8622 Watson, Cypress, CA 90630
- $1,850,000
- Sold Price
- $1,850,000
- List Price
- $2,293,000
- Closing Date
- Jul 22, 2026
- Status
- CLOSED
- MLS#
- RS26053694
- Year Built
- 1957
- Lot Size
- 15,000
- Acres
- 0.34
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 62
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- Cypress
Property Description
*DO NOT DISTURB TENANTS* This is an exceptional investment opportunity on an expansive 15,000 sq ft lot featuring five charming 2-bedroom, 1-bath bungalow-style units. Each unit has been tastefully remodeled, offering updated interiors that appeal to today’s tenants while maintaining the classic bungalow character. Improvements include modernized kitchens and baths, refreshed flooring, and updated finishes throughout. Each unit has it's own outdoor space, to BBQ, entertain or just enjoy the sunshine. The large lot allows for excellent spacing between units, creating a comfortable and private residential environment rarely found in multi-unit properties. In addition to attached, private garages for each unit, the property also offers 4 off-street spaces along the driveway and public street parking. This amazing property sits directly across the street from the newly improved Arnold Cypress Park, providing tenants with immediate access to open green space, recreation, and neighborhood amenities. With strong rental appeal, a highly desirable location, and multiple standalone bungalow units, this property presents an outstanding opportunity for investors seeking stable income with long-term upside potential. Zoned RM15, this sizable parcel also offers future development or expansion possibilities (buyer to verify with the city). Ideally suited for investors looking to add a well-maintained, high-demand multi-unit property to their portfolio.
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Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- Park/Greenbelt, Neighborhood
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $84,600
- Operating Expense
- 9146
Listing courtesy of Listing Agent: Jennifer Ciaramitaro (jenniferfunkinvestments@gmail.com) from Listing Office: Fiv Realty Co.
Listing sold by Jennifer Ciaramitaro from Fiv Realty Co
Mortgage Calculator
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.