Active Under Contract

8622 Watson

Cypress, CA 90630
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Bed 0

Bed

Bath 0

Bath

SqFt4,675

Sqft

SqFt15,000

Sqft(Lot)

*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 st reet 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,293,000

AD Id : 76063294

MLS Id : RS26053694

Lot Size : 15,000 Sqft

Living Area Size : 4,675

Year Built : 1957

Garage : 5

County : Orange

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    All Bedrooms Down
    Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1957
    Building Area Total: 4675
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: Park/Greenbelt, Neighborhood

  • Lot Information

    Main Square Feet: 15000 Lot Size Acres: 0.3444 Lot Size Source: Estimated Lot Size Square Feet: 15,000 Lot Description: 0-1 Unit/Acre

    Property Information

    Subdivision: cypress Source Property Type: Residential Income Property SubType: Apartment Levels: One Property Age: 69

  • Listing Price Information

    Listing Price: $2293000
    Cash to New Loan

  • Tax Information

    Parcel Number: 26243127 Tax Lot: 1

  • Parking Information

    Parking Total: 9 Driveway, Garage, Public

    Garage Information

    Has Garage: Yes Garage Space: 5

  • Location Information

    Direction: Moody and Crescent WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6891 Elm, Cypress, CA, 90630 $1,075,000 4 2 1,635 1,635 SqFt
6768 Ossabaw, Cypress, CA, 90630 $1,149,998 4 1 1,933 1,933 SqFt
6083 Fred, Cypress, CA, 90630 $1,049,900 5 2 1,786 1,786 SqFt
9873 Milton, Cypress, CA, 90630 $1,499,000 4 3 1,948 1,948 SqFt
6598 Reefton, Cypress, CA, 90630 $1,450,000 4 3 2,250 2,250 SqFt
8651 La Homa, Cypress, CA, 90630 $1,999,000 -- -- 3,085 3,085 SqFt
8651 La Homa, Cypress, CA, 90630 $1,999,000 6 4 3,085 3,085 SqFt
5572 Saint Ann Avenue, Cypress, CA, 90630 $1,075,000 3 2 1,514 1,514 SqFt
5572 Saint Ann Avenue, Cypress, CA, 90630 $1,075,000 -- -- 1,514 1,514 SqFt
5501 Orange Avenue, Cypress, CA, 90630 $999,000 3 2 1,551 1,551 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/21/2026 @ 06:00

MLS: RS26053694 LISTED BY: Jennifer Ciaramitaro, Fiv Realty Co 951-394-0820 SOURCE: CRMLS

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