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$1,850,000
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Property Description
*DO NOT DISTURB TENANTS*
This is an exceptional investment opportunity on an expansive 15,000 sq ft lot featuring five charming 2-bedroom, 1-bath bungalow-style units. Each unit has been tastefully remodeled, offering updated interiors that appeal to today's tenants while maintaining the classic bungalow character. Improvements include modernized kitchens and baths, refreshed flooring, and updated finishes throughout. Each unit has it's own outdoor space, to BBQ, entertain or just enjoy the sunshine. The large lot allows for excellent spacing between units, creating a comfortable and private residential environment rarely found in multi-unit properties.
In addition to attached, private garages for each unit, the property also offers 4 off-street spaces along the driveway and public street parking. This amazing property sits directly across the street from the newly improved Arnold Cypress Park, providing tenants with immediate access to open green space, recreation, and neighborhood amenities.
With strong rental appeal, a highly desirable location, and multiple standalone bungalow units, this property presents an outstanding opportunity for investors seeking stable income with long-term upside potential. Zoned RM15, this sizable parcel also offers future development or expansion possibilities (buyer to verify with the city).
Ideally suited for investors looking to add a well-maintained, high-demand multi-unit property to their portfolio.
Full Property Details
Full Property Details for 8622 Watson
General
- Sold For: $1,850,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: RS26053694
- Added to Site: 175 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 5
- Parking Features: Garage, Public, Driveway
- Parking: Garage, Public, Driveway
Location
- Area: 80 - Cypress North of Katella
- County: Orange
- Development Name: 80 - Cypress North of Katella
- Driving Directions: Moody and Crescent
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: ground
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,675
- Year Built: 1957
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
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Park/Greenbelt, Neighborhood
- Lot Size (Acres): 0.3444
- Lot Size Source: Estimated
- Zoning: RM15
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $395.72
- Price Per Unit: 458600
Listed and Sold by Fiv Realty Co, Jennifer Ciaramitaro and Fiv Realty Co, Andrew Carter
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Schools
Schools serving 8622 Watson
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 | 0.4 mi |
Walker Junior High School 8132 Walker Street, La Palma, CA 90623 | 7-8 | 0.5 mi |
John F. Kennedy High School, La Palma, CA 8281 Walker Street, La Palma, CA 90623 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8622 Watson
Date
Details
Price
Change
Source
7/22/2026
Sold
$1,850,000
-19.32%
MLS
3/11/2026
Listed
$2,293,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8622 Watson, Cypress, CA 90630 (MLS# RS26053694) is a Multi-Family property that was sold at $1,850,000 on July 22, 2026. Want to learn more about 8622 Watson? 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.

