Property listed by Marcus & Millichap RE Invest, Christian Tait [email protected]
$3,780,000
9556–9568 Walker Street is a 7-unit multifamily investment located in Cypress, California. Built in 1991 and offered for sale by the original owner/developer, the property offers a rare opportunity to acquire a newer-vintage, condomapped multifamily asset in a desirable North Orange County location. The property features seven 2-bed/1.5-bath townhome units,… Read More each with a two-story floor plan, private patio, central air and heat, and in-unit laundry hookups. The units have been updated with quartz countertops, vinyl plank flooring, and recessed lighting, while recent exterior and capital improvements include exterior repainting in 2026, the remodel of Unit 9564 in 2026, replacement of the garage roof in 2023, garage door replacements, and an apartment roof replacement around 2016. A key differentiator is the property’s condo-mapped structure, with each unit assigned its own separate APN. This provides new ownership with a rare additional exit strategy through the potential sale of individual units, rather than being limited to a traditional multifamily disposition. With recent 2-bedroom condo sales in Cypress averaging approximately $653,000 over the last calendar year, the individual-unit structure provides meaningful market context for this long-term optionality. The property is also well-positioned operationally, with electricity, gas, and water separately metered to each unit, helping reduce ownership expenses and further supporting the feasibility of a future unit-by-unit sale strategy. Overall, 9556–9568 Walker Street offers investors a combination of newer construction, updated townhome-style units, stable multifamily operations, and a differentiated ownership structure rarely available in the Cypress market. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.35 Acres
Year Built
1991
MLS Number
OC26142991
Additional Details
Building
Built in 1991, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: First level
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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