
Cypress, California 90630
This Triplex Residential Income Asset represents a Strong Value Opportunity, listed at $1,500,000—positioned well below the $1,567,660 Fair Market Value by 4%. This valuation gap offers $67,660 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern upgrades like Granite Kitchens and Updated Electrical Panels. The detached configuration on a 10,162 sqft lot ensures high tenant privacy. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a prime Cypress location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8783 La Salle Street Subject 0 bd · 0 ba · 2,930 sqft · $535 | $1,500,000* List Price | 0 | 0 | 2,930 | $535 | - |
A 9089 9091 Watson Street Active 0 bd · 0 ba · 2,581 sqft · $589 · 0.6 mi | $1,520,000 List Price | 0 | 0 | 2,581 | $589 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property has undergone significant renovations within the 5-15 year window, including granite countertops, updated cabinetry, and modern laminate/vinyl flooring. Key systems are well-maintained with water heaters replaced between 2017-2022, updated electrical panels, and dual-pane windows, making it move-in ready.
The property features three completely detached houses on a single large lot, providing tenants with superior privacy and individual yard spaces compared to traditional shared-wall apartments.
The availability of seller financing offers a significant advantage for investors, potentially providing more accessible terms or creative entry points in a competitive lending environment.
Situated on a spacious 10,162 sqft flat lot at the end of a quiet cul-de-sac, the property is ideally located near Cypress College, major retail centers, and the 605 freeway.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2930, other record living area = 1030.
Each of the three units contains only one bathroom, which may limit rental upside and appeal for larger families, particularly for the three-bedroom front residence.
With an original build date of 1952, the property may require more frequent maintenance or future capital improvements to aging systems despite recent cosmetic updates and water heater replacements.
Opportunity Pride of Ownership in Cypress 8777-8783 La Salle St, Cypress features 3 detached houses/ income property units on a large 10,162 flat lot on quiet cul-de-sac street! 8777 is a 3 bed, 1 bath front house with front yard, vinyl wood floors, bathroom with upgraded shower tiles, dual pane windows, 2019 water heater, wall furnace, 2 parking spaces (1 in front, 1 in back). 8779 is a 2 bed, 1 bath house (middle house) with Spanish style archways, forced air heating, update electrical panel, laminate wood floors, granite counters and updated cabinets in the kitchen, laundry room with water heater (water heater 2017), upgraded shower and tub in the bathroom, 1 carport parking space. 8783 is a 2 bed, 1 bath house (back house) featuring a private front porch, bay window, backyard lawn area, spacious living area, primary suite with attached bathroom, updated tub/ shower and tiled floor in bathroom, kitchen with tile floor, laundry room with 2022 water heater. Approximate sf of each house are: 996 sf, 1030 sf, 904 sf. Plus a detached 2 car garage in the back - approximately 440 sf. Excellent Cypress location with easy access to Buena Park Marketplace Shopping Center, Target, Home Depot, Walmart, Knott’s Berry Farm, Cypress College, the 605 freeway and more. Seller Carryback Financing is available! Seller will carry the note. Excellent opportunity for buyer! Capture this amazing opportunity today.
No exterior & parking available.
No sensitive facilities data found.
Sep 7, 2026
$1,500,000
Initial Listing