4891 Grace Avenue Cypress, CA 90630
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Shelly Hilliard - Contact:  714-580-4500

  4891 Grace Avenue Cypress, CA 90630

Active (139 Days)
$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.

MLS #:
OC24128885
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1945
Style
Cottage
County
Orange County
Community
,N/a

Listed By

Shelly Hilliard, DRE #01968101 CA, Coldwell Banker Realty, Contact: 714-580-4500
Source
CRMLS
Last checked Oct 8 2024 at 7:31 PM GMT+0000
Bathroom Details
Interior Features
  • Gas Range
  • Electric Range
  • Laundry: Gas Dryer Hookup
  • Laundry: In Garage
  • Laundry: Electric Dryer Hookup
  • Laundry: In Kitchen
  • Open Floorplan
  • Ceiling Fan(s)
Subdivision
  • ,n/a
Lot Information
  • Corner Lot
Property Features
  • Foundation: Combination
Heating and Cooling
  • Forced Air
  • Central
  • Central Air
Flooring
  • Laminate
  • Carpet
  • Tile
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Phone Available, Natural Gas Connected, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Parking
  • Assigned
Stories
  • 1
Additional Information: Huntington Beach | 714-580-4500
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 18, 2024
Price Changed
$1,950,000
5%
100,000
Jun 21, 2024
Original Price
$1,850,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.