Day One Cash Flow in Orange County

Let's Cut Right to It.

You know what's rare in Southern California real estate?

A property that's already working for you before you even get the keys.

No renovation timeline. No tenant search. No gap in income while you figure out the ADU situation. Just a fully equipped, fully leased additional unit sitting on the same lot as a beautifully updated 3-bedroom Craftsman — and a rent check already in motion.

That's what 940 Cypress Ave delivers. And at $998,000, we need to talk about why this is actually the deal hiding in plain sight.

🏡 First, the Main House

Let's set the stage. The primary residence is a 3-bedroom Craftsman — and before you picture some outdated mid-century relic, understand that this one has been done right.

The primary suite features a walk-in closet and an updated bathroom. That's the detail that moves the needle on rent — quality finishes attract quality tenants who stay longer and treat the property better. AC keeps everyone comfortable year-round. And the curb appeal! 

💰 Now Let's Talk About the Real Story: The ADU

Here's where sophisticated investors lean in.

The ADU isn't a project. It isn't a permit application. It isn't a construction timeline you're hoping doesn't blow up your budget.

It's fully equipped. And it's already leased.

That means from the moment this deal closes, you have a tenant in place generating income. Day one. Not month six, not after the build-out — day one.

Think about what that does to your real cost of ownership. Think about what that does to your debt service. Think about what that does to your ability to hold this asset long-term while Orange County appreciation does its thing in the background.

This isn't theory. The tenant is already there.

📍 The Neighborhood Angle — Straight Talk

This is an established neighborhood in Placentia — which means you're not buying into a war zone, but you're also not overpaying for a manicured street in the fancy part of town. That's the investment sweet spot.

You're getting a real OC address, a real OC rental market, and a real OC appreciation trajectory — Placentia homes have a median hitting $1.2 million Redfin — without paying the premium that comes with a fancier zip code block.

The people who build real wealth in real estate aren't the ones buying the best-looking asset in the most expensive neighborhood. They're the ones buying the best-positioned asset at the right price — and letting the market do the rest.

DM me right now to be notified for the first showing opportunity. These don't last, and this one will move.

940 Cypress, Placentia | Click Here 👇🏻

Patti Gregory Realtor

Haven Realty Group

714.398.1998

Real Brokerage

DRE 01182154