Property Detail

Description

Welcome to 4802 Alaska Ave., Cypress, a truly one-of-a-kind luxury property offering single-level living, multi-generational flexibility, and excellent rental income in one of Cypress’s most desirable neighborhoods served by top-rated public schools. This rare home features 5 bedrooms and 6 bathrooms all on one single level, with approximately 2,700 square feet of total living space on an almost 8,000 square foot lot. The entire property has been beautifully remodeled with modern finishes, thoughtful upgrades, and designer-level details throughout, reflecting true pride of ownership as the owner is also the listing agent and a professional interior architecture designer who personally designed the home. Adding outstanding value, the property includes two ADU units currently generating approximately $3,900 per month in rental income, and each ADU offers complete independence with its own entrance, private street-access pathway, and its own laundry facility. The ADU units provide exceptional privacy with over 12-inch or thicker separation walls, offering superior sound insulation and comfort for tenants. Based on approximately a 5% cap rate, the ADU income alone reflects an estimated value close to $1,000,000. The stunning and fun backyard completes the property, creating the perfect setting for relaxing, entertaining, and making unforgettable memories. This is a rare opportunity to own a fully remodeled turnkey home with a luxury single-story layout, strong income potential, and an outstanding Cypress location.