Seller's Agent in 2025
Mani Dilmaghanian
Rise Realty
(949) 307-1499
4 Total Sales
4772 Grace Ave Cypress, CA 90630
Cypress Area
6
Beds
3
Baths
2,650
Sq Ft
10,019
Sq Ft Lot
Highlights
- No HOA
- Laundry Facilities
- 1-Story Property
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
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
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
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2025
Closed on
Oct 21, 2025
Sold by
Bought by
Seller's Agent
Mani Dilmaghanian
Rise Realty
Buyer's Agent
Mary Bach-Nguyen
Laus Deo Real Estate
List Price
$1,580,000
Sold Price
$1,505,000
Premium/Discount to List
-$75,000
-4.75%
Views
46
Purchase Details
Listed on
Feb 10, 2025
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Bita Goodman
Sotheby's International Realty
Buyer's Agent
Sherri Kashanian
Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,405,000
Premium/Discount to List
-$95,000
-6.33%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$1,225,000
Interest Rate
6.89%
Mortgage Type
Construction
Purchase Details
Closed on
May 18, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 26, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.09%
Mortgage Type
Negative Amortization
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,505,000 | Fidelity National Title | ||
| $1,405,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | Stewart Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,225,000 | ||
| Previous Owner | $110,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,620 | $1,505,000 | $1,394,063 | $110,937 |
| 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
19 Total Sales
-
Sherri Kashanian
Seller Co-Listing Agent in 2025
Sherri Kashanian
Sotheby's International Realty
(310) 315-9622
14 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
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