**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!
For sale
Listing Provided by:
Shelly Kay Hilliard DRE #01968101 714-580-4500,
Coldwell Banker Realty
$1,899,990
4891 Grace Ave, Cypress, CA 90630
--beds
--baths
3,563sqft
Est.:
Triplex
Built in 1945
-- sqft lot
$1,861,400 Zestimate®
$533/sqft
$-- HOA
What's special
Curb appealCorner lotSpacious corner lotLow-maintenance landscaping
- 106 days
- on Zillow |
- 351 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 08:50am
Listing Provided by:
Shelly Kay Hilliard DRE #01968101 714-580-4500,
Coldwell Banker Realty
Source: CRMLS,MLS#: OC25020979
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Rooms
- Room types: Family Room, Kitchen, Primary Bedroom
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Gas Range, Refrigerator, Range Hood, Water Heater
- Laundry: In Garage, In Kitchen
Features
- Beamed Ceilings, Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Tile Counters, Unfurnished, Primary Suite
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 3,563
- Total interior livable area: 3,563 sqft
Property
Parking
- Total spaces: 10
- Parking features: Assigned
- Garage spaces: 4
- Carport spaces: 1
- Covered spaces: 5
- Uncovered spaces: 5
Accessibility
- Accessibility features: Parking
Features
- Levels: One,Two
- Stories: 1
- Entry location: 3
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 7,405 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 26231204
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Foundation: Combination, Slab
- Roof: Asphalt,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1945
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Sidewalks
- Subdivision: Other
Location
- Region: Cypress
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $1,487,772
- Annual tax amount: $16,694
- Date on market: 1/29/2025
- Listing terms: 1031 Exchange
- Tenant pays: Electricity, Gas
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