709 North Bradford Avenue, Placentia, CA 92870
- $725,000
- 1,784
- SqFt
- List Price
- $725,000
- Status
- PENDING
- MLS#
- OC-23091776
- Year Built
- 1951
- Living Sq. Ft
- 1,784
- Lot Size
- 6,098
- Lot Location
- Front Yard, Yard, Park Nearby
- Days on Market
- 13
- Property Type
- Multifamily
- Style
- Ranch
- Stories
- 1
- Neighborhood
- Other
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!
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Additional Information
- Land Lease Type
- Fee
- Lot Description
- Front Yard, Yard, Park Nearby
- Appliances
- Gas Cooktop
- Fireplace Description
- None
- View
- Neighborhood
- Parking
- Garage - Two Door, Garage - Three Door
- Garage Spaces Total
- 2
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Listing courtesy of Regency Real Estate Brokers.