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Key Details
Sold Price $1,415,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Alta Placentia (Alpl)
MLS Listing ID RS21216634
Year Built 2020
Lot Size 5,662 Sqft
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 ½ 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).
Don't miss this exceptional investment or free of living opportunity.
Location
State CA
County Orange
Area 84 - Placentia
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Parking Features Garage, Garage Door Opener
Garage Spaces 4.0
Garage Description 4.0
Fence Block
Pool None
Community Features Urban
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
View Y/N No
View None
Roof Type Concrete
Building
Lot Description 16-20 Units/Acre
Story Two
Sewer Public Sewer, Perc Test On File
Water Public
New Construction No
Others
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Bought with Ed Diaz • Vanguard Property Group