$1,950,000
For Sale

4891 Grace Avenue

Cypress, CA 90630
0.17 acres | #OC24128885
Listing OfficeColdwell Banker Realty
Browse 27 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Interior Details
      • InteriorCeilingFans, OpenFloorplan
  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, CornerLot
      • Exterior MaterialsRainGutters
      • Stories1
    • Measurements
      • Acres0.17
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1945
    • Material information
      • FoundationCombination
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Subdivision, n/a
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$1,850,000
  • Other
      • MLS #OC24128885

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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