4891 Grace Avenue Cypress, CA 90630
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Shelly Hilliard - Contact:  714-580-4500

  4891 Grace Avenue Cypress, CA 90630

Active (296 Days)
$1,999,900

Description

**Diversify Your Investment Portfolio with a 4% 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!

MLS #:
OC25020979
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1945
Style
Craftsman
County
Orange County

Listed By

Shelly Hilliard, DRE #01968101 CA, Coldwell Banker Realty, Contact: 714-580-4500
Source
CRMLS
Last checked Feb 23 2025 at 2:46 PM GMT+0000
Bathroom Details
Interior Features
  • Water Heater
  • Refrigerator
  • Range Hood
  • Gas Range
  • Electric Range
  • Dishwasher
  • Laundry: In Garage
  • Laundry: In Kitchen
  • Unfurnished
  • Tile Counters
  • Primary Suite
  • Open Floorplan
  • Granite Counters
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Balcony
Property Features
  • Foundation: Slab
  • Foundation: Combination
Heating and Cooling
  • Forced Air
  • Central Air
Flooring
  • Vinyl
  • Laminate
  • Carpet
Exterior Features
  • Roof: Shingle
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected, Cable Available
  • Sewer: Public Sewer
Parking
  • Assigned
Stories
  • 1
Additional Information: Huntington Beach | 714-580-4500
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 19, 2025
Price Changed
$1,999,900
-5%
-100,100
Jan 29, 2025
Original Price
$2,100,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.