Seller's Agent in 2025
Mani Dilmaghanian
Rise Realty
(949) 307-1499
1 in this area
4 Total Sales
4772 Grace Ave Cypress, CA 90630
6
Beds
3
Baths
2,650
Sq Ft
10,019
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Clara J. King Elementary School Rated A-
About This Home
As of November 2025Exceptional 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
| 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 | $1,557 | $76,966 | $22,094 | $54,872 |
| 2024 | $1,557 | $75,457 | $21,660 | $53,797 |
| 2023 | $1,514 | $73,978 | $21,235 | $52,743 |
| 2022 | $1,484 | $72,528 | $20,819 | $51,709 |
| 2021 | $1,465 | $71,106 | $20,410 | $50,696 |
| 2020 | $1,455 | $70,377 | $20,200 | $50,177 |
| 2019 | $1,432 | $68,998 | $19,804 | $49,194 |
| 2018 | $1,414 | $67,646 | $19,416 | $48,230 |
| 2017 | $1,378 | $66,320 | $19,035 | $47,285 |
| 2016 | $1,365 | $65,020 | $18,662 | $46,358 |
| 2015 | $1,350 | $64,044 | $18,382 | $45,662 |
| 2014 | $1,297 | $62,790 | $18,022 | $44,768 |
Source: Public Records
Agents Affiliated with this Home
-
Mani Dilmaghanian
-
Bita Goodman
Seller's Agent in 2025
Bita Goodman
Sotheby's International Realty
(310) 242-3422
1 in this area
22 Total Sales
-
Sherri Kashanian
Seller Co-Listing Agent in 2025
Sherri Kashanian
Extar
(310) 315-9622
1 in this area
11 Total Sales
-
M
Buyer's Agent in 2025
Mary Bach-Nguyen
Laus Deo Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25199323
APN: 262-321-03
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 4891 Grace Ave
- 8762 La Salle St
- 8521 Via Tina
- 8342 Fontainbleau Way
- 4842 Sapphire Way
- 8615 York Cir
- 4502 Petite Ln
- Plan 1 - The Alder at Madera Walk
- Plan 3- the Cedar at Madera Walk
- Plan 2- The Oak at Madera Walk
- 9016 Kimberly Ln
- 9066 Candlestick Ln Unit 5
- 4823 Fieldbrook Ln Unit 24
- 4581 Trafalgar Dr
- 5201 Del Serra Cir
- 12750 Centralia St Unit 191
- 9220 Whitney Way
- 21108 Wilder Ave
- 9080 Bloomfield Ave Unit 31
- 9080 Bloomfield Ave Unit 257
Your Personal Tour Guide
Ask me questions while you tour the home.