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Sold on 12/27/2021
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4891 Grace Ave, Cypress, CA 90630

$1,653,000

Last sold 12/27/2021 for $1.43M

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    bed

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    bath

Multi-family not for sale
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About 4891 Grace Ave

Property type Multi-family
Year built 1946
HOA fee $0/month
Lot size 6,372 Sqft
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
Investment opportunity! Add this Cypress Duplex with separate garages to your investment portfolio. The duplex total approx. sf is 3,362. on a corner lot of approx. 6,372 sf. The 2-story dwelling addition was built in December of 1998. Both the original SFR and 2nd dwelling have their own HVAC. Original SFR facing Grace Ave consists of a 3 beds / 2 baths and the 2nd dwelling facing La Salle has 5 beds and 4 baths. Both SFR and the 2nd dwelling have their own separate garages. Laundry hookups in both residences! Original home facing Grace Ave is approx.1,120 sf, the 8601 La Salle is approx. 1,106 sf on the 1st level and approx. 1,125 sf on the 2nd level. The home on Grace Ave is separated by 2 garages from the 2nd dwelling addition. Garages are finished with drywall. The exterior landscape is attractive with minimal maintenance. New carpet in the La Salle dwelling. Grace Ave's carpet is 2 years installed. Two electric meters, two gas meters and two water meters (Grace and La Salle have their own individual meters).
Listed by
Listing Agent - Steven Canchola
Listing Office - Real Investments
Source: CRMLS mls logo
MLS#V1-6965 • last updated 4 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1463
Lot Size (SqFt) 6372
Year Built 1946
Interior
Laundry Gas Dryer Hookup
Appliances Dishwasher, Gas Cooktop, Gas Oven
Exterior
Foundation Raised, Slab
Building Area 3562
Parking Concrete, Garage - Two Door, Garage Door Opener, Street
# Carport Spaces 2
# Parking Spaces 10
# Garage Spaces 4
Lot Description Sprinklers None
Amenities / Utilities
Fireplaces None
Inclusions All Built-in Kitchen Appliances (there Are No Refrigerators In The La Salle Dwelling), White Built-in Garage Shelving/cabinets In Owner-occupied Garage.
Spa None
Pool None
Location
View None
County Orange
Community Features Curbs
Subdivision Other, Other
Zoning SFR
Directions Major Nearest I/S Of Moody And Crescent. Enter From Crescent On La Salle And Continue Until You Reach Grace. Enter From Moody On Grace And Continue Until You Reach La Salle. 4891 Grace Ave Cypress, CA.8601 La Salle (2 Vacant Units).
APN 26231204
Multifamily Details
Expense: Trash 100
Operating Expense 18700
Expense: Insurance 1200
Total Expenses 18700
Gross Income 105000
Gross Scheduled Income 150000
Lot/ Land Details
Road Frontage City Street
$1.65M
Range: $1.5M-$1.8M
Last 30 days 
Rental est.: $1,896/month
Gross rent multiplier: 62.9
  • Mar 2026
    mls logo MLS # OC25218285
  • Mar 15, 2026 Price Change
    $1,784,000 (-0.8%)
  • Sep 16, 2025 Listed
    $1,799,000 (-5.3%)
  • Mar 2025
    mls logo MLS # OC25020979
  • Mar 4, 2025 Listed
    $1,899,990 (-5.0%)
  • Feb 19, 2025 Price Change
    $1,999,900 (-4.8%)
  • Jan 29, 2025 Listed
    $2,100,000
  • Jan 29, 2025 Listed
    $2,100,000 (+7.7%)
  • Jul 2024
    mls logo MLS # OC24128885
  • Jul 18, 2024 Listed
    $1,950,000
  • Jul 18, 2024 Price Change
    $1,950,000 (+5.4%)
  • Jun 24, 2024 Listed
    $1,850,000
  • Jun 21, 2024 Listed
    $1,850,000
  • Jun 2024
    mls logo MLS # OC24116718
  • Jun 21, 2024 Listed
    $1,850,000
  • Jun 21, 2024 Listed
    $1,850,000 (-2.6%)
  • Apr 2024
    mls logo MLS # OC24062619
  • Apr 22, 2024 Price Change
    $1,899,000 (-2.6%)
  • Apr 1, 2024 Listed
    $1,949,000
  • Mar 29, 2024 Listed
    $1,949,000 (+36.3%)
  • Dec 2021
    Public Records
  • Dec 27, 2021 Sold
    $1,430,000
  • Dec 2021
    mls logo MLS # V1-6965
  • Dec 27, 2021 Sold
    $1,430,000
  • Dec 17, 2021 Pending
    —
  • Sep 29, 2021 Active
    —
  • Aug 6, 2021 Listed
    —
  • Jul 29, 2021 Active
    —
  • Jul 8, 2021 Listed
    $1,550,000
  • Dec 2021
    mls logo MLS # V1-6964
  • Dec 27, 2021 Sold
    $1,430,000 (-3.1%)
  • Dec 17, 2021 Pending
    —
  • Sep 29, 2021 Active
    —
  • Sep 16, 2021 Price Change
    $1,475,000 (-4.8%)
  • Aug 6, 2021 Listed
    —
  • Jul 29, 2021 Active
    —
  • Jul 8, 2021 Listed
    $1,550,000
  • Year Property taxes Tax assessment
  • 2024
    $16,695 +2.3%
    $1,487,772 +2.0%
  • 2023
    $16,320 +1.1%
    $1,458,600
  • 2022
    $16,143 +201.5%
    $1,458,600 +225.62%
  • 2021
    $5,354 +0.4%
    $447,939
  • 2020
    $5,331 +1.3%
    $447,939 +3.06%
  • 2019
    $5,262 +4.9%
    $434,653 +2.0%
  • 2017
    $5,018 +0.8%
    $426,131 +4.04%
  • 2016
    $4,976 +0.7%
    $409,585
  • 2015
    $4,939
    —
  • 4891 Grace Ave
    $1.43M
  • —
  • 90630
    $875K +7% y/y
  • Cypress
    $885K +7% y/y
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Statistics calculated by Movoto

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4/10
Walker Junior High School
public Grades 7-8
Anaheim Union High School District
9/10
John F. Kennedy High School
public Grades 9-12
Anaheim Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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