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$1,999,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 21 hours ago
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Rare value-add opportunity set on an expansive ~0.25-acre lot in Orange County, featuring two separate residences with in-place income and strong upside potential, including the opportunity to expand to a three-unit configuration (buyer to verify). The property includes a 2,125 sq. ft. main residence with 4 bedrooms and 3 full bathrooms, offering a bright open layout, spacious living areas, and an updated kitchen with newer Viking range and Viking dishwasher-ideal for owner-occupancy or premium rental income. The detached second residence, approximately 960 sq. ft. with 2 bedrooms and 1 bathroom, has been recently fully renovated and is currently operated as a short-term rental, with a long-established history of consistent rental income. The unit is separately metered for water, electricity, trash, and internet, and includes its own private yard and dedicated parking, creating true independence and flexibility for continued income or multigenerational living. A major value driver is the detached 960 sq. ft. vaulted four-car garage/workshop, offering exceptional utility for storage, business use, or hobbies, with strong potential for future conversion into an additional detached single-family residence or ADU. Combined with the property's R3 zoning, which may allow for the addition of an additional ADU, this creates a compelling opportunity to increase unit count and maximize income potential (buyer to verify zoning, permits, and feasibility with the city). The property also features an expansive driveway with RV parking and accommodates approximately 10 vehicles, including 6 covered and 4 uncovered spaces, a rare amenity that enhances both usability and tenant appeal. Outdoor areas are designed for enjoyment and added value, featuring multiple seating areas, a newer jacuzzi, and a built-in barbecue island with Weber griddle, creating an attractive environment for both residents and guests. Ideally located approximately 1.3 miles from highly sought-after Oxford Academy and within close proximity to nearby amenities, shopping, and major transportation corridors, this property benefits from strong rental demand in a highly desirable Orange County location. This is a rare opportunity to acquire a versatile, income-producing asset with immediate cash flow and a clear path to increased density and long-term upside, all on a large, well-located parcel.

Full Property Details for 8651 La Homa

General

  • Price: $1,999,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26092116
  • Updated: 5/3/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Primary Bathroom, Laundry, Main Floor Primary Bedroom, Main Floor Bedroom, Two Primaries, Living Room, Workshop, Family Room, Formal Entry, Great Room, Entry, All Bedrooms Down, Kitchen
  • Interior Features: Bar, Built-in Features, Unfurnished, Attic Fan, Ceiling Fan(s), Pantry, Pull-Down Stairs to Attic, Recessed Lighting, Open Floorplan, Storage, Copper Plumbing (Full), In-Law Floorplan, Wired for Sound, Granite Counters
  • Fireplace(s): Gas, Living Room, Family Room
  • Appliances: Gas Water Heater, Tankless Water Heater, High Efficiency Water Heater, Double Oven, Water Heater Central, Recirculating Exhaust Fan, Convection Oven, Gas Cooktop, Water Line to Refrigerator, Icemaker, Instant Hot Water, ENERGY STAR Qualified Appliances, Water Softener, Range Hood, Built-In Range, Self Cleaning Oven, Refrigerator, Freezer, Disposal, Gas Range, 6 Burner Stove, Dishwasher, Microwave, ENERGY STAR Qualified Water Heater, Water Heater
  • Flooring: Tile, Carpet, Wood

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, In Garage, Gas & Electric Dryer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: Private, Heated, Above-Ground

Parking

  • Garage Spaces: 6
  • Parking Features: Garage, Tandem Garage, Oversized, Paved, RV Access/Parking, Parking Space, Workshop in Garage, Concrete, Driveway, Pull-Through, Garage (Two Doors), Garage Faces Front
  • Parking: Garage, Tandem Garage, Oversized, Paved, RV Access/Parking, Parking Space, Workshop in Garage, Concrete, Driveway, Pull-Through, Garage (Two Doors), Garage Faces Front

Location

  • Area: 80 - Cypress North of Katella
  • County: Orange
  • Development Name: 80 - Cypress North of Katella
  • Driving Directions: From Katella Ave, turn onto Holder St, then onto La Homa

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: None
  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Architectural Style: Traditional, Ranch
  • Windows: Blinds
  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,085
  • Year Built: 1956

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 3
  • Bedrooms: 4

Additional Structures

  • Other Structures: Second Garage Detached, Workshop, Guesthouse, Storage, Second Garage, Shed(s)

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size Source: Assessor
  • Lot Description: Sprinklers in Front, 0-1 Unit/Acre, Front Yard, Back Yard, Manual Sprinklers

Financial Considerations

  • Price Per Sq. Ft.: $647.97
  • Price Per Unit: 999500
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 8651 La Homa —

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NMLS#: 1598647

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Schools serving 8651 La Homa

School Districts:Cypress Elementary School District, Anaheim Union High School District
NameGradesDistance
Steve Luther Elementary School
4631 La Palma Avenue, La Palma, CA 90623
K-61.1 mi
Walker Junior High School
8132 Walker Street, La Palma, CA 90623
7-80.4 mi
John F. Kennedy High School, La Palma, CA
8281 Walker Street, La Palma, CA 90623
9-120.4 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 8651 La Homa Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/02/2026
Listed
$1,999,000
611.39%
MLS
8/06/2001
Sold
$281,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8651 La Homa

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,180
4%
$684,641
2%
2024
$7,828
2%
$671,217
2%
2023
$7,649
1%
$658,056
2%
2022
$7,561
1%
$645,153
2%
2021
$7,462
—
$632,503
1%
2020
$7,433
3%
$626,018
2%
2019
$7,226
1%
$613,744
2%
2018
$7,130
4%
$601,710
2%
2017
$6,887
1%
$589,912
2%
2016
$6,830
1%
$578,346
2%
2015
$6,781
6%
$569,659
2%
2014
$6,422
—
$558,501
—
2013
$6,417
—
$555,977
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8651 La Homa, Cypress, CA 90630 (MLS# OC26092116) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 8651 La Homa is currently listed for $1,999,000 and was received on May 02, 2026. This property is listed by Lauren Prelesnik from our Huntington Beach Office.Want to learn more about 8651 La Homa? 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.

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