Katherine Jin
FRI Associated Inc
(562) 262-4737
24 Total Sales
1 in Cypress
$962,000 Price
Seller is accepting backup offers. Property is Active Under Contract and available to show. Open houses will continue as scheduled.
Guest House + Income Potential + R3 Zoning! Rare value-add opportunity set on an expansive ~0.25-acre lot in Orange County, featuring two separate residences with in-place income and strong upside potential, including the opportunity to expand to a three-unit configuration (buyer to verify). The property includes a 2,125 sq. ft. main residence with 4 bedrooms and 3 full bathrooms, offering a bright open layout, spacious living areas, and an updated kitchen with newer Viking range and Viking dishwasher—ideal for owner-occupancy or premium rental income.
The detached second residence, approximately 960 sq. ft. with 2 bedrooms and 1 bathroom, has been recently fully renovated and is currently operated as a short-term rental, with a long-established history of consistent rental income. The unit is separately metered for water, electricity, trash, and internet, and includes its own private yard and dedicated parking, creating true independence and flexibility for continued income or multigenerational living.
A major value driver is the detached 960 sq. ft. vaulted four-car garage/workshop, offering exceptional utility for storage, business use, or hobbies, with strong potential for future conversion into an additional detached single-family residence or ADU. Combined with the property’s R3 zoning, which may allow for the addition of an additional ADU, this creates a compelling opportunity to increase unit count and maximize income potential (buyer to verify zoning, permits, and feasibility with the city).
The property also features an expansive driveway with RV parking and accommodates approximately 10 vehicles, including 6 covered and 4 uncovered spaces, a rare amenity that enhances both usability and tenant appeal. Outdoor areas are designed for enjoyment and added value, featuring multiple seating areas, a newer jacuzzi, and a built-in barbecue island with Weber griddle, creating an attractive environment for both residents and guests.
Ideally located approximately 1.3 miles from highly sought-after Oxford Academy and within close proximity to nearby amenities, shopping, and major transportation corridors, this property benefits from strong rental demand in a highly desirable Orange County location.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 714-336-3255 License #02219142 Listed on: 05/02/2026
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Katherine Jin
FRI Associated Inc
(562) 262-4737
24 Total Sales
1 in Cypress
$962,000 Price
Nanette Shapiro
T.N.G. Real Estate Consultants
(657) 325-8458
18 Total Sales
1 in Cypress
$600,000 Price
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
46 Total Sales
1 in Cypress
$1,080,000 Price
Leslie Miller
Vylla Home
(424) 417-6864
19 Total Sales
1 in Cypress
$888,888 Price
Raul Padilla
The Real Estate Solution
(657) 385-7589
46 Total Sales
2 in Cypress
$565K - $665K Price Range
Vannessa Swinford
First Team Real Estate
(657) 341-0938
34 Total Sales
1 in Cypress
$632,000 Price
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Civic Center Title Services | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Grant Deed | $281,000 | Commonwealth Land Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Credit Line Revolving | |
| Open | $533,850 | Unknown | |
| Closed | $453,000 | Negative Amortization | |
| Closed | $10,000 | Credit Line Revolving | |
| Closed | $322,000 | New Conventional | |
| Closed | $292,000 | Unknown | |
| Closed | $30,000 | Unknown | |
| Closed | $257,000 | Unknown | |
| Closed | $252,900 | Purchase Money Mortgage |
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 |
|---|---|---|---|---|
| 08/25/2026 08/25/26 | Sold | $1,950,000 | -2.5% | $632 / Sq Ft |
| 05/02/2026 05/02/26 | For Sale | $1,999,000 | -- | $648 / Sq Ft |
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 | $8,180 | $698,333 | $397,869 | $300,464 |
| 2025 | $8,180 | $684,641 | $390,068 | $294,573 |
| 2024 | $7,828 | $671,217 | $382,419 | $288,798 |
| 2023 | $7,649 | $658,056 | $374,920 | $283,136 |
| 2022 | $7,561 | $645,153 | $367,568 | $277,585 |
| 2021 | $7,462 | $632,503 | $360,360 | $272,143 |
| 2020 | $7,433 | $626,018 | $356,665 | $269,353 |
| 2019 | $7,226 | $613,744 | $349,672 | $264,072 |
| 2018 | $7,130 | $601,710 | $342,815 | $258,895 |
| 2017 | $6,887 | $589,912 | $336,093 | $253,819 |
| 2016 | $6,830 | $578,346 | $329,503 | $248,843 |
| 2015 | $6,781 | $569,659 | $324,553 | $245,106 |
| 2014 | $6,422 | $558,501 | $318,196 | $240,305 |
LP
Seller's Agent in 2026
Lauren Prelesnik
Coldwell Banker Realty
(714) 336-3255
4 Total Sales
Buyer's Agent in 2026
Sarah Ireland
Ignite RE Group
(562) 810-6785
116 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26092116
APN: 262-444-04
Ask me questions while you tour the home.