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8622 Watson St, Cypress, CA, 90630

10beds
5baths
4,675sqft
$2,293,000
$490price/sqft
$16,816/moest. monthly cost
$672,640/yrincome needed

About This Home

*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.

Getting Around

66
WalkingSomewhat Walkable
34
TransitSome Transit
58
BikeBikeable

Schools

4/10
9/10

Construction

Condition

  • Year built: 1957

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Washer Hookup,Gas Dryer Hookup

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 5

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 4,675
  • Total interior livable area: 4,675 sqft

Property

Details

  • Parcel number: 26243127
  • Attached to another structure: Yes
  • Zoning: RM15
  • Special condition: Standard,Trust

Features

  • Levels: One
  • Stories: 1
  • Entry location: ground
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Park/Greenbelt,Neighborhood

Lot

  • Lot size: 0.34 Acres
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 9
  • Parking features: Driveway,Garage,Public
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Uncovered spaces: 4