4891 Grace Avenue, Cypress
Cypress Home For Sale
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.
Property Details
Sales Agent
- Beach Cities Real Estate
- Phone: (888) 990-7111
- Cell: (888) 990-7111
- Contact Agent Now
Additional Information
-
- City:
- Cypress
-
- County:
- Orange
-
- Zip:
- 90630
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- MLS® #:
- OC24128885
-
- Bedrooms:
- 8
-
- Bathrooms:
- 6
-
- Lot Size:
- 0.17
-
- Neighborhood:
- n/a
-
- Levels:
- One, Two
-
- Garages:
- 4
-
- HOA Dues:
- $
Price Change History for 4891 Grace Avenue, Cypress, (MLS® #OC24128885)
Date | Details | Price | Change |
---|---|---|---|
Price Increased (from $1,850,000) | $1,950,000 | $100,000 (5.41%) |
Based on information from California Regional Multiple Listing Service, Inc. as of December 12th, 2024 at 8:36am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.