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The Cypress Street Apartments located in the city of Orange is in an excellent area with easy access to nearby elementary schools, restaurants, and parks. It is also a five minute drive from the St. Joseph Hospital and right by the 22 Garden Grove Freeway. Investors are receiving a rare opportunity to own a great and consistent income producing property in a prime location. Built in 1966, the Cypress Street Apartments contains 4 large units on an 8,050 square foot lot. The building has a pitched ceramic tile roof with an on-site laundry facility for the tenants. There are four one-car garages available, so the apartments contain an excellent parking ratio of one to one. The property is very well maintained with recent exterior paint, and beautiful landscaping that brings great curb appeal. The Cypress Street apartments have a 100% occupancy rate and feature a great unit mix. The Cypress Street Apartments is a stable income-producing property and a great long-term investment. It is located in a desirable, non-rent controlled area, has an excellent unit mix, and 1,200+ square foot units. This property offers growth and stability for any type of investor whether it may be a first-time purchase or 1031 exchange opportunity.
Listing agent: ERIC CHEN DRE #01489184 eric.c.chen@cbre.com, Listing office: CB RICHARD ELLIS
MLS data updated 10/31/2026, 12:37:00 AM PT
Source: CRMLS, MLS #: CV15067974
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 28, 2015
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 92866 · Oct 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.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.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.