4-Unit Multifamily
New
For Sale
$1,750,000
5412 5418 Crescent Ave, Cypress, CA 90630
A detached three-bedroom residence complements the front triplex, with a private yard and dedicated garage.
Property Size3,629 SF
Lot Size0.24 Acres
Days on Market1
Property Features for 5412 5418 Crescent Ave
General Information
Standard status
Active
Size
3,629 SF
Net Rentable
3,629 SF
Total Parking Spaces
8
Lot size
0.24 Acres
Property subtype
Investment
Units
Unit Mix
3 x 2BR/1BA, 1 x 3BR/1.5BA
Multifamily Units
4
Amenities
in-unit laundry hookups
private backyard
Building Details
Building Size
3,629 SF
Year Built
1964
Year Renovated
2022
Buildings
2
Stories
1
Units
4
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson · License #01451551
(949) 419-3326
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap RE Invest
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Investment Insights
Based on property information with market context.
The property comprises two single-story buildings on approximately 0.24 acres, with 3,629 net rentable square feet. Built in 1964, the four residences include three 2-bed/1-bath units and one detached 3-bed/1.5-bath home. The front building has three single-car garages and room for a tandem parking space ahead of each; the rear residence includes its own garage, tandem space and private backyard. All units have laundry hookups and individual water heaters.
Roof and window replacements, along with renovations to Unit 5412, were completed in 2022. The detached home received new flooring in 2024. The property faces John F. Kennedy High School and Walker Junior High School. Arnold Cypress Park is less than 500 feet away and reopened in May 2025 after a city redevelopment. Cypress College is a short drive from the property.
Roof and window replacements, along with renovations to Unit 5412, were completed in 2022. The detached home received new flooring in 2024. The property faces John F. Kennedy High School and Walker Junior High School. Arnold Cypress Park is less than 500 feet away and reopened in May 2025 after a city redevelopment. Cypress College is a short drive from the property.
Key Highlights
- Four residences across two single‑story buildings on approximately 0.24 acres
- 3,629 net rentable square feet; built in 1964
- Unit mix: three 2‑bed/1‑bath units and one 3‑bed/1.5‑bath detached residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,267
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,385,340
$1.4M
Cap Rate 7%
$989,529
$989.5K
Cap Rate 9%
$769,633
$769.6K
Market Conditions
NOI Build-Up for 3,629 SF
Gross rent
$130.6K $36.00/SF
− Vacancy
−$4.7K −$1.30/SF
EGI
$125.9K $34.70/SF
− OpEx
−$56.7K −$15.62/SF
NOI
$69.3K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,385,340
Cap Rate 7%
$989,529
Cap Rate 9%
$769,633
Alternative Uses
Best Use
Apartment 5plus
$989.5K
$865.8K – $1.15M
NOI $69,267 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,324 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 90630, CA
49,965
Population
16,544
Households
3
Avg Household Size
41
Median Age
49%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
8,059
Density / Sq Mi
$124,360
Median Household Income
$59,244
Median Earnings
$2,452
Median Rent
$866,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - A detached three-bedroom residence complements the front triplex, with a private yard and dedicated garage.
Where is this multifamily property located?
The property is located at 5412 5418 Crescent Ave Cypress, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four residences across two single‑story buildings on approximately 0.24 acres; 3,629 net rentable square feet; built in 1964; Unit mix: three 2‑bed/1‑bath units and one 3‑bed/1.5‑bath detached residence
