28 days on rocket

4891 Grace Ave, Cypress, CA, 90630

$1,899,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4891 Grace Ave, Cypress$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned
Garage4 spaces
Year Built1945
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24062619
Lot Size0.17 Acres
StatusActive

About 4891 Grace Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1945
  • Stories: 1

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (714) 580-4500
  • Listing Agent: Shelly Kay Hilliard

Interior Features

Interior Information:

  • Appliances: Electric Range, Gas Range
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s), Open Floorplan
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John F. Kennedy High School, Public District Grades 9-12
  • Walker Junior High School, Public District Grades 7-8
  • Clara J. King Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Nearest Cross Streets Moody and Crescent.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000

Tax Information:

  • Annual Amount: $5,354
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cypress, CA.

Med. Sold Price

$965K

Med. Price/SqFt

$563

Avg. Days On Market

20

# of Sold Homes

29

4891 Grace Ave vs Cypress

28 DAYS ON ROCKET

+8 Days

$1,899,000

+$934K More

KEY TAKEAWAY

This property is $934K more than the Median Sold Price in Cypress, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24062619

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (714) 580-4500
  • Listing Agent: Shelly Kay Hilliard

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,354$447,939
2020$5,330$443,346
2019$5,191$434,653
2018$5,192$426,131
2017$5,018$417,776

History based on county public records data.

Payment Calculator

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3606718
7
/10
  • Clara J. King Elementary School

  • 8710 Moody St

  • 0.19 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3606719
6
/10
  • Walker Junior High School

  • 8132 Walker St

  • 0.75 miles

  • Public District Grades 7-8

High School

school-card-donut-3606720
8
/10
  • John F. Kennedy High School

  • 8281 Walker St

  • 0.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,375. The most common annual income of people living in Cypress, CA is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaOrange CountyCypress906304891 Grace Ave

This home is located at 4891 Grace Ave in Cypress, CA and zip code 90630. This home, which was built in 1945, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $1,899,000.

In March 2024, from all listings sold in Cypress, CA there were more than 18 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price. Between February 2024 and March 2024, Cypress, CA real estate market has seen decrease in the number of listings by 13.6%. In March 2024 median list price was $965,000 and the average listing age was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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