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Offered For Sale

4891 Grace Avenue

#OC24128885

MLF

Built in 1945

$1,850,000

About the property

Diversify your investment portfolio 5% Cap Rate!!! Seize this exceptional opportunity before it's gone! This property offers market rents and comprises a single-family house paired with an attached Duplex, complete with separate garages. Situated on a corner lot spanning approximately 7,405 square feet, it's a haven for astute investors seeking versatility and value. The duplex boasts a total living space of approximately 3,362 square feet, with both the original Single Family Residence (SFR) and the secondary dwelling equipped with their own HVAC systems, ensuring optimal comfort for occupants. The SFR, nestled on Grace Ave, features three bedrooms and two bathrooms. Meanwhile, the secondary dwelling offers flexibility with a three-bedroom, two-bathroom unit and a separate two-bedroom, one-bathroom unit. Each residence boasts its own separate garage or secure gated carport, providing convenient parking options. Inside, both residences feature laundry hookups, enhancing their appeal and practicality. The SFR on Grace Ave spans approximately 1,120 square feet, while the dwelling on La Salle encompasses approximately 1,106 square feet on the first level and 1,125 square feet on the second level. Privacy and functionality are paramount, with the home on Grace Ave thoughtfully separated from the secondary dwelling by two meticulously finished garages, adorned with drywall, showcasing meticulous attention to detail throughout the property. Outside, the exterior landscape offers an inviting and low-maintenance setting, enhancing curb appeal while minimizing upkeep requirements. Moreover, the property is fully equipped with two electric meters, two gas meters, and two water meters, ensuring personalized utility tracking for each residence on Grace Ave and La Salle. Don't miss out on this exceptional investment opportunity! Contact us today to discover more and secure your future in Cypress real estate.

Features

General

  • Half Bathrooms 0
  • Real Estate Sub Type Triplex
  • Real Estate Type MLF
  • Square Feet 3,563
  • Stories 1
  • Year Built 1,945
  • Agent Name Shelly Kay Hilliard
  • Broker Id OC06716
  • Office Name Coldwell Banker Realty
  • Days On Market 1
  • Status Active
  • Agent Cell 714-580-4500

Building

  • Cooling Central Air
  • Exterior Features Rain Gutters
  • Flooring Carpet
    Laminate
    Tile
  • Foundation Combination
  • Heating Central
    Forced Air
  • Interior Features Ceiling Fan(s)
    Open Floorplan
  • Roof Shingle
  • Style Cottage

Location

  • Subdivision Other (OTHR)
  • View None

Location

Questions

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