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4891 Grace Avenue

Cypress, CA 90630
  • $1,899,990
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: OC25020979
Price Reduced
$1,899,990
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Listing Agent(s): Shelly Kay Hilliard of Coldwell Banker Realty (714-374-4459)


Description

**Diversify Your Investment Portfolio with a 4% Cap Rate!** Seize this incredible investment opportunity before its 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 youre looking to expand your portfolio or secure a high-performing asset, this property offers an outstanding opportunity in the sought-after Cypress area. Dont miss out"contact us today to learn more and make this exceptional investment yours!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/159863205
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4891 Grace Avenue Cypress, CA 90630

  • Price: $1,899,990
  • Status: Active
  • On Site: 45 Days
  • ID#: OC25020979
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1945
Built
Neighborhood:
Other
County:
Orange
Area:
80 - Cypress North of Katella
Property Description
**Diversify Your Investment Portfolio with a 4% Cap Rate!** Seize this incredible investment opportunity before its 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 youre looking to expand your portfolio or secure a high-performing asset, this property offers an outstanding opportunity in the sought-after Cypress area. Dont miss out"contact us today to learn more and make this exceptional investment yours!
Exterior Features

Architectural Style Craftsman Carport Spaces 1 Carport YN Yes Construction Materials StuccoWood Siding Entry Level 1 Entry Location 3 Foundation Details CombinationSlab Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Features Assigned Parking Total 10 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof AsphaltShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features Parking Appliances DishwasherElectric RangeGas RangeRefrigeratorRange HoodWater Heater Common Walls 1 Common WallEnd Unit Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateVinyl Heating Forced Air Heating YN Yes Interior Features Beamed CeilingsBalconyCeiling Fan(s)Granite CountersOpen FloorplanTile CountersUnfurnishedPrimary Suite

Property Features

Additional Parcels YN No Cap Rate 4 Common Interest None Community Features CurbsGutter(s)Street LightsSidewalks Contingency Buyer to cooperate with sellers 1031 exchange. Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 117600 Gross Scheduled Income 117600 Insurance Expense 3600 Land Lease YN No Laundry Features In GarageIn Kitchen Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 3000 Net Operating Income 83520 New Construction YN No New Taxes Expense 21000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 31280 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 480 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 2800 Water Sewer Expense 2600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Shelly Kay Hilliard of Coldwell Banker Realty (714-374-4459)