936 Cypress
About This Property
Welcome to a classic 3-bedroom, 2-bath single-story home offering incredible upside for both investors and homeowners looking to design their dream space. Originally built in 1928 and thoughtfully reimagined in the 1980s, this home blends its original character with solid bones-making it the perfect blank canvas for your next project.
Sitting on a 5,400 sq ft lot, the property offers a spacious backyard with room to reconfigure, expand, garden, or create the outdoor living space you've always wanted. Investors will appreciate the detached two 1-car garages, creating multiple possibilities: convert one into an ADU, use both for storage, or explore added rental income pathways.
Inside, you'll find three full-sized bedrooms, two functional bathrooms, and a layout that lends itself perfectly to cosmetic updating, full renovation, or future expansion. Whether your vision is a modern rental, a long-term family home, or a complete redesign-this property is a rare chance to maximize value your way.For investors, this home checks all the boxes: location, lot size, rental potential, and value-add opportunity.
For primary buyers, it's the freedom to renovate, personalize, and build long-term wealth through homeownership.
If you're looking for a project with massive potential and a chance to capitalize on the long-term Placentia market-this is the one.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Listed by eXp Realty of California Inc | $699,000 | |
| Listed by eXp Realty of California Inc | |||
| Aug 8, 2025 | Price Decreased |
$709,999
↓ $60K
(7.8%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed | $770,000 | |
| Listed | |||
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Great investment opportunity.... 3-Bedroom, 2-Bath home nestled in City of Placentia. Originally built in 1928 and thoughtfully rebuilt in the 1980's, this home offers a blend vintage character with modern functionality. It features 3 spacious bedrooms, 2 full bathrooms, and a detached 2 1 car garages with separate doors, offering ample parking and storage. The home sits on a generous lot with a good-size yard, ideal for outdoor gardening or even future additions. Whether you're looking for your first home or a long-term investment, great options, can add square footage, build an ADU... property was appraised at 770k in July 2025
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017