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La Palma, CA Multifamily Home for Sale

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    $1,899,990

    • 8 Beds
    • 6 Baths
    • 3,563 Sq Ft

    4891 Grace Ave, Cypress, CA 90630

    **Diversify Your Investment Portfolio with a 4% 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

    Shelly Hilliard Coldwell Banker Realty

    4891 Grace Ave, Cypress, CA 90630

Why Live in La Palma

La Palma, CA, is a small city in northwest Orange County, covering just 1.83 square miles and home to nearly 16,000 residents. Despite its size, La Palma features its own police department, hospital, and library, providing a sense of community and convenience. The city offers a range of housing styles, including minimal traditional, prairie, and ranch-style homes from the 1960s and 1970s, as well as Spanish-style homes from the 1990s and 2000s. These homes are situated on well-manicured lots with landscaped front yards and short driveways. La Palma is known for its highly rated schools, such as John F. Kennedy High, Steve Luther Elementary School, and Walker Junior High School. Central Park is a focal point, offering lighted tennis and basketball courts, a softball field, playgrounds, and an amphitheater for community events. Dining options include local favorite Mhat Korean Restaurant and familiar chains like In-N-Out. The city is conveniently located near CA-91, providing easy access to Disneyland (10 miles), the Pacific Ocean (11 miles), and downtown Los Angeles (20 miles).

Home Trends in La Palma, CA

Housing Trends

Median Sale Price
$1,151,000
Median Single Family Sale Price
$1,199,000
Average Price Per Sq Ft
$581
Number of Homes for Sale
9
Last 12 months Home Sales
67
Months of Supply
1.60
Median List Price
$1,199,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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