$1,899,000

4891 Grace Avenue, Cypress 90630

8

Beds

6

Baths

7,405

Lot Size

3

# Of Units

Listing Agent
Shelly Kay Hilliard - Coldwell Banker Realty

Diversify your investment portfolio 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.

Facts & Features

MLS® # OC24062619
Price $1,899,000
Bedrooms 8
Bathrooms 6.00
Lot Size 7,405
Year Built 1945
Type Residential Income
Sub-Type Triplex
Style Cottage
Status Active
# Of Units 3

Community Information

Address 4891 Grace Avenue
Area 80 - Cypress North of Katella
Subdivision n/a
City Cypress
County Orange
Zip Code 90630

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Phone Available
Parking Spaces 9
Parking Assigned
# of Garages 4
Garages Assigned
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet, Laminate, Tile
Interior Features Ceiling Fan(s), Open Floorplan
Appliances Electric Range, Gas Range
Heating Central, Forced Air
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One, Two

Exterior

Exterior Features Rain Gutters
Lot Description 0-1 Unit/Acre, Corner Lot
Roof Shingle
Foundation Combination

Additional Information

Date Listed March 29th, 2024
Days on Market 28
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentShelly Kay Hilliard
OfficeColdwell Banker Realty

Listing Map

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