9089 Watson St — Sale in Cypress, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Cypress, CA 90630
Photos
Investment Figures
- Cap rate
- 3.67%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire 9089 - 9101 Watson Street, a 3-unit multifamily investment property located in Cypress, California. Originally configured as a duplex, 9089 - 9101 Watson Street was expanded in 2023 with the addition of a detached accessory dwelling unit (ADU). The property consists of three single-story, freestanding residences with no shared walls, providing residents with a greater degree of privacy than a conventional multifamily configuration. The two original 2-bed/1-bath residences were renovated in 2018 and each features a spacious private backyard, while the 2023-constructed 2-bed/1.5-bath ADU offers newer construction with contemporary interior finishes. Each residence features in-unit laundry and an individual water heater, while all utilities are separately metered. The property also offers six surface parking spaces, providing two spaces per residence. Interior finishes throughout the property include updated kitchens and bathrooms, raised-panel or shaker-style cabinetry, and a mix of tile, wood, and wood-look flooring. Situated within an established Cypress residential neighborhood, 9089 - 9101 Watson Street combines a distinctive detached-home configuration with practical resident amenities, updated interiors, private outdoor space, and separately metered utilities, presenting an attractive acquisition for investors seeking a well-maintained small multifamily asset in Orange County. Investment Highlights: • Rare Detached Configuration: Three single-story, freestanding residences with no shared walls, offering tenants a single-family living experience with maximum privacy. • Recent Construction & Renovations: Features a 2023-constructed 2-bed/1.5-bath detached ADU alongside two original 2-bed/1-bath units comprehensively renovated in 2018. • Highly Desirable Tenant Amenities: Every residence includes in-unit laundry, individual water heaters, updated kitchens and baths, and expansive private backyards
Market Context
This multifamily in Cypress, CA is listed for sale. It is offered at an approximate 3.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Cypress, CA — view the full market.
As of Q1 2026, the Orange County multifamily market showed average asking rents near $2848.00/unit/mo, and rents up 1.1% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Contact the listing broker
This listing comes from the Marcus & Millichap website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Christian Tait · (949) 419-3282 · christian.tait@marcusmillichap.com
- Matt Kipp · (949) 419-3254 · matt.kipp@marcusmillichap.com
- Tyler Leeson · (714) 713-9086 · tyler.leeson@marcusmillichap.com
- Michael Derk · (949) 419-3386 · michael.derk@marcusmillichap.com
Questions to ask the broker
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- What is the asking price?
- What is the current zoning, and does it allow my intended use?
- How many parking spaces come with the property?
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