
Cypress, California 90630
This 4-unit High-Potential Investment Opportunity is listed at $1,750,000, positioned well below the $1,782,355 Fair Market Value by 1.8%. This valuation gap offers $32,355 in Instant Equity. Featuring a Condition Rating of 3, the property includes recent capital improvements like 2022 roofs and windows. Its unique unit mix, including a detached 3-bed residence, ensures strong rental demand near top-rated schools and the redeveloped Arnold Cypress Park. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5412 5418 Crescent Avenue Subject 0 bd · 0 ba · 3,629 sqft · $491 | $1,750,000* List Price | 0 | 0 | 3,629 | $491 | - |
A 8783 La Salle Street Active 0 bd · 0 ba · 2,930 sqft · $512 · 0.6 mi | $1,500,000 List Price | 0 | 0 | 2,930 | $512 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1964, the property has undergone significant recent capital improvements including new roofs and windows in 2022. With one unit fully renovated in 2022 and new flooring in the single-family residence in 2024, the property is well-maintained and functional for immediate occupancy.
The property features significant recent upgrades including new roofs and windows (2022) and interior renovations, reducing immediate capital expenditure requirements for a new investor.
The inclusion of a detached 3-bedroom single-family residence with a private yard alongside the triplex provides a unique rental offering that appeals to long-term family tenants.
Situated directly across from top-rated schools and steps from the newly redeveloped Arnold Cypress Park, the location ensures high tenant demand and long-term desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3629, other record living area = 1027.
The reliance on tandem surface parking in front of single-car garages may be less desirable for modern households with multiple vehicles, potentially impacting ease of access.
Built in 1964 and held by the same owner for over 50 years, the property may require further updates to aging systems like plumbing or electrical that were not addressed in recent renovations.
5412 - 5418 Crescent Avenue is a 4-unit multifamily investment property located in Cypress, California. Offered for the first time in more than 50 years, 5412 - 5418 Crescent Avenue consists of 2 single-story buildings on an approximately 0.24-acre parcel. Built in 1964, the property contains approximately 3,629 net rentable square feet and features a unit mix of 3 2-bed/1-bath units and 1 3-bed/1.5-bath single-family residence, offering spacious floor plans suited to a variety of households. The front triplex includes 3 street-facing single-car garages, with sufficient setback to accommodate a tandem surface parking space in front of each. The detached rear 3-bed/1.5-bath home has its own single-car garage, an additional tandem surface space and a private backyard, offering residents greater privacy and dedicated outdoor space. All 4 residences feature in-unit laundry hookups and individual water heaters. Ownership has also completed several recent improvements, including replacement of the property’s roofs and windows in 2022, along with renovations to Unit 5412 that same year and new flooring in the single-family residence in 2024. These upgrades address major building components while helping improve the property’s overall condition and resident appeal. The property’s immediate surroundings further complement its larger floor plans. 5412 - 5418 Crescent Avenue directly faces John F. Kennedy High School and the adjacent Walker Junior High School, placing both campuses within convenient walking distance, while Cypress College is just a short drive away. Less than 500 feet from the property, Arnold Cypress Park reopened in May 2025 following a substantial redevelopment by the City of Cypress, providing residents with upgraded recreational amenities within a short walk.
No exterior & parking available.
No sensitive facilities data found.
Oct 15, 2026
$1,750,000
Initial Listing