2362 Wyandote AVE Pending Save Request In-Person Tour Request Virtual Tour
Placentia,CA 92870
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Placentia Village Grove (Plvg)
MLS Listing ID PW24154772
HOA Y/N No
Year Built 1976
Lot Size 6,534 Sqft
Property 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%.
Location
State CA
County Orange
Area 84 - Placentia
Interior
Interior Features Built-in Features,Ceiling Fan(s),Granite Counters,All Bedrooms Down,Bedroom on Main Level,Main Level Primary
Heating Central,Forced Air,Natural Gas
Cooling Central Air,Electric
Flooring Carpet,Tile
Fireplaces Type Living Room,Wood Burning
Fireplace Yes
Appliance Dishwasher,Free-Standing Range,Disposal,Microwave,Water Heater
Laundry Washer Hookup,Electric Dryer Hookup,In Garage
Exterior
Garage Concrete,Door-Multi,Driveway Level,Driveway,Garage Faces Front,Garage,One Space
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 6-10 Units/Acre,Front Yard,Garden,Lawn,Landscaped,Level,Near Public Transit,Rectangular Lot,Ranch,Street Level
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 33652012
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard