Cypress, CA 90630 4891 Grace Avenue
$1,784,000
9 more
Presented By: Shelly Kay Hilliard with Coldwell Banker Realty; 714-580-4500
Baths • 2
SQFT • 3,563
Garage • 4
Home Details
Solid 5% Cap Rate! Exceptional investment opportunity in prime Cypress. This versatile property sits on a 7,405 sq. ft. corner lot and offers approximately 3,362 sq. ft. of living space, featuring a single-family home plus an attached duplex—providing strong market rents and excellent tenant appeal.
Single-Family Home (Grace Ave): 1,200 sq. ft., 3BR/2BA, with an attached 2-car garage and laundry.
Duplex (La Salle): Upstairs 3BR/2BA unit includes a private 2-car garage. Downstairs 2BR/2BA unit includes a secured carport with parking for 2 cars.
Each residence offers its own HVAC system and laundry hookups for convenience and independence. The single-family home is separated from the duplex by two finished garages, complete with drywall—ensuring privacy while showcasing quality craftsmanship.
The exterior is equally impressive, with low-maintenance landscaping that boosts curb appeal while minimizing upkeep. Ideally located close to top-rated schools, major transportation routes, and shopping, this property provides tenants with comfort and convenience while offering investors stability and growth potential.
Don’t miss out—contact us today to make this exceptional 5% Cap Rate investment yours!
Presented By: Shelly Kay Hilliard with Coldwell Banker Realty; 714-580-4500
Interior Features for 4891 Grace Avenue
Other Interior Features
Air Conditioning Y/NYes
Common WallsOneCommonWall, EndUnit
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Vinyl
Heating Y/NYes
Interior AmenitiesBeamedCeilings, Balcony, CeilingFans, GraniteCounters, OpenFloorplan, TileCounters, Unfurnished, PrimarySuite
Laundry FeaturesInGarage, InKitchen
Total Stories1
Other Rooms
Entry Level1
General for 4891 Grace Avenue
AccessibilityParking
Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, GasRange, Refrigerator, RangeHood, WaterHeater
Architectural StyleCraftsman
Building Area UnitsSquareFeet
Cap Rate5
Carport Spaces1
Carport Y/NYes
CityCypress
Community FeaturesCurbs, Gutters, StreetLights, Sidewalks
Construction MaterialsStucco, WoodSiding
ContingencyBuyer to cooperate with sellers 1031 exchange.
CoolingCentralAir
CountyOrange
DirectionsBetween Lincoln Ave. and Crescent Ave.
Electric Expense
Entry Location3
Fuel Expense840
Garage Spaces4
Garage Y/NYes
Gross Income117600
HeatingForcedAir
Insurance Expense3600
Land Lease Y/NNo
LevelsOne, Two
Listing TermsExchange1031
Lot Size Square Feet7405
Lot Size UnitsSquareFeet
MLS Area80 - Cypress North of Katella
MaintenanceExpense3000
Net Operating Income88380
New ConstructionNo
Number Of Units Total3
Open Parking Spaces5
Operating Expense28620
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityCYPRESS
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision Nameother
Tax Lot14
Taxes$17,500
Tenant PaysCableTv, Electricity, Gas
Trash Expense480
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense2600
Year Built1945
Year Built SourceAssessor
Exterior for 4891 Grace Avenue
Building Area Total3563
Foundation DetailsCombination, Slab
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking10
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®