypress North of Katella
Days on Market: 51
Garage: Yes
Garage Spaces: 12
Parking: Assigned
Parking Total: 32
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 562-804-1385

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 4:46 PM UTC