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
Sold for $1,505,000
Listed by: Rise Realty • Mani Dilmaghanian • Contact: 866-344-7473
Bought with: Laus Deo Real Estate
$1,505,000
4772 Grace Ave, Cypress, CA 90630
6beds
3baths
2,650sqft
Triplex
Built in 1964
-- sqft lot
$-- Zestimate®
$568/sqft
$3,786 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,786/mo
Zestimate® history
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$9,446/mo
Est. payment
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$9,446/mo
Est. payment
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Vacant value-add units
Zillow last checked:
Listing updated:
Listed by:
Mani Dilmaghanian DRE #02064018 866-344-7473,
Rise Realty
Bought with:
Mary Bach-Nguyen, DRE #02218419
Laus Deo Real Estate
Source: CRMLS,MLS#: OC25199323
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Appliances
- Laundry: Washer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,650
- Total interior livable area: 2,650 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1st
- Pool features: None
Lot
- Size: 10,019 Square Feet
- Dimensions: 50 x 200
- Features: 16-20 Units/Acre
Details
- Parcel number: 26232103
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Foundation: Slab
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Na
Location
- Region: Cypress
Financial & listing details
- Price per square foot: $568/sqft
- Tax assessed value: $76,966
- Annual tax amount: $1,618
- Date on market: 9/4/2025
- Cumulative days on market: 46 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2025 | Sold | $1,505,000+0.5%$568/sqft |
Source:  CRMLS #OC25199323 Report a problem | ||
| 10/21/2025 | Pending sale | $1,498,000$565/sqft |
Source: CRMLS #OC25199323 Report a problem | ||
| 10/3/2025 | Price change | $1,498,000-5.2%$565/sqft |
Source: CRMLS #OC25199323 Report a problem | ||
| 9/5/2025 | Listed for sale | $1,580,000+12.5%$596/sqft |
Source: CRMLS #OC25199323 Report a problem | ||
| 3/25/2025 | Sold | $1,405,000-6.3%$530/sqft |
Source: Public Record Report a problem | ||
| 2/22/2025 | Contingent | $1,500,000$566/sqft |
Source:  CLAW #25495861 Report a problem | ||
| 2/10/2025 | Listed for sale | $1,500,000$566/sqft |
Source: CLAW #25495861 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,618 +4% | $76,966 +2% |
| 2024 | $1,556 +2.8% | $75,457 +2% |
| 2023 | $1,514 +2% | $73,978 +2% |
| 2022 | $1,484 +1.3% | $72,528 +2% |
| 2021 | $1,465 +0.7% | $71,106 +1% |
| 2020 | $1,455 | $70,377 +2% |
| 2019 | $1,455 +1.6% | $68,998 +2% |
| 2018 | $1,432 +3.9% | $67,646 +2% |
| 2017 | $1,378 | $66,320 +2% |
| 2016 | $1,378 +1% | $65,020 +1.5% |
| 2015 | $1,365 +5.2% | $64,044 +2% |
| 2014 | $1,297 | $62,790 +0.5% |
| 2013 | -- | $62,507 +2% |
| 2012 | -- | $61,282 +2% |
| 2011 | -- | $60,081 +0.8% |
| 2010 | -- | $59,632 -0.2% |
| 2009 | -- | $59,775 +2% |
| 2008 | -- | $58,603 +2% |
| 2007 | -- | $57,454 +2% |
| 2006 | -- | $56,328 +2% |
| 2005 | -- | $55,224 +2% |
| 2004 | -- | $54,142 +1.9% |
| 2003 | -- | $53,150 +2% |
| 2002 | -- | $52,108 +2% |
| 2001 | $684 +2% | $51,087 +2% |
| 2000 | $671 | $50,086 |
Find assessor info on the county website
Neighborhood: 90630
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Nearby schools
GreatSchools rating
- 8/10Clara J. King Elementary SchoolGrades: K-6Distance: 0.3 mi
- 4/10Walker Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 9/10John F. Kennedy High SchoolGrades: 9-12Distance: 0.6 mi
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- California
- Orange County
- Cypress
- 90630
- 4772 Grace Ave
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