4891 Grace Avenue, Cypress, California 90630, Cypress, 90630 - 0 bed, 0 bath
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Cypress, California 90630
This Triplex Income Property is a High-Potential Investment Opportunity, listed at $1,784,000. The price is positioned accurately at the $1,784,000 Fair Market Value, providing a stable foundation for this 5% Cap Rate asset. Despite a Fair Condition Rating, the property offers significant utility with a single-family home and attached duplex on a 7,405 sq. ft. corner lot. Each unit features independent HVAC and private garages, ensuring strong rental demand in prime Cypress. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4891 Grace Avenue Subject | $1,784,000* List Price | 0 | 0 | 3,563 | $501 | - |
A 4772 Grace Avenue Sold | $1,505,000 | 0 | 0 | 2,650 | $568 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1945, shows signs of regular upkeep with fresh paint and newer carpeting. However, the kitchen features dated tile countertops, light wood cabinets, white appliances, and an old fluorescent light fixture. The bathroom also presents an older style with a wood vanity, strip lighting, and sliding shower doors. While functional and clean, these areas require significant updates to meet current aesthetic and quality standards, aligning with a 'fair' condition where major components are functional but show signs of being outdated and require minor updates.
The property boasts a solid 5% Cap Rate and is explicitly marketed as an 'exceptional investment opportunity' with 'stability and growth potential' in a prime location.
Comprising a single-family home and an attached duplex (triplex), this versatile property offers diversified income streams and strong market rents from multiple tenants.
Situated in 'prime Cypress,' the property benefits from an ideal location close to top-rated schools, major transportation routes, and shopping, enhancing tenant appeal and long-term value.
Built in 1945, the property is quite old, which may imply potential for aging infrastructure, systems, or deferred maintenance that could require future capital expenditures.
While 'quality craftsmanship' is mentioned for garage separation, the description does not detail comprehensive modern renovations across all living units, suggesting a new owner might incur costs for updates or modernization to maintain competitive rents.
The property details explicitly state 'view: None,' indicating it does not offer any particular scenic or desirable views, which could be a missed opportunity for added value compared to properties with such features.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,563 | 2,922 | 60% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $1.78M | $1.59M | 60% |
| Price per sq ft | $501 | $568 | 40% |
| Built year | 1945 | 1964 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 218 | 230 | 40% |
Mar 17, 2026
$1,784,000
$1,799,000
-1% Price Drop
Initial Listing
Sep 16, 2025
$1,799,000
Initial Listing
Dec 27, 2021
$1,430,000
Public Record
Nov 3, 1994
$238,000
Public Record