About 4772 Grace Avenue
Exceptional Investment Opportunity! A spacious 10,000+ sq ft lot, featuring 3 existing vacant value-add units plus approved plans for additional 3 new ADUs, creating a total of 6 two-bedroom units and nearly 5,000 sq ft of living space. The new ADUs are thoughtfully designed at approx. 750 sq ft each with 2 bedrooms and 2 baths, offering substantial rental upside in a high-demand market. All units are currently vacant; investors can break ground immediately and reposition the property for maximum returns. Adding further potential, the current zoning allows for one additional unit. This is a rare chance to combine value-add potential, cash flow, and long-term appreciation
Features of 4772 Grace Avenue
| MLS® # | OC25199323 |
|---|---|
| Price | $1,498,000 |
| Sold Price | $1,505,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Lot Sqft | 10,019 |
| Acres | 0.23 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 4772 Grace Avenue |
|---|---|
| Area | 80 - Cypress North of Katella |
| Subdivision | NA |
| City | Cypress |
| County | Orange |
| Zip Code | 90630 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Cable Connected |
|---|---|
| Parking Spaces | 6 |
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | SixteenToTwentyUnitsAcre |
|---|---|
| Foundation | Slab |
Additional Information
| Date Listed | September 4th, 2025 |
|---|---|
| Date Sold | November 3rd, 2025 |
| Days on Market | 46 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mani Dilmaghanian |
|---|---|
| Office | Rise Realty |