4891 Grace Avenue, Cypress, CA 90630

  • $1,850,000
  • $519
4891 Grace Avenue, Cypress, CA 90630
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1945
  • Year Built
For Sale
4891 Grace Avenue, Cypress, CA 90630
  • $1,850,000
  • $519

Overview

Property ID: SGR-33232088
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1945
  • Year Built

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.

  • Address 4891 Grace Avenue
  • City Cypress
  • State/county CA
  • Zip/Postal Code 90630
  • Area 80 - Cypress North of Katella
  • Country United States

Details

Updated on July 12, 2024 at 9:09 am
  • Property ID: SGR-33232088
  • Price: $1,850,000
  • Land Area: 7405.00 m²
  • Garages: 4.00
  • Year Built: 1945
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3563.00
  • MLS#: OC24128885
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Shelly Kay Hilliard
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01968101
  • IDX Contact Info: 714-580-4500

Additional details

  • Roof: Shingle
  • View: None
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central,Forced Air
  • Flooring: Carpet,Laminate,Tile
  • County: Orange
  • Property SubType: Triplex
  • Parking: 9.00
  • Water Source: Public

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