Multifamily Housing
5651 Lincoln Avenue Cypress, CA 90630
Details & Description
Price: $7,280,000
    HighlightsExisting Successful Hotel/Run as Hotel and then Reposition!10 Year Consecutive Ownership - Tax Credit Qualification!City Enthusiastic Cooperation in Repositioning of Property!Near Significant High Profile Retail/Restaurants on Lincoln Ave!Attractive/Well Maintained Property!Excellent Street Exposure on Highly Trafficked Lincoln Ave!Easily Accessible to 605, 405, 22, 91, and 5 Freeways!Easy Access to both Los Angeles and Orange Counties Employment Locations!DescriptionThe Property is offered for sale for $7,280,000LocationSituated in the City of Cypress' Lincoln Avenue Specific Plan, the property location offers excellent street exposure on highly trafficked Lincoln Ave. Significant Retail establishments near the property on Lincoln Ave include The Home Depot, The US Postal Service and the Buena Park Marketplace that includes Ross, Marshalls, Jo-Ann and Chase Bank as well as several other retail stores and restaurants. The City of Cypress offers access to the 605, 91, 405, 22 and 5 freeways with its Northern Orange County location.
    Listing Agents
    Luis Vazquez

    O: 310-704-9109
    luis.vazquez@sperrycga.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5651 Lincoln Avenue

    Cypress, CA 90630

    Listing ID: 216675
    • 5651 Lincoln Avenue Cypress, CA 90630 | for Sale | Photo 1
    • 5651 Lincoln Avenue Cypress, CA 90630 | for Sale | Photo 2
    • 5651 Lincoln Avenue Cypress, CA 90630 | for Sale | Photo 3
    5651 Lincoln Avenue | for Sale | Thumbnail 1
    5651 Lincoln Avenue | for Sale | Thumbnail 2
    5651 Lincoln Avenue | for Sale | Thumbnail 3
    Building Size: 37,404 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $194.63
    Land $/SF:
    Price
    $7,280,000
    Description

    Highlights

    Existing Successful Hotel/Run as Hotel and then Reposition!

    10 Year Consecutive Ownership - Tax Credit Qualification!

    City Enthusiastic Cooperation in Repositioning of Property!

    Near Significant High Profile Retail/Restaurants on Lincoln Ave!

    Attractive/Well Maintained Property!

    Excellent Street Exposure on Highly Trafficked Lincoln Ave!

    Easily Accessible to 605, 405, 22, 91, and 5 Freeways!

    Easy Access to both Los Angeles and Orange Counties Employment Locations!

    Description

    The Property is offered for sale for $7,280,000

    Location

    Situated in the City of Cypress' Lincoln Avenue Specific Plan, the property location offers excellent street exposure on highly trafficked Lincoln Ave. Significant Retail establishments near the property on Lincoln Ave include The Home Depot, The US Postal Service and the Buena Park Marketplace that includes Ross, Marshalls, Jo-Ann and Chase Bank as well as several other retail stores and restaurants. The City of Cypress offers access to the 605, 91, 405, 22 and 5 freeways with its Northern Orange County location.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Garden Grove History of Multifamily Housing for Sale

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    Cypress Area Market Trends

    Listing Demographics for 5651 Lincoln Avenue Cypress, CA 90630

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population27,317236,651599,517
    Population Median Age403939
    Population by Age0-9 Yrs2630 (9%)26013 (10%)70456 (11%)
    10-19 Yrs3718 (13%)31457 (13%)78788 (13%)
    20-29 Yrs3891 (14%)33349 (14%)84576 (14%)
    30-39 Yrs3041 (11%)29890 (12%)78404 (13%)
    40-49 Yrs4224 (15%)32454 (13%)81775 (13%)
    50-59 Yrs4194 (15%)32480 (13%)81716 (13%)
    60-69 Yrs2902 (10%)25571 (10%)63493 (10%)
    70+ Yrs2718 (9%)25435 (10%)60309 (10%)
    Median HH Income$83,516$82,363$82,384
    Total Household Income< 24K971 (11%)9759 (13%)23399 (13%)
    25-49K1633 (18%)11695 (16%)29843 (16%)
    50-74K1230 (14%)11256 (15%)28268 (15%)
    75-99K1484 (17%)9888 (13%)25494 (14%)
    100-199K2457 (28%)21377 (30%)52587 (29%)
    200K+904 (10%)7270 (10%)18492 (10%)
    Highest Education LevelNo Diploma18392438064810
    Diploma or GED35613435289856
    Some College42373477687813
    Assoc. Degree17191366634141
    Bachelors Degree54233850191538
    Higher Degree22551711141105
    Total Housing Units8,90774,265185,025
    --Owner-Occupied5,12941,736108,036
    --Renter-Occupied3,55029,50870,047
    Owner-Occupied Values< 100K10717684428
    100-199K505641189
    200-299K6411803087
    300-399K42632458354
    400-499K777587216436
    500K+37052910774543
    Total Working Age Population22,613191,414480,940
    In Work Force14,180120,207306,314
    Not In Work Force8,43371,207174,626
    Workforce Employed13,515114,162290,522
    Workforce Unemployed6495,90615,421
    Civlian Workforce14,164120,068305,943
    Military Workforce17139371
    Total Households8,67971,245178,083
    Family Households6,77356,733140,732
    Non-Family Households1,90614,51237,350
    Married Couple4,76141,559102,586
    Other Family2,01315,17438,146
    Married w/Child2,13317,57544,679
    Single Male w/Child1381,3023,510
    Single Female w/Child5524,35610,664

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850
    Orange County2,846,289+63,010,232+83,257,087+53,431,096

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5651 Lincoln Avenue in Cypress?
    The asking price for 5651 Lincoln Avenue is $7,280,000
    What is the building size of this Multifamily property in Cypress, CA?
    The size of the building/unit at 5651 Lincoln Avenue in Cypress is 37,404 square feet
    What is the population within 1 mile of 5651 Lincoln Avenue in Cypress?
    The population within 1 mile of 5651 Lincoln Avenue Cypress, CA 90630 is 27,317 people.
    Who do I contact for questions about 5651 Lincoln Avenue?
    You should contact the listing agent, Luis Vazquez, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    John Wayne Airport-Orange County Airport (SNA) 14
    Los Angeles International Airport (LAX) 23
    Ontario International Airport (ONT) 29
    Price
    $7,280,000
    Listing Agent
    More listings from Luis Vazquez
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