2362 Iroquois AVE #A&B, Placentia, CA 92870 – PW24202068

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$1,500,000

Est. payment - /mo

9,600 Sqft Lot

Active Under Contract

2362 Iroquois AVE #A&B Placentia, CA 92870

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Steve Gilbert

steveresocal@gmail.com +1(619) 743-8823

UPDATED:

12/23/2024 07:43 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Placentia Village Grove (Plvg)

MLS Listing ID PW24202068

Construction Status Repairs Cosmetic,Turnkey

HOA Y/N No

Year Built 1976

Lot Size 9,600 Sqft

Property Description

Nestled at the end of a quiet cul-de-sac and bordering the city of Brea, this exceptional single-story duplex offers an unbeatable location. Yorba Linda is just half a mile east, Koch Park and Golden Elementary are across the street. Brea Union Plaza is a quick half-mile to the west, giving you convenient access to shopping, dining, and entertainment. Situated only a quarter-mile from Imperial Highway and less than two miles from the Orange (57) Freeway and Brea Mall, this property is in the heart of it all. California State University, Fullerton, is also just 2.5 miles away, making this an ideal location for families and professionals. Each spacious unit, spanning 1, 370 square feet, features three bedrooms and two baths. The homes boast vaulted living room ceilings, fireplaces, air conditioning, and private patios and yards, providing comfort and charm. Each unit also includes an enclosed two-car garage, and the large concrete driveway offers guests four additional off-street parking spaces. The tenant in Unit A has been in place for 20 years, and the original owner didn't raise the rent to the current market value. Tenant in unit A is paying $2,600 a month, and the unit is in original condition with cement floors. Unit B: The tenant has been a long-term renter, but has only been in this unit for one year. The current renter pays $3,000 a month, and the unit is upgraded. Both of these units can potentially bring at least $3,400 each per month. This property is uniquely set up with separate metered water, gas, and electricity, all paid for by tenants. Tenants also handle their own landscaping, further reducing maintenance costs. Zoned for the highly-rated Golden Elementary School, which is just a short walk away, this property is perfect for families. With its prime location and desirable features, these units rarely experience vacancies. Rented on a month-to-month basis, the property is versatile and ideal for investors seeking steady rental income or families looking to share a home in a two-generational living setup. It's also an excellent opportunity for two parties to own and occupy one or both units. Don't miss out on this rare gem.

Location

State CA

County Orange

Area 84 - Placentia

Interior

Interior Features Open Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level

Heating Central, Forced Air

Cooling Central Air, Electric

Flooring Carpet, Concrete, Tile

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Disposal, Gas Range, Gas Water Heater, Microwave, Range Hood

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Concrete, Door-Multi, Driveway, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Average Condition, Block, Wood

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Cul-De-Sac, Front Yard, Near Park, Near Public Transit, Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Repairs Cosmetic,Turnkey

Others

Senior Community No

Tax ID 33652006

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Wendy Rawley • Circa Properties, Inc. • 714.746.6355

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Steve Gilbert

Agent | License ID: 00813555

+1(619) 743-8823

2362 Iroquois AVE #A&B Placentia, CA 92870

Steve Gilbert

Key Details

Location

Interior

Exterior

Building

Others

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2362 Iroquois AVE #A&B