NOT LISTED FOR SALE

4751 Grace Ave Unit 1 Cypress, CA 90630

Estimated Value: $612,000 - $1,472,000

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. 15% decrease in value since last sale

Current estimated payment $6,827/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

Est. Annual Taxes

  • $6,261

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

Est. Annual Taxes

$6,261

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 467042
  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93108401
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: one step up
  • 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
$1,189,207

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
-12.87%

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:

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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 Change Sq Ft Price
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 Compared to Growth

Source: Public Records

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

    73 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

    83 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

    66 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

This home is located at 4751 Grace Ave Unit 1, Cypress, CA 90630 since 25 July 2024 and is currently estimated at $1,189,207, approximately $396 per square foot. This property was built in 1980. 4751 Grace Ave Unit 1 is a home located in Orange County with nearby schools including Clara J. King Elementary School, Walker Junior High School, and John F. Kennedy High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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