4891 Grace AVE Active Save Request In-Person Tour Request Virtual Tour
Cypress,CA 90630
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25218285
Construction Status Turnkey
HOA Y/N No
Year Built 1945
Lot Size 7,405 Sqft
Property Sub-Type Triplex
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 duplex—providing 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 drywall—ensuring 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.
Don't miss out—contact us today to make this exceptional 5% Cap Rate investment yours!
Location
State CA
County Orange
Area 80 - Cypress North Of Katella
Interior
Interior Features Beamed Ceilings,Balcony,Ceiling Fan(s),Granite Counters,Open Floorplan,Tile Counters,Unfurnished,Primary Suite
Heating Forced Air
Cooling Central Air
Flooring Carpet,Laminate,Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Electric Range,Gas Range,Refrigerator,Range Hood,Water Heater
Laundry In Garage,In Kitchen
Exterior
Parking Features Assigned
Garage Spaces 4.0
Carport Spaces 1
Garage Description 4.0
Pool None
Community Features Curbs,Gutter(s),Street Lights,Sidewalks
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Asphalt,Shingle
Accessibility Parking
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One,Two
Foundation Combination,Slab
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One,Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 26231204
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard