$1,599,500
Pending

2362 Wyandote Avenue

Placentia, CA 92870
0.15 acres | #PW24154772
Listing OfficeCarl Reinhart, Broker
Browse 17 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

This is a rare offering of a single-story duplex apartment building with a great location! This property is literally Brea-adjacent. The side yard fence is at the city limit with the city of Brea. Yorba Linda is less than one-half mile to the east. Brea Union Plaza is one-half mile to the west. Imperial Highway is a quarter-mile north and the Orange (57) Freeway. Brea Mall are less than two miles to the west. California State University, Fullerton is approximately two and one-half miles to the west. The spacious three-bedroom/one and three-quarter bath units are each 1,370 square feet in size. Each unit has an enclosed two-car garage. Because the property is at the end of a cul-de-sac street, there is a large concrete driveway apron with four additional off-street parking spaces. The units each feature air conditioning, vaulted living room ceilings, fireplaces and private patios and yards. Water, gas, and electricity are separately metered and paid by the tenants. Landscape costs are paid by the tenant. The highly-rated Golden Elementary School is within a short walk. Because these units are so spacious and well-located, there is rarely a vacancy. The units are rented on a month-to-month basis. This property would also make a great residence for a two-generational family or would be perfect for purchase by two parties who wish to own a property and occupy one or both units. Rents are low--projected market rental rate is $3,500/month per unit, which would result in a GRM of 19.0 and a capitalization rate of 3.71%.

  • Interior Details
      • InteriorBuiltInFeatures, CeilingFans, GraniteCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
  • Property Details
      • Lot DescriptionSixToTenUnitsAcre, FrontYard, Garden, Lawn, Landscaped, Level, NearPublicTransit, RectangularLot, Ranch, StreetLevel
      • ViewNeighborhood
      • Stories1
    • Measurements
      • Acres0.15
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1976
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionPlacentia Village Grove (PLVG)
    • Location
      • CountyOrange
  • Financial Details
      • Original List Price$1,599,500
  • Other
      • MLS #PW24154772

Location

Maytha ShafferReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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