
Cypress, California 90630
This Value-Add Single-Family Residence is listed at $950,000, representing a strategic acquisition in a high-demand Cypress corridor. While the $827,740 Fair Market Value reflects its current Poor Condition Rating, the property offers significant forced appreciation potential through a full interior modernization. The expansive 7,200 sqft Lot and access to the nationally ranked Oxford Academy within the Anaheim Union High School District provide a strong foundation for long-term ROI. This project is a prime candidate for Fix-and-Flip Investors or Contractors looking to capitalize on a premium interior location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8342 Fontainbleau Way Subject | $950,000* List Price | 3 | 2 | 1,218 | $696 | - |
A 4792 New Mexico Sold | $1,000,000 | 4 | 2 | 1,576 | $635 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is significantly dated. The kitchen features original-style wood cabinets, laminate countertops, a dated double-basin sink, and older white appliances (dishwasher, gas range, microwave), all of which require a full renovation. The bathroom is also highly outdated with 1960s/70s checkered wall tiles, a basic vanity, and a wooden toilet seat. While the home appears functional, the interior condition, particularly the kitchen and bathrooms, demands substantial rehabilitation and modernization, aligning with the 'poor' condition criteria for properties requiring extensive updates and likely major system replacements due to age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1218.
Situated in a highly sought-after Cypress neighborhood with a prime interior location, known for pride of ownership, friendly neighbors, and convenient access to shopping, dining, entertainment, parks, and freeways.
Benefits from access to the highly-rated Anaheim Union High School District, including Kennedy High School and the nationally ranked Oxford Academy (testing required).
The property requires updating and personalization to meet modern tastes, indicating potential investment in renovations for a contemporary feel.
Built in 1961, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require future maintenance, repair, or replacement.
With 1,218 sqft, the interior living space is relatively modest for a 3-bedroom home, especially given the generous lot size, which might limit larger family accommodation without expansion.
Are you looking for an amazing single-story home, in one of the most highly sought after neighborhoods in Cypress, with a prime interior location? Are you looking for a home where you can come in and update it to your taste, and make it look and feel just like you want it, all while generating instant equity? If so, 8342 Fontainbleau Way in Cypress is the home for you! This amazing home features a warm and inviting entryway, 3 bedrooms, 2 bathrooms, a spacious living room complete with a cozy fireplace, a spacious dining area, a spacious kitchen with enough cabinetry and countertops for all of your needs, as well as a dishwasher, oven, microwave, and breakfast bar. In addition, the home features an abundance of windows and doors that let in a tremendous amount of natural light and cool breezes, and an attached 2 car garage with plenty of room for your cars and storage, as well as washer and dryer hookups, The exterior of the home is just as special as the home itself. With an oversized 7,200 square foot lot, the front of the home features a large driveway, a sprawling front lawn, planters, and a lovely entryway to the home. The back yard is huge, yet private, and features a large lawn, a shed, and endless possibilities. It is literally a blank slate for you to make it whatever you want. In terms of location, it really doesn't get any better than this. The home is nestled inside a true pride of ownership neighborhood where every house is well maintained, the neighbors are friendly, and the vibes are amazing. The home is conveniently located near shopping, dining, entertainment, parks, the freeway, and much more! As if that isn't enough, the schools are AMAZING! As part of the Anaheim Union High School District you have access to the highly rated Kennedy High School & nationally ranked Oxford Academy, which was just ranked as the #2 best high school in California and top 20 nationally. (testing required for entry). Don’t miss this opportunity to own your dream home! It won't last long.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,218 | 1,717 | 13% |
| Lot Size | 7,200 | 6,000 | 91% |
| Price | $950.0K | $1.15M | 23% |
| Price per sq ft | $780 | $646 | 87% |
| Built year | 1961 | 1966 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 145 | 149 | 50% |
Nov 28, 2025
$950,000
Initial Listing
Dec 29, 2004
$493,500
Public Record
Mar 24, 1993
$187,000
Public Record