4891 Grace Ave - Apartments FOR SALE


Cypress, CA 90630
$1,899,990 USD
714-580-4500
4891 Grace Ave, Cypress, CA for Sale
$1,899,990 USD
Apartments - FOR SALE
1/38
null | 4.4% Cap Rate

4891 Grace Ave
Cypress, CA 90630


HIGHLIGHTS

  • Located near major freeways, close to LAX, Disneyland and the beach
  • Low-maintenance landscaping
  • Each residence also includes its own laundry hookups for added convenience and practicality.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,899,990 USD

PRICE/SF

$565 USD /SF

# OF UNITS

3

PRICE/UNIT

$633,330

CAP RATE

4.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM 20-FA

APN/PARCEL ID

262-312-04

ASK ABOUT THIS PROPERTY

Shelly HilliardColdwell Banker RealtyMore Info
714-580-4500

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Shelly HilliardColdwell Banker RealtyMore Info
714-580-4500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.