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

October 31, 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 10/31/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/31/2024 at 11:17 AM UTC

 

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