4772 Grace Avenue, Cypress, CA 90630

About this triplex

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

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$1,505,000

Sold November 2025 · listed $1,498,000, orig. $1,580,000, on market September 2025 · MLS #OC25199323 · Source: CRMLS

Listing Agent: Mani Dilmaghanian · Listing Office: Rise Realty · Contact: 866-344-7473 · Bought with: Mary Bach-Nguyen · Laus Deo Real Estate

$1,405,000

Sold March 2025 · listed $1,500,000, on market February 2025 · MLS #25495861 · Source: CRMLS

Listing Agent: Bita Goodman · Listing Office: Sotheby's International Realty · Contact: 310-481-6262 · Bought with: Sherri Kashanian · Extar

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