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Closed
- Listed price
- $875,000
- Listed Oct 21, 2020
- Sold price
- $770,000
- Sold Nov 24, 2020
7,500 sqft lot|1914 Built|5 MLS days on market
222 Cypress Ave, Santa Ana, CA 92701
Property Description
The Cypress Avenue Apartments is a three-unit apartment community located in the City of Santa Ana, one of the strongest rental markets in Southern California. The property offers a unit mix consisting of one five-bedroom/ two-bathroom house, one two-bedroom/ one-bathroom unit, and one studio unit totaling 2,641 square feet, situated on a 7,500 square foot lot. The subject property offers tenant amenities such as: a large yard, ample on-site parking, washer/dryer hookups, and patios. The subject property is located in close proximity to the vibrant Downtown area and the Santa Ana Civic Center, providing immediate access to the 5 Freeway. This offering represents a rare opportunity for an investor to acquire a 5.70% Cap Rate and 10% Total Return on current income for a stable investment property in the solid rental market of Santa Ana, California.
Listing agent: Greg BassirpouDRE #01365951gbassirpou@marcusmillichap.com, Listing office: Marcus & Millichap RE Invest
MLS data updated 11/3/2026, 12:39:22 AM PT
Source: CRMLSMLS #: OC20222296
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$770,000
Nov 24, 2020
Available records22020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92701 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92701 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
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MLS records may be incomplete. Earlier asking prices are not sale prices.