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%.
Property Details
Price:
$1,599,500
MLS #:
PW24154772
Status:
Pending
Baths:
0
Address:
2362 Wyandote Avenue
Type:
Residential Income
Subtype:
Duplex
Subdivision:
Placentia Village Grove PLVG
Neighborhood:
84placentia
City:
Placentia
Listed Date:
Jul 27, 2024
State:
CA
ZIP:
92870
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1976
See this Listing
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Schools
Interior
Appliances
Dishwasher, Free- Standing Range, Disposal, Microwave, Water Heater
Cooling
Central Air, Electric
Fireplace Features
Living Room, Wood Burning
Flooring
Carpet, Tile
Heating
Central, Forced Air, Natural Gas
Interior Features
Built-in Features, Ceiling Fan(s), Granite Counters
Exterior
Community Features
Suburban
Electric
220 Volts in Garage
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
6-10 Units/ Acre, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Near Public Transit, Ranch
Parking Features
Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage – Two Door, Parking Space
Parking Spots
7.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas, Water
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Map
Community
- Address2362 Wyandote Avenue Placentia CA
- Area84 – Placentia
- SubdivisionPlacentia Village Grove (PLVG)
- CityPlacentia
- CountyOrange
- Zip Code92870
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Courtesy of Carl Reinhart, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
2362 Wyandote Avenue
Placentia, CA
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