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4891 Grace Avenue

Cypress, CA 90630

– beds
– baths
– sqft
7,405 sqft lot
1945 build
– on site

**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!

Listed By CRMLS_CA / Shelly Kay Hilliard / Coldwell Banker Realty / 714-580-4500

Last checked: Checking… • Last updated Feb 19, 2025 •

MLS# OC25020979 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1945
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco, Wood Siding
Building Area Total:

3563.00
Building Area Units:

Square Feet
Total Number Of Units:

3
# of Buildings:

1
Architectural Style:

Craftsman
Roof:

Asphalt, Shingle
Foundation:

Combination, Slab
Stories Total:

1
Entry Level:

1
Accessibility Features:

Parking
Common Walls:

1 Common Wall, End Unit
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Features:

Beamed Ceilings, Ceiling Fan(s), Granite Counters, Living Room Balcony, Open Floorplan, Tile Counters, Unfurnished
Levels:

One, Two
Entry Location:

3
Flooring:

Carpet, Laminate, Vinyl
Room Type:

Family Room, Kitchen, Primary Suite
Fireplace:

No
Fireplace:

None
Laundry:

In Garage, In Kitchen
Laundry:

1

Location

Directions:

Between Lincoln Ave. and Crescent Ave.
Latitude:

33.83748600
Longitude:

-118.04751900

The Property

Property Type:

Residential Income
Subtype:

Triplex
Property Condition:

Turnkey
Lot Features:

0-1 Unit/Acre
Lot Size Area:

7405.0000
Lot Size Acres:

0.1700
Lot Size SqFt:

7405.00
Lot Size Source:

Assessor
View:

None
Road Frontage:

City Street
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

B
Tax Census Tract:

1101.11
Tax Tract:

489
Tax Lot:

14

The Listing

Special Listing Conditions:

Standard
Parcel Number:

26231204

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas & Electric Range, Range Hood, Refrigerator, Water Heater
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

other
Features:

Curbs, Gutters, Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

10.00
Garage Spaces:

4.00
Uncovered Spaces:

5.00
Carport Spaces:

1.00

Extra Units

Average 2 Bed Area:

900
Average 3 Bed Area:

1300

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/19/25 Feb 19, 2025	Price Changed	CRMLS_CA	$1,999,900	-4.8%
1/29/25 Jan 29, 2025	Listed / Active	CRMLS_CA	$2,100,000	46.9% (15.1% / YR)
2/7/23 Feb 7, 2023	Sold	BRIDGE

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This multifamily located in Cypress, CA 90630 is currently for sale for $1,999,900. 4891 Grace Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 23 days. This multifamily is in the attendance area of John F. Kennedy High School, Clara J. King Elementary School, and Walker Junior High School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Feb 21.

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.