**Diversify Your Investment Portfolio with a 5.5% Cap Rate!**
Seize this incredible investment opportunity before it’s too late! This versatile property offers market rents and combines a single-family home with an attached duplex, each featuring separate garages. Located on a spacious corner lot of approximately 7,405 square feet, this property is designed to appeal to astute investors seeking value and flexibility.
The duplex boasts approximately 3,362 square feet of total living space, with each residence equipped with its own HVAC system for optimal comfort. The single-family home, situated on Grace Avenue, features three bedrooms and two bathrooms and spans approximately 1,200 square feet. The secondary dwelling on La Salle includes a three-bedroom, two-bathroom unit on the second floor and a two-bedroom, two-bathroom unit on the first floor, offering incredible flexibility for tenants or owners.
Privacy and functionality are thoughtfully incorporated throughout the property. The single-family home is separated from the duplex by two finished garages, complete with drywall, ensuring privacy while showcasing quality craftsmanship. Each residence also includes its own laundry hookups for added convenience and practicality.
The exterior is equally impressive, with low-maintenance landscaping that enhances curb appeal while minimizing upkeep.
Whether you’re looking to expand your portfolio or secure a high-performing asset, this property offers an outstanding opportunity in the sought-after Cypress area. Don’t miss out—contact us today to learn more and make this exceptional investment yours!
Seize this incredible investment opportunity before it’s too late! This versatile property offers market rents and combines a single-family home with an attached duplex, each featuring separate garages. Located on a spacious corner lot of approximately 7,405 square feet, this property is designed to appeal to astute investors seeking value and flexibility.
The duplex boasts approximately 3,362 square feet of total living space, with each residence equipped with its own HVAC system for optimal comfort. The single-family home, situated on Grace Avenue, features three bedrooms and two bathrooms and spans approximately 1,200 square feet. The secondary dwelling on La Salle includes a three-bedroom, two-bathroom unit on the second floor and a two-bedroom, two-bathroom unit on the first floor, offering incredible flexibility for tenants or owners.
Privacy and functionality are thoughtfully incorporated throughout the property. The single-family home is separated from the duplex by two finished garages, complete with drywall, ensuring privacy while showcasing quality craftsmanship. Each residence also includes its own laundry hookups for added convenience and practicality.
The exterior is equally impressive, with low-maintenance landscaping that enhances curb appeal while minimizing upkeep.
Whether you’re looking to expand your portfolio or secure a high-performing asset, this property offers an outstanding opportunity in the sought-after Cypress area. Don’t miss out—contact us today to learn more and make this exceptional investment yours!
Property Details
Price:
$2,100,000
MLS #:
OC25020979
Status:
Active
Baths:
0
Address:
4891 Grace Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
80cypressnorthofkatella
City:
Cypress
Listed Date:
Jan 29, 2025
State:
CA
ZIP:
90630
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1945
See this Listing
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Schools
Interior
Accessibility Features
Parking
Appliances
Dishwasher, Gas & Electric Range, Range Hood, Refrigerator, Water Heater
Cooling
Central Air
Fireplace Features
None
Flooring
Carpet, Laminate, Vinyl
Heating
Forced Air
Interior Features
Beamed Ceilings, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Tile Counters, Unfurnished
Exterior
Community Features
Curbs, Gutters, Sidewalks, Street Lights
Foundation Details
Combination, Slab
Garage Spaces
4.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
10.00
Pool Features
None
Roof
Asphalt, Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address4891 Grace Avenue Cypress CA
- Area80 – Cypress North of Katella
- CityCypress
- CountyOrange
- Zip Code90630
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
4891 Grace Avenue
Cypress, CA
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