Zoned for 8 Units and Huge Demand for Housing! Existing 3 Bedroom 2 Bath Single Story Home with 2 Car Garage and Penthouse 2 Bedroom Apartment with 2 Car Garage. Perfect Cypress Location Steps from Cypress High School and Cypress College. Build 6 More Residences. Contact Cypress Planning for Details and Confirmation. Owners occupied both homes for decades.
Zoned for 8 Units and Huge Demand for Housing! Existing 3 Bedroom 2 Bath Single Story Home with 2 Car Garage and Penthouse 2 Bedroom Apartment with 2 Car Garage. Perfect Cypress Location Steps from Cypress High School and Cypress College. Build 6 More Residences. Contact Cypress Planning for Details and Confirmation. Owners occupied both homes for decades.
Diversify your investment portfolio 5.5% Cap Rate!!! Seize this exceptional opportunity before it's gone! This property offers market rents and comprises a single-family house paired with an attached Duplex, complete with separate garages. Situated on a corner lot spanning approximately 7,405 square feet, it's a haven for astute investors seeking versatility and value. The duplex boasts a total living space of approximately 3,362 square feet, with both the original Single Family Residence (SFR) and the secondary dwelling equipped with their own HVAC systems, ensuring optimal comfort for occupants. The SFR, nestled on Grace Ave, features three bedrooms and two bathrooms. Meanwhile, the secondary dwelling offers flexibility with a three-bedroom, two-bathroom unit and a separate two-bedroom, one-bathroom unit. Each residence boasts its own separate garage or secure gated carport, providing convenient parking options. Inside, both residences feature laundry hookups, enhancing their appeal and practicality. The SFR on Grace Ave spans approximately 1,120 square feet, while the dwelling on La Salle encompasses approximately 1,106 square feet on the first level and 1,125 square feet on the second level. Privacy and functionality are paramount, with the home on Grace Ave thoughtfully sepa
The median home value in Cypress, CA is $900,000. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Cypress, CA is $900,000. Approximately 65.92% of Cypress homes are owned, compared to 30.71% rented, while 3.38% are vacant. Cypress real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cypress real estate agent to arrange a tour today!
Cypress, California has a population of 50,279. Cypress is more family-centric than the surrounding county with 38.68% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Cypress, California is $109,180. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Cypress is 41.2 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 13.5 inches per year, with 0 inches of snow per year.