**Diversify Your Investment Portfolio with a 5.5% Cap Rate!** Seize this incredible investment opportunity before it’s too late! This versatile property offers market rents and combines a single-family home with an attached duplex, each featuring separate garages. Located on a spacious corner lot of approximately 7,405 square feet, this property is designed to appeal to astute investors seeking value and flexibility. The duplex boasts approximately 3,362 square feet of total living space, with each residence equipped with its own HVAC system for optimal comfort. The single-family home, situated on Grace Avenue, features three bedrooms and two bathrooms and spans approximately 1,200 square feet. The secondary dwelling on La Salle includes a three-bedroom, two-bathroom unit on the second floor and a two-bedroom, two-bathroom unit on the first floor, offering incredible flexibility for tenants or owners. Privacy and functionality are thoughtfully incorporated throughout the property. The single-family home is separated from the duplex by two finished garages, complete with drywall, ensuring privacy while showcasing quality craftsmanship. Each residence also includes its own laundry hookups for added convenience and practicality. The exterior is equally impressive, with low-maintenance landscaping that enhances curb appeal while minimizing upkeep. Whether you’re looking to expand your portfolio or secure a high-performing asset, this property offers an outstanding opportunity in the sought-after Cypress area. Don’t miss out—contact us today to learn more and make this exceptional investment yours!
Zoned for 8 Units and Huge Demand for Housing! Existing 3 Bedroom 2 Bath Single Story Home with 2 Car Garage and Penthouse 2 Bedroom Apartment with 2 Car Garage. Perfect Cypress Location Steps from Cypress High School and Cypress College. Build 6 More Residences. Contact Cypress Planning for Details and Confirmation. Owners occupied both homes for decades.
Courtesy: Team Chamberlain Realty Exe.
Cypress is located in California. Cypress, California has a population of 50,279. Cypress is more family-centric than the surrounding county with 38.68% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Cypress, California is $109,180. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Cypress is 41.2 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.
