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$1,505,000
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Property Description
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
Full Property Details
Full Property Details for 4772 Grace Ave
General
- Sold For: $1,505,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25199323
- Added to Site: 134 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 3
Location
- Area: 80 - Cypress North of Katella
- County: Orange
- Development Name: 80 - Cypress North of Katella
- Driving Directions: Moody & Crescent
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Foundation: Slab
- Entry Location: 1st
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,650
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Source: Assessor
- Lot Dimensions: 50 x 200
- Lot Description: 16-20 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $567.92
- Price Per Unit: 499333
Listed by Rise Realty, Mani Dilmaghanian
Sold by Laus Deo Real Estate, Mary Bach-Nguyen
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Schools
Schools serving 4772 Grace Ave
School Districts:Cypress Elementary School District, Anaheim Union High School District
| Name | Grades | Distance |
|---|---|---|
Clara J. King Elementary School 8710 Moody Street, Cypress, CA 90630 | K-6 | 0.3 mi |
Walker Junior High School 8132 Walker Street, La Palma, CA 90623 | 7-8 | 0.9 mi |
John F. Kennedy High School, La Palma, CA 8281 Walker Street, La Palma, CA 90623 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4772 Grace Ave
Date
Details
Price
Change
Source
11/03/2025
Sold
$1,505,000
0.47%
MLS
10/03/2025
Price Reduced
$1,498,000
-5.19%
MLS
9/04/2025
Listed
$1,580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4772 Grace Avenue, Cypress, CA 90630 (MLS# OC25199323) is a Multi-Family property that was sold at $1,505,000 on November 03, 2025. Want to learn more about 4772 Grace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Cypress? You can browse all Cypress real estate or contact a Coldwell Banker agent to request more information.

