$1,505,000

Est. payment -/mo

$1,498,000

0.5%

Est.Price: ?

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4772 Grace Avenue Cypress, CA 90630

6 Beds

10,019 Sqft Lot

SOLD DATE : 11/03/2025

Key Details

Sold Price $1,505,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC25199323

Bedrooms 6

Lot Size 10,019 Sqft

Property Sub-Type Res Income 2-4 Units

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