$1,750,000

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 Cypress Park reopened in May 2025 following a substantial redevelopment by the City of Cypress, providing residents with upgraded recreational amenities within a short walk.