6022 Lime Ave, Cypress, CA 90630
6022 Lime Ave, Cypress, CA 90630
6022 Lime Ave, Cypress, CA 90630
9
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$1,750,000
Est. payment /mo
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9 Beds
5 Baths
3,846 SqFt
New

6022 Lime Ave Cypress, CA 90630

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,846 sqft

Price per Sqft $455

MLS Listing ID 26862995

Bedrooms 9

Year Built 1964

Lot Size 6,847 Sqft

Acres 0.16

Property Sub-Type Multi-Family

Property Description

We are pleased to offer the opportunity to acquire 6022 Lime Ave, a 4-unit Covington style apartment building located in a highly desirable neighborhood in Cypress. Built in 1964, this 3,846 SqFt property on a 6,847 SqFt lot offers strong fundamentals and an attractive unit mix consisting of one (1) three-bed, two-bath townhome unit and three (3) two-bed, one-bath units. The parking consists of four (4) single carport spaces. The building itself features a brand new roof installed in June 2026, along with three of the four units having undergone extensive structural and cosmetic renovations, including modernized bathrooms and vinyl plank and ceramic tile flooring. The apartments feature individual electric water heaters, with tenants responsible for their own hot water usage. The property is individually metered for electricity, with the landlord responsible only for water and trash. This provides convenience for residents and low operating expenses for ownership. 6022 Lime Ave presents a rare opportunity to acquire a turnkey asset, offering rental upside at 11%. This provides investors with the chance to increase cash flow through interior renovations, rental repositioning, or expansion potential. With its close proximity to Cypress College, easy access to the 91, 605, 22, and 405 freeways, and strong rental demand, this property represents an exceptional investment in one of Cypress's most sought-after neighborhoods.

Location

State CA

County Orange

Area Cypress North Of Katella

Zoning RM-CC

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Washer, Dryer, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Carport Attached

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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6022 Lime Ave