4891 Grace Avenue

Cypress, CA 90630

  • 8 Bed(s)
  • 6 Bath(s)
  • 3,563 Sqft
  • 7405
    Sqft(Lot)
$1,950,000

Description

Diversify your investment portfolio 5.5% 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.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Orange

  • Style

    Cottage

  • AD ID

    46171578

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Exterior Property Features : Rain Gutters
    • Interior Features: Ceiling Fan(s),Open Floorplan
    • Property Appliances: Electric Range,Gas Range
    • Fireplace: None
    • Flooring: Carpet,Laminate,Tile

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1945
    • Building Area Total: 3,563
    • Roof: Shingle

    Exterior Features

    • Rain Gutters

    Foundation

    • Combination

    Pool Features

    • None

    Laundry Features

    • Electric Dryer Hookup,Gas Dryer Hookup,In Garage,In Kitchen

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.17
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7405

  • Listing Price Information

    • Original List Price: 1,950,000
    • Listing Contract Date: 2024-06-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 26231204

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 80 - Cypress North of Katella
    • Postal Code Plus 4: 2164
    • Directions: Nearest Cross Streets Moody and Crescent.
    • Source Property Type: Residential Income
    • Area: 80 - Cypress North of Katella
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 79
    • Common Walls: 1 Common Wall,End Unit
    • Property Condition: Turnkey
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1 floor
    • Property Attached: Yes
    • Levels or Stories: One,Two
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/18/2024 @ 07:16

  • MLS: OC24128885
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 3,563 sqft, 7,405 sized lot, and 4 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Cypress , in zip code 90630, this Orange County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.