$1,505,000
SOLD NOV 3, 2025

4772 Grace Ave Cypress, CA 90630

6 Beds
3 Baths
2,650 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$568 Per Sq Ft

5% Below List Price

46 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Clara J. King Elementary School Rated A-

About This Home

As of November 2025

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

Last Agent to Sell the Property

Mani Dilmaghanian

Rise Realty License #02064018 Listed on: 09/04/2025

Last Buyer's Agent

Mary Bach-Nguyen

Laus Deo Real Estate License #02218419

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50x200
  • No Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 26 / D
  • Tax Tract Number 489
  • Assessor Parcel Number 26232103
  • $738 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 26232103
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 567.92

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size: 50x200
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 884 Square Feet
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: D
  • Tax Census Tract: 1101.11
  • Tax Lot: 26
  • Tax Tract Number: 489
  • TaxOtherAnnualAssessmentAmount: 738.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Sold $1,505,000 +0.5% $568 / Sq Ft
10/20/2025 10/20/25 Pending -- -- --
10/03/2025 10/03/25 Price Changed $1,498,000 -5.2% $565 / Sq Ft
09/04/2025 09/04/25 For Sale $1,580,000 +12.5% $596 / Sq Ft
03/25/2025 03/25/25 Sold $1,405,000 -6.3% $397 / Sq Ft View Prior Sale
02/21/2025 02/21/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $1,500,000 -- $423 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25199323

California Regional Multiple Listing Service (CRMLS)

APN: 262-321-03