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4321 Cerritos Ave

4.51 Acres of Residential Land in Cypress, CA 90630

Investment Highlights

  • Large urban lot prime for redevelopment

Executive Summary

The property is located on West Cerritos Avenue in the city of Cypress, California. A one mile radius from the property contains over 20,000 residents with an average household income of $125,716, and a median home value of $724,901.
The entire parcel is 4.51+ acres of land. The property owner is seeking a developer to develop a portion of the property, with some of the structures and parking to remain. The property is currently zoned residential as R-6000. Ownership is seeking a creative deal structure that would allow the adjacent church to share parking and ingress/egress with the future use of the excess. Please call for more details concerning the owner’s objective.

Property Facts Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 4.51 AC

1 Lot Available

Lot

Lot Size 4.51 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 242-041-38
  • 242-031-03
Land Assessment
$362,213
Improvements Assessment
$1,720,147
Total Assessment
$2,082,360

zoning

Zoning Code R-6000
R-6000
  • Listing ID: 25750966

  • Date on Market: 5/20/2022

  • Last Updated:

  • Address: 4321 Cerritos Ave, Cypress, CA 90630

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