
Cypress, California 90630
This Detached Dual-Unit Income Property is listed at $1,500,000, offering a rare multi-dwelling configuration on an Expansive 10,019 Sq Ft Lot. While the price sits above the $1,316,121 Fair Market Value, the asset features two permitted, free-standing homes with Private Garages and Updated Electrical Systems. Despite a Condition Rating of 4 reflecting its 1942 vintage, the significant lot size presents substantial Value-Add Potential for ADU expansion. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on Cypress’s high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8762 8764 La Salle Subject | $1,500,000* List Price | 0 | 0 | 1,900 | $693 | - |
A 5631 Danny Avenue Sold | $1,090,000 | 0 | 0 | 1,822 | $598 | 0.7 mi |
B 4772 Grace Avenue Sold | $1,505,000 | 0 | 0 | 2,650 | $568 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, the property shows clear signs of age with weathered stucco and unmaintained landscaping. While the listing mentions updates to windows and electrical systems, the exterior appearance and vintage construction indicate the property is functional but outdated, requiring cosmetic updates and modernization to meet current standards.
The property features two completely free-standing houses with separate addresses and private garages, offering maximum privacy and appeal for both owner-occupants and potential tenants.
Situated on a generous 10,019 square foot lot, this property provides significant outdoor space and substantial potential for future expansion or ADU development.
Recent updates to windows and electrical systems, combined with a history of owner-occupancy, indicate a well-maintained asset with reduced immediate capital expenditure requirements.
Built in 1942, the structures may require ongoing maintenance or further modernization to address the inherent challenges of older plumbing and foundational components.
With a list price of $1.5 million for 1,900 total square feet, the property commands a high price per square foot that may challenge appraisal values for some financing options.
TWO FREE STANDING HOUSES WITH PRIVATE YARDS AND GARAGES WERE OWNER OCCUPIED, UPDATES TO WINDOWS AND ELECTRICAL, PERMITTED FOR THE TWO UNITS THAT OCCUPY SEPERATE ADRESSES
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 | 1,900 | 2,650 | 40% |
| Lot Size | 10,019 | 7,825 | 60% |
| Price | $1.50M | $1.50M | 40% |
| Price per sq ft | $789 | $598 | 80% |
| Built year | 1942 | 1964 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 230 | 20% |
Mar 19, 2026
$1,500,000
Initial Listing