9556 Walker St Cypress, CA 90630
Cypress AreaEstimated payment $20,693/month
Highlights
- 0.35 Acre Lot
- No HOA
- 4-minute walk to Oak Knoll Park
- Juliet Morris Elementary School Rated A
- Level Lot
About This Home
9556–9568 Walker Street is a 7-unit multifamily investment located in Cypress, California. Built in 1991 and offered for sale by the original owner/developer, the property offers a rare opportunity to acquire a newer-vintage, condomapped multifamily asset in a desirable North Orange County location. The property features seven 2-bed/1.5-bath townhome units (930 sf), each with a two-story floor plan, private patio, central air and heat, and in-unit laundry hookups. The units have been updated with quartz countertops, vinyl plank flooring, and recessed lighting, while recent exterior and capital improvements include exterior repainting in 2026, the remodel of Unit 9564 in 2026, replacement of the garage roof in 2023, garage door replacements, and an apartment roof replacement around 2016. A key differentiator is the property’s condo-mapped structure, with each unit assigned its own separate APN. This provides new ownership with a rare additional exit strategy through the potential sale of individual units, rather than being limited to a traditional multifamily disposition. With recent 2-bedroom condo sales in Cypress averaging approximately $653,000 over the last calendar year, the individual-unit structure provides meaningful market context for this long-term optionality. The property is also well-positioned operationally, with electricity, gas, and water separately metered to each unit, helping reduce ownership expenses and further supporting the feasibility of a future unit-by-unit sale strategy. Overall, 9556–9568 Walker Street offers investors a combination of newer construction, updated townhome-style units, stable multifamily operations, and a differentiated ownership structure rarely available in the Cypress market.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: christian.tait@marcusmillichap.com License #02111248 Listed on: 07/01/2026
Co-Listing Agent
Marcus & Millichap RE Invest Brokerage Email: christian.tait@marcusmillichap.com License #01451551
Property Details
Home Type
- Apartment
Year Built
- Built in 1991
Lot Details
- 15,246 Sq Ft Lot
- No Common Walls
- Level Lot
- 93445076, 93445077, 93445078, 93445079, 93445080, 93445081, 24455148
Parking
- 3 Open Parking Spaces
- 13 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,510 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 14404
- Assessor Parcel Number 93445075
- $2,801 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $920
- Fuel Expense $922
- Insurance Expense $5,250
- Maintenance Expense $5,600
- Trash Expense $920
- Water Sewer Expense $920
- New Taxes Expense $42,080
- Operating Expense $64,013
- Gross Income $214,140
- Net Operating Income $143,703
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $1,888 | $133,617 | $18,423 | $115,194 |
| 2024 | $1,809 | $130,998 | $18,062 | $112,936 |
| 2023 | $1,765 | $128,430 | $17,708 | $110,722 |
| 2022 | $1,740 | $125,912 | $17,361 | $108,551 |
| 2021 | $1,717 | $123,444 | $17,021 | $106,423 |
| 2020 | $1,709 | $122,179 | $16,847 | $105,332 |
| 2019 | $1,668 | $119,784 | $16,517 | $103,267 |
| 2018 | $1,646 | $117,436 | $16,193 | $101,243 |
| 2017 | $1,596 | $115,134 | $15,876 | $99,258 |
| 2016 | $1,582 | $112,877 | $15,565 | $97,312 |
| 2015 | $1,568 | $111,182 | $15,331 | $95,851 |
| 2014 | $1,494 | $109,005 | $15,031 | $93,974 |
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 |
|---|---|---|---|---|
| 07/01/2026 07/01/26 | For Sale | $3,780,000 | -- | $581 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26142991
APN: 934-450-75
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Ask me questions while you tour the home.