4772 Grace Avenue, Cypress, CA 90630

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Sold Price
$1,505,000
List Price
$1,498,000
Status
CLOSED
Days on Market
46
Closing Date
Nov 03, 2025
MLS#
OC25199323
Subtype
Residential Income
Year Built
1964
Lot Size
10,019
Acres
0.23
Subdivision
Na
Neighborhood
Na
MLS Area Major
Cypress North of Katella (80)

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

Additional Information

Stories
One Level
Levels
One
Pool Type
None
Garage Spaces
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mani Dilmaghanian (mani1984ca@gmail.com) from Listing Office: Rise Realty.

Selling Office: Laus Deo Real Estate.

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.