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Mix-use of Property. Front House: 2 Bedrooms and 1 Bath - rents at $1,600 per month. Back section of lot is an Auto Shop rented at $2,400 per month. This investment property is generating a total of $4,000 gross income per month. This may be the best investment opportunity in Cypress. ** Pro-forma total is $4,300 which gives this property a 6.8 Cap Rate and 12.1 GRM. The Auto Shop tenant has been in this location over 40 years and would like to sign an long term lease. Development is another option for this property. It is zoned Mixed-Use and the city would be interested in approving residential and commercial mixed together on this lot. Great location in the Cypress school district which includes Oxford Academy.
Listing agent: Cary Hairabedian DRE #00876519 cary@socal.rr.com, Listing office: RE/MAX College Park Realty
MLS data updated 10/24/2026, 4:15:28 AM PT
Source: CRMLS, MLS #: PW16065954
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 29, 2016
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90630 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
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