4772 Grace Avenue, Cypress, CA 90630
- $1,505,000
- Sold Price
- $1,505,000
- List Price
- $1,498,000
- Closing Date
- Nov 03, 2025
- Status
- CLOSED
- MLS#
- OC25199323
- Year Built
- 1964
- Lot Size
- 10,019
- Acres
- 0.23
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 46
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- Na
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
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: Mani Dilmaghanian (mani1984ca@gmail.com) from Listing Office: Rise Realty.
Listing sold by Mary Bach-Nguyen from Laus Deo Real Estate
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.