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Key Details
Sold Price $1,415,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RS21216634
Bedrooms 10
Lot Size 5,663 Sqft
Type of Financing Exchange
Property Description
Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity.
Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity.
Location
State CA
County Orange
Area Oc - Placentia (92870)
Zoning Builder
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Roof Type Concrete
Building
Sewer Perc Test Completed
Others
Acceptable Financing Exchange
Space Rent $3,500
Listing Terms Exchange
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Bought with Ed Diaz • Vanguard Property Group
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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