$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.