4891 Grace AVE new 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 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