Listing Broker: Marcus & Millichap RE Invest
Listing Agent: Christian Tait
DRE #01954054: 02111248
christian.tait@marcusmillichap.com
Colisting Agent: Tyler Leeson
DRE #01954054: 01451551
5412 - 5418 Crescent Avenue is a 4-unit multifamily investment property located in Cypress, California. Offered for the first time in more than 50 years, 5412 - 5418 Crescent Avenue consists of 2 single-story buildings on an approximately 0.24-acre parcel. Built in 1964, the property contains approximately 3,629 net rentable square feet and features a unit mix of 3 2-bed/1-bath units and 1 3-bed/1.5-bath single-family residence, offering spacious floor plans suited to a variety of households. The front triplex includes 3 street-facing single-car garages, with sufficient setback to accommodate a tandem surface parking space in front of each. The detached rear 3-bed/1.5-bath home has its own single-car garage, an additional tandem surface space and a private backyard, offering residents greater privacy and dedicated outdoor space. All 4 residences feature in-unit laundry hookups and individual water heaters. Ownership has also completed several recent improvements, including replacement of the property’s roofs and windows in 2022, along with renovations to Unit 5412 that same year and new flooring in the single-family residence in 2024. These upgrades address major building components while helping improve the property’s overall condition and resident appeal. The property’s immediate surroundings further complement its larger floor plans. 5412 - 5418 Crescent Avenue directly faces John F. Kennedy High School and the adjacent Walker Junior High School, placing both campuses within convenient walking distance, while Cypress College is just a short drive away. Less than 500 feet from the property, Arnold ...
+ Read More| Listing Id: | OC26224290 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.24 |
| Waterfront?: | No |
| Year Built: | 1964 |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | NoCommonWalls |
| Electric Expense: | $1,716 |
| Entry Level: | 1 |
| Fuel Expense: | 1717.0 |
| Garage?: | Yes |
| Gross Scheduled Income: | $115,080 |
| Levels: | One |
| Listing Contract Date: | 2026-10-15 |
| Lot Features: | StreetLevel |
| Lot Size Area: | 0.24 |
| Lot Size Source: | Assessor |
| Maintenance Expense: | $4,000 |
| Net Operating Income: | $72,902 |
| New Taxes Expense: | $19,536 |
| Number Of Separate Electric Meters: | 4 |
| Number Of Separate Water Meters: | 1 |
| State Or Province: | CA |
| Stories: | 1 |
| Trash Expense: | $1,716 |
| Vacancy Allowance Rate: | 3.0 |
| Water Source: | Public |
| Property Sub Type Additional: | Quadruplex |
| Country Subdivision: | 06059 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06059:26243140 |
| List Price: | $1,750,000 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| Lot Size Square Feet: | 10,454.4 |
| City: | Cypress |
| County Or Parish: | Orange |
| Postal Code: | 90630 |
| Number Of Units Total: | 4 |
| Building Area Total: | 3629.0 |
| Common Interest: | CommunityApartment |
| Community Features: | Curbs, Gutters, StreetLights, Sidewalks |
| Directions: | Cross Streets of Crescent Avenue & Walker Street |
| Elevation Units: | Feet |
| Entry Location: | First level |
| Garage Spaces: | 4.0 |
| Gross Income: | $115,080 |
| Insurance Expense: | $4,000 |
| Laundry Features: | Inside, SeeRemarks |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, CashToNewLoan, Conventional, Exchange1031 |
| Lot Size Acres: | 0.24 |
| Lot Size Units: | Acres |
| MLS Area Major: | 80 - Cypress North Of Katella |
| Number Of Buildings: | 2 |
| Number Of Separate Gas Meters: | 4 |
| Open Parking Spaces: | 4.0 |
| Operating Expense: | $38,726 |
| Original List Price: | $1,750,000 |
| Parcel Number: | 26243140 |
| Parking Total: | 8 |
| Pool Features: | None |
| Postal City: | CYPRESS |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 1 |
| Vacancy Allowance: | 3452 |
| Water Sewer Expense: | $1,716 |
| Year Built Source: | Assessor |
| Current Price: | $1,750,000.00 |
| Record Signature: | 1,333,632,070 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 16, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 16, 2026 12:18 AM - PT
Property Last Updated: October 16, 2026 12:18 AM - PT
