Pending
2362 Wyandote Avenue
Placentia CA, 92870
$1,599,500
$583.76 per sqft
Pending
2,740 sqft
Multi-family
Built in 1976
Listed by Carl Reinhart with Carl Reinhart, Broker 714-404-8020
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%.
PW24154772
MLSⓇ ID
July 28, 2024
Listed
November 8, 2024
Updated
Map
2362 Wyandote Avenue
Placentia CA, 92870
Interior Features
Total Stories
1
Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Appliances
Dishwasher, Free-Standing Range, Disposal, Microwave, Water Heater
Laundry Description
Washer Hookup, Electric Dryer Hookup, In Garage
Floor Description
Carpet, Tile
Fireplace
Yes
Fireplace Description
Living Room, Wood Burning
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
6-10 Units/Acre, Front Yard, Garden, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Ranch, Street Level
Architectual Style
Ranch
Roof
Composition, Shingle
Sewer
Public Sewer
Other Property Details
Area Name
84 - Placentia
Days on Market
33
Garage
Yes
Garage Spaces
4
Parking
Concrete, Door-Multi, Driveway Level, Driveway, Garage Faces Front, Garage, One Space
Parking Total
7
View
Yes
View Description
Neighborhood
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
8/31/2024 | Pending | — |
Listing Contact: 714-404-8020
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/8/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/8/2024 at 4:52 PM UTC