8762 La Salle, Cypress, California 90630, Cypress, 90630 - 3 bed, 1 bath
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Cypress, California 90630
This Dual-Dwelling Value-Add Asset is listed at $1,500,000, positioned above the $1,258,605 Fair Market Value due to its rare income-generating configuration. Comprising Two Detached Houses on a massive 10,019 Sqft Lot, the property serves as a versatile Multigenerational Living Solution within the Anaheim Union High School District. Given the Condition Rating of 5, the 1942 construction requires comprehensive renovation to modernize systems. However, strong local demand for multi-unit lots and the Zoning Potential offer a strategic path for long-term ROI. This is an ideal acquisition for Buy-and-Hold Investors or Multi-generational Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8762 La Salle Subject | $1,400,000* List Price | 3 | 1 | 1,895 | $612 | - |
A 4792 New Mexico Sold | $1,000,000 | 4 | 2 | 1,576 | $635 | 0.2 mi |
B 9122 Windsor Circle Sold | $1,415,000 | 4 | 3 | 1,980 | $715 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this property shows significant age and a clear need for substantial renovation and modernization, as explicitly stated in the property analysis. The exterior images reveal dated aesthetics and deferred maintenance, such as an unkempt yard and a covered window. A critical functional deficiency is the presence of only one bathroom for two separate dwellings (a 3-bedroom and a 2-bedroom unit), indicating a severe lack of modern amenities and functionality. Without any mention or visual evidence of recent updates to the kitchen, bathrooms, or major systems, it's highly probable these areas are severely outdated and require extensive rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1895.
The property features two detached homes, offering a clear opportunity to live in one and rent out the other, providing significant rental income potential.
With two separate detached dwellings, this property is ideally suited for multigenerational families seeking independent living spaces while remaining close.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1895, other record living area = 1032.
Built in 1942, the property is an older construction, which may imply the need for significant updates to systems, infrastructure, and aesthetics to meet modern standards.
The property details explicitly list only one bathroom for the entire dwelling, which is a significant limitation for a property comprising two separate homes (one 3-bedroom, one 2-bedroom).
Rare opportunity Live in One of the detached houses with garage and rent the other . Great for multigenerational living . One home is three Bedrooms and the other is a 2 bedroom. Zoning may permit other uses
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,895 | 1,706.5 | 62% |
| Lot Size | 10,019 | 6,000 | 99% |
| Price | $1.40M | $1.15M | 85% |
| Price per sq ft | $739 | $655 | 72% |
| Built year | 1942 | 1965 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 114 | 75% |
Apr 27, 2026
$1,400,000
$1,500,000
-7% Price Drop
Initial Listing
Jan 7, 2026
$1,500,000
Initial Listing