4891 Grace Avenue, Cypress, CA 90630
- $1,850,000
- $519
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
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Address: 4891 Grace Avenue
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City: Cypress
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State/county: CA
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Zip/Postal Code: 90630
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Area: 80 - Cypress North of Katella
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Country: United States
Details
Updated on July 12, 2024 at 9:09 am-
Property ID SGR-33232088
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Price $1,850,000
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Land Area 7405.00 m²
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Garages 4.00
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Year Built 1945
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Property Type Residential Income
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Property Status For Sale
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Living Area 3563.00
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MLS# OC24128885
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Office Name COLDWELL BANKER REALTY
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Agent Name Shelly Kay Hilliard
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01968101
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IDX Contact Info 714-580-4500
Additional details
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Roof Shingle
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View None
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Sewer Public Sewer
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Cooling Central Air
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Heating Central,Forced Air
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Flooring Carpet,Laminate,Tile
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County Orange
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Property SubType Triplex
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Parking 9.00
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Water Source Public
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