Properties

Property Features
: None
: Central , Forced Air
: Central Air
: None
Address Map
Grace
4891
Avenue
Nearest Cross Streets Moody and Crescent.
80 - Cypress North of Katella
Listing Broker
Coldwell Banker Realty
Shelly Kay Hilliard
Shelly Kay
Hilliard
Additional Information
1
Combination
One,Two
0-1 Unit/Acre,Corner Lot
3
2024-04-01
1
1
Public
21
9.0
26231204
1 Common Wall,End Unit
Features
2
Electric Dryer Hookup,Gas Dryer Hookup,In Garage,In Kitchen
Listing Information
OCHILLSHE
OC06716
2024-04-22T20:34:08Z
Standard
2024-04-01T00:30:37Z
CRMLS
Basic Details
1
Triplex
Property Description

Diversify your investment portfolio 5% Cap Rate!!! Seize this exceptional opportunity before it’s gone! This property offers market rents and comprises a single-family house paired with an attached Duplex, complete with separate garages. Situated on a corner lot spanning approximately 7,405 square feet, it’s a haven for astute investors seeking versatility and value.

The duplex boasts a total living space of approximately 3,362 square feet, with both the original Single Family Residence (SFR) and the secondary dwelling equipped with their own HVAC systems, ensuring optimal comfort for occupants.

The SFR, nestled on Grace Ave, features three bedrooms and two bathrooms. Meanwhile, the secondary dwelling offers flexibility with a three-bedroom, two-bathroom unit and a separate two-bedroom, one-bathroom unit. Each residence boasts its own separate garage or secure gated carport, providing convenient parking options.

Inside, both residences feature laundry hookups, enhancing their appeal and practicality. The SFR on Grace Ave spans approximately 1,120 square feet, while the dwelling on La Salle encompasses approximately 1,106 square feet on the first level and 1,125 square feet on the second level.

Privacy and functionality are paramount, with the home on Grace Ave thoughtfully separated from the secondary dwelling by two meticulously finished garages, adorned with drywall, showcasing meticulous attention to detail throughout the property.

Outside, the exterior landscape offers an inviting and low-maintenance setting, enhancing curb appeal while minimizing upkeep requirements.

Moreover, the property is fully equipped with two electric meters, two gas meters, and two water meters, ensuring personalized utility tracking for each residence on Grace Ave and La Salle.

Don’t miss out on this exceptional investment opportunity! Contact us today to discover more and secure your future in Cypress real estate.

4891 Grace Avenue, Cypress, CA 90630

  • Lot Area: 7,405 Sqft
  • Visits : 11 in 33 days
$1,899,000
Listing ID#OC24062619
QR Code
Property Details
Year Built : 1945
Property Type : Residential Income
Listing Type : For Sale
Listing ID : OC24062619
Price : $1,899,000
View : None
Lot Area : 7,405 Sqft
Country : US
State : CA
County : Orange
City : Cypress
: ,n/a
Zip Code : 90630
Parking : Assigned
Status : Active
Previous Price : 1949000
Building Size : 3563
Garage : 4.0
Mls Status : Active
Listing Term : 1031 Exchange
Roof : Shingle
Utilities : Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Sewer : Public Sewer
Flooring : Carpet,Laminate,Tile
Community Features : Curbs,Street Lights
Architectural Style : Cottage
Exterior Features : Rain Gutters
Interior Features : Ceiling Fan(s),Open Floorplan
Appliances : Electric Range,Gas Range
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