4772 Grace Avenue Pending Save Request In-Person Tour Request Virtual Tour
Cypress,CA 90630
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $565
MLS Listing ID OC-25199323
Year Built 1964
Lot Size 10,019 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional Investment Opportunity!
A spacious 10,000+ sq ft lot, featuring 3 existing vacant value-add units plus approved plans for additional 3 new ADUs, creating a total of 6 two-bedroom units and nearly 5,000 sq ft of living space.
The new ADUs are thoughtfully designed at approx. 750 sq ft each with 2 bedrooms and 2 baths, offering substantial rental upside in a high-demand market.
All units are currently vacant; investors can break ground immediately and reposition the property for maximum returns. Adding further potential, the current zoning allows for one additional unit. This is a rare chance to combine value-add potential, cash flow, and long-term appreciation
Location
State CA
County Orange
Area 80 - Cypress North Of Katella
Interior
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Garage Spaces 3.0
Pool None
Community Features Sidewalks
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer