Bought with Mary Bach-Nguyen • Laus Deo Real Estate
$1,505,000
$1,498,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
4772 Grace Avenue Cypress, CA 90630
2,650 SqFt
Key Details
Sold Price $1,505,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $567
MLS Listing ID CROC25199323
Year Built 1964
Lot Size 10,019 Sqft
Property Sub-Type Triplex
Property Description
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
Location
State CA
County Orange
Interior
Laundry Gas Dryer Hookup, Other
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