4891 Grace Avenue
4891 Grace Avenue Cypress, California 90630 United States

$1,475,000
 Get directions
 
A well-maintained residential income property with 2 of 3 units vacant for an immediate upside to obtain current market rents. Sellers will consider a lease-back at $3,050.00 a month for the 3 beds / 2 baths with garage facing Grace Ave! The...

Listing Courtesy of Real Investments

$1,475,000
Change Currency
.15 Acres
Exterior
Residential Income
Property type
1946
Year Built
V1-6965
Web Id
V1-6965
MLS ID
Cypress North of Katella
Subdivision
Cypress Elementary
School District
17
days ago
This Property is Currently Under Contract

About 4891 Grace Avenue

A well-maintained residential income property with 2 of 3 units vacant for an immediate upside to obtain current market rents. Sellers will consider a lease-back at $3,050.00 a month for the 3 beds / 2 baths with garage facing Grace Ave! The duplex total approx. sf is 3,362 sits on a corner lot of approx. 6,372 sf. Buyer to verify SF. The additional 2-level dwelling was built in December of 1998. All units have HVAC. Property consists of (two) 3 beds / 2 baths units with 2 garages and (one) unpermitted 2 beds / 2 baths unit with a carport. Original home facing Grace Ave is approx.1,120 sf, the 8601 La Salle 1st level is approx. 1,106 sf and 2nd level is approx. 1,125 sf. The 1st floor unit facing La Salle was permitted as a large bonus room and was later converted to an unpermitted 2 beds / 2 baths with a kitchen. The original home on Grace Ave is separated by 2 garages from the 2nd dwelling addition. The 1st floor unit and the 2nd floor unit have separate entry doors for privacy with quality kitchens. Garages are finished with drywall. The exterior landscape is attractive with minimal maintenance. New carpet in the 2 combined dwellings and the Grace Ave's carpet is 2 years installed. Two electric meters, two gas meters and two water meters. 1 meter each for 4891 Grace and 1 meter each that services both the 1st and 2nd level dwelling on 8601 La Salle St. Install micro sub-metering Bluetooth enabled devices to bill each tenant on the La Salle Units.

Listing Courtesy of Real Investments, THE MLS

Amenities

  • Dishwasher

features

cooling
Central Air
Additional Listing Type
In Contract

Listing Courtesy of Real Investments

Contact Agent