3 months on rocket

8162 Gay St, Cypress, CA, 90630

$3,480,000

5 Bedrooms
4 Full Baths, 1 Partial
4,000 SqFt
$870/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage Faces Front, Garage
Attached Garage3 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #TR24151040
Lot Size0.34 Acres
StatusActive

About 8162 Gay St

Attention Antique and Exotic Car Collectors: Motivated Seller! All Offers Welcome! Discover this hidden gem in Orange County! Located at the end of a serene cul-de-sac where Orange and Los Angeles Counties meet, this brand-new custom home is a masterpiece. Over the past 4 years, every inch of this 4-bedroom, 3-bathroom home, along with a 1-bedroom, 1.5-bathroom ADU, has been meticulously crafted using the finest materials available. Designed by the renowned LA architect Carl Smith of William Adams Architects, known for their mastery of modern architectures, this residence epitomizes luxury and modern living. Nestled between the 605, 91, and 22 freeways, you'll have quick access to Downtown LA, all of Orange County, and its fabulous beaches! Enjoy proximity to excellent schools, great restaurants, amazing shopping, parks, and recreation. This home offers everything you need to live the quintessential Southern California lifestyle! Included in this purchase is 7,500 sqft of flat, usable land, part of a total lot size of 15,000 sq ft divided through the SB9 process. The current home and ADU sit on one 7,500 sqft portion, with the remaining land ready for you to enjoy as is or possibly build another home. Imagine parking dozens of collectible cars on the first floor and front yard in the corner lot of cul-de-sac street, which perfectly satisfy what your always dreamed about - ! In summary, for this incredible price, you will receive a newly constructed custom-built single-family home with an income-producing ADU or additional family living space, plus an additional 7,500 sqft of land which can be built similar house or whatever you want to be. Don't miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 4,000 SqFt

Listing Office:

  • Office Name: Universal Elite Inc.
  • Office Email: tomch3000@gmail.com
  • Listing Agent: Thomas Charles

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Gas Range, Refrigerator, Tankless Water Heater, Dryer, Washer
  • Flooring Type: Concrete, Wood
  • Interior: Breakfast Bar, Balcony, Separate/Formal Dining Room, High Ceilings, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage

Lot Features

Lot Information:

  • Lot: Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Rectangular Lot, Sprinklers
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: exit hwy 91 at Carmenita Rd, towards S. right turn on Crescent Ave, right on Gay St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,480,000
  • Price Per SqFt: $870/SqFt

Tax Information:

  • Annual Amount: $6,972
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cypress, CA.

Med. Sold Price

$977.5K

Med. Price/SqFt

$583

Avg. Days On Market

18

# of Sold Homes

22

8162 Gay St vs Cypress

116 DAYS ON ROCKET

+98 Days

$3,480,000

+$2.5M More

$870/SqFt

+$287 More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price and $287/SqFt more than other homes in Cypress, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #TR24151040

Listing Office:

  • Office Name: Universal Elite Inc.
  • Office Email: tomch3000@gmail.com
  • Listing Agent: Thomas Charles

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 27, 2017Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,972$600,432
2020$6,945$594,276
2019$6,659$582,624
2018$6,659$571,200
2017$735$42,472

History based on county public records data.

Payment Calculator

$17.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-353834
6
/10
  • Steve Luther Elementary School

  • 4631 La Palma Ave

  • 0.33 miles

  • Public District Grades KG-6

school-card-donut-353835
9
/10
  • Los Coyotes Elementary School

  • 8122 Moody St

  • 0.60 miles

  • Public District Grades KG-6

school-card-donut-353836
5
/10
  • Palms Accelerated Learning Academy

  • 12445 207th St

  • 0.66 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,529. Most Cypress, CA residents have annual incomes between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8162 Gay St

What is the listing price of this property?

The listing price of 8162 Gay St property is $3,480,000.

What type of property is this?

The property 8162 Gay St is a house located in Cypress, California, 90630.

Is this property for sale now?

Active Listing: 8162 Gay St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,972 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 27, 2017 for $850,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8162 Gay St has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 8162 Gay St is 4,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8162 Gay St is 2023.
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Rocket HomesCaliforniaOrange CountyCypress906308162 Gay St

This home is located at 8162 Gay St in Cypress, CA and zip code 90630. This 4,000 square foot home, which was built in 2023, sits on a 0.34 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $3,480,000.

In October 2024, from all listings sold in Cypress, CA there were more than 11 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price. In October 2024 in Cypress, CA there were 13.8% more homes for sale than in September 2024. In October 2024 median list price was $977,500 and the average listing age was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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