4891 Grace AVE new

Cypress,CA 90630

$ 2100000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25020979

Construction Status Turnkey

HOA Y/N No

Year Built 1945

Lot Size 7,405 Sqft

Property Description

**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!

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

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