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Additional details
Listed by Jordan Bennett • Regency Real Estate Brokers
$725,000
Est. payment /mo
1,784 SqFt
UPDATED:
09/03/2024 05:56 AM
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,784 sqft
Price per Sqft $406
MLS Listing ID OC-23091776
Style Ranch
Year Built 1951
Lot Size 6,098 Sqft
Property Description
Excellent investment opportunity!!! Permitted Duplex ideally located in a high demand rental area very close to Cal State Fullerton, Hope Intl University, Old Town Placentia, an abundance of shopping and dining, adjacent to 3 local churches, including Saint Joseph's Catholic Church & School, and just across the street from Valencia High School with just a short walk to Ruby Drive Elementary, Kraemer Middle School, and Kraemer Memorial Park, plus easy 57 and 91 Freeway access. Both units will be delivered vacant. Pro forma rents once rehabbed will be $2800 for the two bedroom and $2300 for the one bedroom. Two parking spots (one garage and one driveway) for each unit. Should be well over a 5% cap rate factoring the remodel cost and renting these units at full market value!
Location
State CA
County Orange
Interior
Interior Features Ceiling Fan(s), Beamed Ceilings
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Laundry In Garage
Exterior
Parking Features Garage - Three Door, Garage - Two Door, Driveway
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
Building
Lot Description Front Yard, Park Nearby, Yard
Sewer Public Sewer
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