NOT LISTED FOR SALE

4751 Grace Ave Unit 1 Cypress, CA 90630

Estimated Value: $600,000 - $1,505,000

6 Beds
1 Bath
2,998 Sq Ft
9,583 Sq Ft Lot

Last Sold July 24, 2024

Last sale price $1,401,125 $467 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,268/month

Highlights

  • Lawn
  • Laundry Room
  • Central Heating and Cooling System
  • Clara J. King Elementary School Rated A-

About This Home

As of July 2024

Rare opportunity to purchase 3 units (4751,4755,4761), built on a condo map, all with separate APNs and countless possibilities. Well maintained units with very strong occupancy. These units feature 2 story design each with private patios, assigned onsite parking space, and 1 car garage space for each unit. The property also has a coin laundry facility and plenty of space to add additional units to the community. Split and sell each townhome or continue to manage/lease and maximize cashflow.

Last Agent to Sell the Property

Michelle Lynch

Compass Brokerage Phone: 714-732-7575 License #01476112 Listed on: 07/25/2024

Compass

Last Buyer's Agent

Aaron Mills

Compass Newport Beach License #01294828

Compass Newport Beach

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall
  • Lawn
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6 Bedrooms
  • 2,998 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11150
  • Assessor Parcel Number 93108401
  • $374 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93108401
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 467.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 9583.20
  • Lot Size Acres: 0.2200
  • Latitude Manual: 33.83727400

Multi Family

  • Lot Size Area: 0.2200 Acres
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Other Income Description: listed on Loopnet
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1101.11
  • Tax Lot: 1
  • Tax Tract Number: 11150
  • TaxOtherAnnualAssessmentAmount: 374.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Nguyen Hoang Bruce and Trinh Wanda Oanh
Bought by
Sam E-Commerce Llc
Current Estimated Value
$1,105,333

Purchase Details

Listed on
Jul 25, 2024
Closed on
Jul 8, 2024
Sold by
Ybarra Richard L
Bought by
Nguyen Hoang Bruce and Trinh Wanda Oanh
Seller's Agent
Michelle Lynch
Compass
Buyer's Agent
Aaron Mills
Compass Newport Beach
List Price
$1,401,125
Sold Price
$1,401,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.53%

Purchase Details

Closed on
Nov 19, 2021
Sold by
Ybarra Richard L and Francisco Ybarra Living Trust
Bought by
Ybarra Richard L

Purchase Details

Closed on
Feb 28, 2002
Sold by
Ybarra Francisco
Bought by
Ybarra Francisco and The Francisco Ybarra Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sam E-Commerce Llc -- None Listed On Document
Sam E-Commerce Llc -- None Listed On Document
Nguyen Hoang Bruce $1,401,500 Chicago Title
Ybarra Richard L -- None Available
Ybarra Francisco -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 For Sale $1,401,125 0.0% $467 / Sq Ft
07/24/2024 07/24/24 Sold $1,401,125 -- $467 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,261 $575,000 $480,589 $94,411
2024 $6,261 $541,008 $460,596 $80,412
2023 $6,119 $530,400 $451,564 $78,836
2022 $6,049 $520,000 $442,709 $77,291
2021 $1,983 $147,556 $56,857 $90,699
2020 $1,973 $146,043 $56,274 $89,769
2019 $1,925 $143,180 $55,171 $88,009
2018 $1,900 $140,373 $54,089 $86,284
2017 $1,840 $137,621 $53,028 $84,593
2016 $1,824 $134,923 $51,988 $82,935
2015 $1,809 $132,897 $51,207 $81,690
2014 $1,721 $130,294 $50,204 $80,090
Source: Public Records

Agents Affiliated with this Home

  • Michelle Lynch

    Seller's Agent in 2024

    Michelle Lynch

    Compass

    (714) 732-7575

    2 in this area

    74 Total Sales

    Michelle Lynch
    Section Image
  • Aaron Mills

    Buyer's Agent in 2024

    Aaron Mills

    Compass Newport Beach

    (714) 270-2424

    2 in this area

    87 Total Sales

    Aaron Mills
    Section Image
  • Heather Gapik

    Buyer Co-Listing Agent in 2024

    Heather Gapik

    Compass Newport Beach

    (714) 595-7670

    2 in this area

    74 Total Sales

    Heather Gapik
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24153336

California Regional Multiple Listing Service (CRMLS)

APN: 931-084-01

California Orange County Cypress 90630

4751 Grace Ave Unit 1, Cypress, CA

Not Listed for Sale

Condos

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