4022 Marion Avenue, Cypress, California 90630, Cypress, - bed, bath

home-pic
ACTIVE$1,195,000
4022 Marion Avenue, Cypress, California 90630
6Beds
4Baths
2,495Sqft
6,000Lot
Year Built
1965
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24179126
Home ConditionFair
Features
Spa
Patio
View-

About this home

BACK ON THE MARKET. EXCELLENT OPPORTUNITY TO LIVE IN ONE AND RENT THE OTHER TWO UNITS FOR A GOOD INCOME. Nice 2 story home in a quiet neighborhood. Front house has 4 bedrooms, 2.5 baths. Tax record is 2,495 living square feet. Actual living square feet is larger because I only listed the square feet provided from the assessor record. Additional square feet of the added on structures was not added on the total living square feet. Laminated woods and ceramic tiles throughout the home. In the back yard with 2 Lovely Attached Guest Villa or In-Laws Quarters. OWNER CAN LIVE IN THE FRONT HOUSE AND RENT THE 2 BACK UNITS WITH PRIVATE ENTRANCES FOR A GOOD INCOME. Rent $3,300 for the front house. UNIT 1 HAS A LARGE LIVING ROOM, SPACIOUS KITCHEN, 1 BEDROOM, 1 BATH, RENT $1,300. UNIT 2 HAS 2 BEDROOMS, KITCHEN, AND A BATHROOM. RENT $1,700. Inviting Formal Entry with Stained Glass Mahogany Front Door & Hardwood Staircase! Spacious Living Room! Gourmet Kitchen with 2-Tone Cabinets, Granite Counters, Tumbled Travertine Backsplash. Large Master Suite with Cozy Marble Fireplace, Custom Lighting & Wall Coverings, Walk-In Wardrobe and Master Bath with Marble Shower/Spa/Tub. Granite Dual Vanity. Family Room open to the kitchen. Custom Fanlight and Crown Molding. On 2013, the property has NEW ROOF & NEW SOLAR SYSTEM with 40 panels. OWNER PAID OFF THE SOLAR SYSTEM. Very low electric monthly bill. Back yard with custom built Koi pond, stones work, gas fire pit. Spacious finished attics for extra storages. Owner spent over $100,000 for the works. Excellent School District. PICTURES ARE FOR INFORMATION ONLY. PICTURES WERE TAKEN WHEN THE HOME WAS VACATED. TENANTS LIVE IN THE PROPERTY FOR AWHILE. THE PROPERTY CONDITION IS NOT THE SAME WITH THE PICTURES. BUYER CAN AT LEAST SEE THE FRONT HOUSE AND THE 2 BACK UNITS WHEN THEY WERE EMPTIED. GREAT BUY TO LIVE AND RECEIVE GOOD INCOME. Rent can be much higher. HURRY. IT WILL NOT LAST. PLEASE DO NOT MISS YOUR CHANCE. Minutes to freeways 5, 22, 91, 405 and 605, parks, schools, golf course, and shopping center

Price History

Date
Event
Price
05/01/25
Sold
$1,000,000
12/28/09
Sold
$630,000
03/07/05
Sold
$660,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (100 Listings)
Beds64
97%
Baths42
92%
Square foot2,4951,700
80%
Lot Size6,0005,940
50%
Price$1.2M$1.16M
54%
Price per square foot$479$648
4%
Built year19651967
37%
HOA
Days on market434144
99%
Condition Rating
Fair

The property was built in 1965 but has had some renovations, including a new roof and solar system in 2013. The kitchen has been updated with granite counters and two-tone cabinets, but the appliances appear older. The bathrooms show signs of age with dated fixtures. The listing mentions that the property condition is not the same as in the pictures due to tenants living there, suggesting some wear and tear. Overall, it requires minor updates or repairs.
Pros & Cons

Pros

Income Potential: The property offers excellent income potential with the main house and two attached guest villas/in-law quarters, providing multiple rental streams.
Solar System: The property features a fully paid-off solar system with 40 panels, resulting in very low electric bills and increased energy efficiency.
Updated Features: The property includes a remodeled kitchen with granite counters and a tumbled travertine backsplash, a newer roof (2013), and updated bathrooms.
Location: Conveniently located near freeways (5, 22, 91, 405, and 605), parks, schools, a golf course, and a shopping center, offering easy access to amenities.
Additional Storage: Spacious finished attics provide extra storage space, adding to the functionality of the property.

Cons

Property Condition: The property condition is not the same as in the pictures due to current tenants, potentially requiring updates or repairs to match the advertised state.
Square Footage Discrepancy: The actual living square footage is larger than the tax record indicates, which may require further investigation and verification.
Year Built: Built in 1965, the property may have older systems and features that could require updating or maintenance compared to newer constructions.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State