Listed By:
Christian Tait with Marcus & Millichap RE Invest; christian.tait@marcusmillichap.com
Address
9089 9091 Watson Street, Cypress, CA
Price
$ 1,520,000
Property Attributes
  • MLS#OC26206976
  • TypeMulti-Family
  • Listing Status Active
  • CountyOrange
  • CityCypress
  • Area Cypress North of Katella
  • NeighborhoodOther
  • Zip90630
  • Style
  • Year Built1959
  • Price$ 1,520,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2581
  • Lot Size0.17 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

9089 - 9101 Watson Street is a 3-unit multifamily investment property located in Cypress, California. Originally configured as a duplex, 9089 - 9101 Watson Street was expanded in 2023 with the addition of a detached accessory dwelling unit (ADU). The property consists of three single-story, freestanding residences with no shared walls, providing residents with a greater degree of privacy than a conventional multifamily configuration. The two original 2-bed/1-bath residences were renovated in 2018 and each features a spacious private backyard, while the 2023-constructed 2-bed/1.5-bath ADU offers newer construction with contemporary interior finishes. Each residence features in-unit laundry and an individual water heater, while all utilities are separately metered. The property also offers six surface parking spaces, providing two spaces per residence. Interior finishes throughout the property include updated kitchens and bathrooms, raised-panel or shaker-style cabinetry, and a mix of tile, wood, and wood-look flooring. Situated within an established Cypress residential neighborhood, 9089 - 9101 Watson Street combines a distinctive detached-home configuration with practical resident amenities, updated interiors, private outdoor space, and separately metered utilities, presenting an attractive acquisition for investors seeking a well-maintained small multifamily asset in Orange County.

Price History
9/22/2026 Listed $1,520,000

General Features

Sewer Public Sewer
Pool Features None
Year Built 1959
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 83868
Community Features Curbs,Gutter(s),Street Lights,Sidewalks
County Orange
Net Operating Income 55804
Operating Expense 25548
Insurance Expense 2400
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 3000
Subdivision Name Other
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Watson Street and Lincoln Avenue
City Cypress
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 3
MLS Area 80 - Cypress North of Katella
Lot Size Units Acres
Lot Size Square Feet 7405.2
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 34
Property Sub Type Additional Triplex
Taxes 16921
Cap Rate 3.67
PostalCity CYPRESS

Interior Features

Total Stories 1
Common Walls No Common Walls
Laundry Features See Remarks
Entry Level 1

Exterior Features

Lot Features Street Level
Water Source Public
Total Parking 6
Lot Size Area 0.17
Number of Buildings 3
Building Area Total 2581
Lot Size Acres 0.17
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90630

Price
AVG $1.63M
$1.52M
Year Built
AVG 1960
1959

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