4891 Grace Avenue
$1,950,000
8
6
3,563
3,563
$547
Description
Diversify your investment portfolio 5.5% 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...Diversify your investment portfolio 5.5% 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.
- Listed by Shelly Kay Hilliard • DRE #01968101 • Brokerage DRE #00616212 • Coldwell Banker Realty • 714-580-4500
Property Details for 4891 Grace Avenue
Architectural Style
Cottage
ViewNone
Parking Spaces Total9
Private PoolNo
Cooling TypeCentral Forced Air
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
LISTING UPDATED: 07/30/2024 08:50 AM
Property Details for 4891 Grace Avenue
Status | Active |
---|---|
MLS # | OC24128885 |
Days on Market | 176 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1945 |
Lot Size | 0.17 AC / 7,405 SF |
County | Orange County |
Building Information for 4891 Grace Avenue
Stories1Residences-Year Built1945Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 4891 Grace Avenue
Property History for 4891 Grace Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4891 Grace Avenue
Taxable ValueLand$1,212,084Additions$275,688Total$1,487,772
Tax Record2024$16,695 ($1,391 / month)
Home Facts
Beds2Total Finished SqFt1,052 SqFtAbove Grade Finished SqFt1,052 SqFtStories1Lot Size6,831 SqFtStyleSingle Family ResidenceYear Built1946CountyORANGEAPN262-312-04
Schools near 4891 Grace Avenue
This home is within Cypress Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Clara J. King Elementary School PublicK to 6 | ||
Walker Junior High School Public7 to 8 | ||
John F. Kennedy High School Public9 to 12 | ||
Oxford Academy Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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