Detached-Home
9089 Watson St, Cypress, CA 90630
For Sale
$1,520,000
Three separate residences offer private living space, individual utility meters, and in-unit laundry throughout.
Property Size2,581 SF
Days on Market48
Property Features for 9089 Watson St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Utilities to Site
Amenities
in-unit laundry
private backyard
Rare Detached Configuration: Three single-story, freestanding residences with no shared walls, offering tenants a single-family living experience with maximum privacy.
Recent Construction & Renovations: Features a 2023-constructed 2-bed/1.5-bath detached ADU alongside two original 2-bed/1-bath units comprehensively renovated in 2018.
Highly Desirable Tenant Amenities: Every residence includes in-unit laundry, individual water heaters, updated kitchens and baths, and expansive private backyards for the original units.
Low Landlord Expenses: All utilities are separately metered, significantly minimizing owner overhead and management responsibilities.
Ample On-Site Parking: The parcel accommodates six surface parking spaces, providing two dedicated spots per unit.
Strong Orange County Location: Situated within an established, high-demand Cypress residential neighborhood, presenting a turn-key acquisition for Southern California investors.
Building Details
Building Size
Buildings
Stories
Units
Listing Agency:
Marcus & Millichap - Orange County
Listed By:
Christian Tait
(949) 419-3282
Source:
Marcusmillichap
Added: Sep 24
Changed: Oct 30
Last Checked: Nov 10 at 5:07AM
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 - Orange County
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit multifamily property is arranged as separate, single-story homes rather than attached residences. Two 2-bedroom, 1-bathroom homes were renovated in 2018 and have private backyards. A detached ADU, completed in 2023, adds a 2-bedroom, 1.5-bathroom residence with newer interior finishes. The property dates to 1959; kitchens and bathrooms have been updated, with cabinetry and flooring varying among the residences.
Each home includes in-unit laundry and an individual water heater, and utilities are separately metered. Six surface parking spaces provide two spaces for each residence. The property is in Cypress, within Orange County.
Each home includes in-unit laundry and an individual water heater, and utilities are separately metered. Six surface parking spaces provide two spaces for each residence. The property is in Cypress, within Orange County.
Key Highlights
- Three freestanding, single‑story residences; no shared walls
- Unit mix: two 2‑bedroom/1‑bathroom homes and one 2‑bedroom/1.5‑bathroom ADU
- Detached ADU constructed in 2023; two original residences renovated in 2018
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,441
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,820
$1.1M
Cap Rate 7%
$777,729
$777.7K
Cap Rate 9%
$604,900
$604.9K
Market Conditions
NOI Build-Up for 2,581 SF
Gross rent
$80.5K $31.20/SF
− Vacancy
−$2.8K −$1.07/SF
EGI
$77.8K $30.13/SF
− OpEx
−$23.3K −$9.04/SF
NOI
$54.4K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,820
Cap Rate 7%
$777,729
Cap Rate 9%
$604,900
Alternative Uses
Best Use
Multifamily LT 5
$777.7K
$680.5K – $907.4K
NOI $54,441 @ 7.0% cap · market cap 3.58%
Second Best
Apartment 5plus
$703.8K
$615.8K – $821.1K
NOI $49,264 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$866.9K
$758.5K – $1.01M
NOI $60,683 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,068
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
$866,400
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Orange County, CA
Properties on Market for Triplexes in Orange County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences offer private living space, individual utility meters, and in-unit laundry throughout.
Where is this triplex located?
The property is located at 9089 Watson St Cypress, CA.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: Three freestanding, single‑story residences; no shared walls; Unit mix: two 2‑bedroom/1‑bathroom homes and one 2‑bedroom/1.5‑bathroom ADU; Detached ADU constructed in 2023; two original residences renovated in 2018
