Property Detail

8651 La Homa

Cypress CA 90630

$1,999,000

Status: Active

Property Details

Description

Rare value-add opportunity set on an expansive ~0.25-acre lot in Orange County, featuring two separate residences with in-place income and strong upside potential, including the opportunity to expand to a three-unit configuration (buyer to verify). The property includes a 2,125 sq. ft. main residence with 4 bedrooms and 3 full bathrooms, offering a bright open layout, spacious living areas, and an updated kitchen with newer Viking range and Viking dishwasher—ideal for owner-occupancy or premium rental income. The detached second residence, approximately 960 sq. ft. with 2 bedrooms and 1 bathroom, has been recently fully renovated and is currently operated as a short-term rental, with a long-established history of consistent rental income. The unit is separately metered for water, electricity, trash, and internet, and includes its own private yard and dedicated parking, creating true independence and flexibility for continued income or multigenerational living. A major value driver is the detached 960 sq. ft. vaulted four-car garage/workshop, offering exceptional utility for storage, business use, or hobbies, with strong potential for future conversion into an additional detached single-family residence or ADU. Combined with the property’s R3 zoning, which may allow for the addition of an additional ADU, this creates a compelling opportunity to increase unit count and maximize income potential (buyer to verify zoning, permits, and feasibility with the city). The property also features an expansive driveway with RV parking and accommodates approximately 10 vehicles, including 6 covered and 4 uncovered spaces, a rare amenity that enhances both usability and tenant appeal. Outdoor areas are designed for enjoyment and added value, featuring multiple seating areas, a newer jacuzzi, and a built-in barbecue island with Weber griddle, creating an attractive environment for both residents and guests. Ideally located approximately 1.3 miles from highly sought-after Oxford Academy and within close proximity to nearby amenities, shopping, and major transportation corridors, this property benefits from strong rental demand in a highly desirable Orange County location. This is a rare opportunity to acquire a versatile, income-producing asset with immediate cash flow and a clear path to increased density and long-term upside, all on a large, well-located parcel.

Map Location

Listing provided courtesy of Lauren Prelesnik of Coldwell Banker Realty. Last updated 2026-05-05 08:14:51.000000. Listing information © 2025 CRMLS.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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