4891 Grace Avenue, Cypress, CA 90630
  • MLS#: OC24128885 ( Triplex )
  • Street Address: 4891 Grace Avenue
  • Viewed: 23
  • Price: $1,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 0
  • Days On Market: 211
  • Additional Information
  • County: ORANGE
  • City: Cypress
  • Zipcode: 90630
  • Subdivision: Other (othr)
  • Provided by: Coldwell Banker Realty
  • Contact: Shelly Kay Shelly Kay
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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 Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Appliances
  1. Gas & Electric Range
Architectural Style
  1. Cottage
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3563.00
Carport Spaces
  1. 2.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
  2. End Unit
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 185
Current Financing
  1. Conventional
Electric Expense
  1. 0.00
Entry Location
  1. 1 floor
Fireplace Features
  1. None
Flooring
  1. Carpet
  2. Laminate
  3. Tile
Foundation Details
  1. Combination
Fuel Expense
  1. 1200.00
Garage Spaces
  1. 4.00
Gardner Expense
  1. 600.00
Heating
  1. Central
  2. Forced Air
Insurance Expense
  1. 3600.00
Interior Features
  1. Ceiling Fan(s)
  2. Open Floorplan
Laundry Features
  1. Gas & Electric Dryer Hookup
  2. In Garage
  3. In Kitchen
Levels
  1. One
  2. Two
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
  2. Corner Lot
Netoperatingincome
  1. 85840.00
Newtaxesexpense
  1. 19000.00
Number With Patio
  1. 10
Parcel Number
  1. 26231204
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 2164
Property Type
  1. Triplex
Property Condition
  1. Turnkey
Roof
  1. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 417620397:CRM
Spa Features
  1. None
Subdivision Name Other
  1. n/a
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalexpenses
  1. 30060.00
Trash Expense
  1. 360.00
Uncovered Spaces
  1. 3.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
View
  1. None
Views
  1. 23
Water Sewer Expense
  1. 3000.00
Water Source
  1. Public
Year Built
  1. 1945
Year Built Source
  1. Assessor