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9089 Watson St, Cypress, CA 90630

$1,520,000
  • bed

  • bath

Multi-family for sale 52 minutes

About 9089 Watson St

Property type Multi-family
Year built 1959
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
9089 - 9101 Watson Street is a 3-unit multifamily investment property located in Cypress, California. Originally configured as a duplex, 9089 - 9101 Watson Street was expanded in 2023 with the addition of a detached accessory dwelling unit (ADU). The property consists of three single-story, freestanding residences with no shared walls, providing residents with a greater degree of privacy than a conventional multifamily configuration. The two original 2-bed/1-bath residences were renovated in 2018 and each features a spacious private backyard, while the 2023-constructed 2-bed/1.5-bath ADU offers newer construction with contemporary interior finishes. Each residence features in-unit laundry and an individual water heater, while all utilities are separately metered. The property also offers six surface parking spaces, providing two spaces per residence. Interior finishes throughout the property include updated kitchens and bathrooms, raised-panel or shaker-style cabinetry, and a mix of tile, wood, and wood-look flooring. Situated within an established Cypress residential neighborhood, 9089 - 9101 Watson Street combines a distinctive detached-home configuration with practical resident amenities, updated interiors, private outdoor space, and separately metered utilities, presenting an attractive acquisition for investors seeking a well-maintained small multifamily asset in Orange County.
Listed by
Listing Agent - Christian Tait
Listing Agent Contact: Christian.tait@marcusmillichap.com
Listing Office - Marcus & Millichap RE Invest
Source: CRMLS mls logo
MLS#OC26206976 • last updated 7 hours ago
Movoto checked CRMLS for data 2 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.17
Lot Size (SqFt) 7405.2
Year Built 1959
Interior
Laundry See Remarks
Exterior
Building Area Square Feet, 2581
# Uncovered Spaces 6
# Parking Spaces 6
Lot Description Level With Street
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Orange
Community Features Gutters, Curbs, Street Lights, Sidewalks
Subdivision Other, Other (OTHR)
Directions Cross Streets Of Watson Street And Lincoln Avenue
APN 24446313
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 2516
Operating Expense 25548
Cap Rate 3.67
Expense: Insurance 2400
Total Expenses 25548
Expense: Maintenance 3000
Gross Income 83868
Gross Operating Income 81352
Gross Multiplier 18.12
Gross Scheduled Income 83868
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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.
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