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$ 1,799,000
Est. payment /mo
Active
4891 Grace Avenue Cypress, CA 90630
8 Beds
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25218285
Bedrooms 8
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Solid 5% Cap Rate! Exceptional investment opportunity in prime Cypress. This versatile property sits on a 7,405 sq. ft. corner lot and offers approximately 3,362 sq. ft. of living space, featuring a single-family home plus an attached duplexproviding strong market rents and excellent tenant appeal. Single-Family Home (Grace Ave): 1,200 sq. ft., 3BR/2BA, with an attached 2-car garage and laundry. Duplex (La Salle): Upstairs 3BR/2BA unit includes a private 2-car garage. Downstairs 2BR/2BA unit includes a secured carport with parking for 2 cars. Each residence offers its own HVAC system and laundry hookups for convenience and independence. The single-family home is separated from the duplex by two finished garages, complete with drywallensuring privacy while showcasing quality craftsmanship. The exterior is equally impressive, with low-maintenance landscaping that boosts curb appeal while minimizing upkeep. Ideally located close to top-rated schools, major transportation routes, and shopping, this property provides tenants with comfort and convenience while offering investors stability and growth potential. Dont miss outcontact us today to make this exceptional 5% Cap Rate investment yours!
Location
State CA
County Orange
Zoning Assessor
Direction Between Lincoln Ave. and Crescent Ave.
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 26231204
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Shelly Kay Hilliard Coldwell Banker Realty