
Cypress, California 90630
This property presents a High-Potential Investment Opportunity with a List Price of $849,900—positioned well below the $853,149 Fair Market Value by 0.38%. This valuation gap offers $3,249 in Instant Equity for buyers. Featuring a Fair Condition Rating (4/10), the home requires cosmetic updates to modernize its 1961 layout. With a 6,000-square-foot lot and attached two-car garage, the property provides significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project in a prime Cypress location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5821 Lime Subject 3 bd · 2 ba · 1,111 sqft · $768 | $849,900* List Price | 3 | 2 | 1,111 | $768 | - |
A 5282 Belle Sold 3 bd · 3 ba · 1,049 sqft · $888 · 0.9 mi | $931,000 | 3 | 3 | 1,049 | $888 | 0.9 mi |
B 5332 Belle Sold 3 bd · 2 ba · 1,049 sqft · $844 · 0.8 mi | $885,000 | 3 | 2 | 1,049 | $844 | 0.8 mi |
C 9692 Salisbury Sold 3 bd · 2 ba · 1,380 sqft · $746 · 0.8 mi | $1,030,000 | 3 | 2 | 1,380 | $746 | 0.8 mi |
D 5248 Vista Del Mar Sold 3 bd · 2 ba · 1,536 sqft · $645 · 0.6 mi | $990,000 | 3 | 2 | 1,536 | $645 | 0.6 mi |
E 5541 Camp Sold 3 bd · 2 ba · 948 sqft · $802 · 0.4 mi | $760,000 | 3 | 2 | 948 | $802 | 0.4 mi |
F 5542 Bishop Sold 3 bd · 1 ba · 984 sqft · $727 · 0.4 mi | $715,000 | 3 | 1 | 984 | $727 | 0.4 mi |
G 5521 Nelson Street Active 3 bd · 2 ba · 1,020 sqft · $774 · 0.4 mi | $789,900 List Price | 3 | 2 | 1,020 | $774 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this 63-year-old home is functional but dated. The presence of a window AC unit suggests a lack of modern central HVAC, and the interior finishes, including the 1.5 bathrooms and sliding doors, appear to be over 20 years old. While move-in ready, it requires cosmetic and system updates to meet modern standards.
Situated in a highly sought-after Cypress neighborhood, the property offers excellent proximity to Cypress College, top-rated schools, and convenient freeway access.
The 6,000-square-foot lot provides significant outdoor space for entertaining, relaxation, or potential future expansions, offering a high land-to-structure value ratio.
Featuring an attached two-car garage and an oversized private driveway, the property provides superior parking capacity and storage options for multiple vehicles.
With only 1,111 square feet of livable space for a three-bedroom home, the interior layout may feel constrained for modern family requirements.
Marketed with 'unlimited potential' and built in 1961, the property likely requires significant cosmetic or structural updates to meet contemporary standards.
Welcome to 5821 Lime Ave. Located in the heart of Cypress in Orange County. Nearby Cypress College & H.S. Unlimited potential for this single-story three bedroom, one and one-half bathroom. 1,111 square feet of livable space with a lot size of 6,000-square-foot giving you ample of room to relax or entertain. An attached two-car garage with laundry providing ample parking with an oversized private driveway. This premier central Cypress location is highly sought after... Close to schools, parks, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,111 | 1,741.538 |
| Lot Size | 6,000 | 5,945.09 |
| Price | $849.9K | $1.15M |
| Price per sq ft | $765 | $641 |
| Built year | 1961 | 1967 |
| HOA | $0 | $394 |
| Days on market | 24 | 52 |
Oct 1, 2026
$849,900
Initial Listing
Aug 25, 1998
$192,090
Public Record