$1,415,000
$1,490,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3,734 SqFt
SOLD DATE : 01/05/2022
Key Details
Sold Price $1,415,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,734 sqft
Price per Sqft $378
Subdivision Alta Placentia (Alpl)
MLS Listing ID RS21216634
Sold Date 01/05/22
Construction Status Building Permit
HOA Y/N No
Year Built 2020
Lot Size 5,662 Sqft
Acres 0.13
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
Rooms
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Interior
Interior Features Block Walls, Bedroom on Main Level
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Garage 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
Parking Type Garage, Garage Door Opener
Total Parking Spaces 4
Private Pool No
Building
Lot Description 16-20 Units/Acre
Faces East
Story Two
Entry Level Two
Sewer Public Sewer, Perc Test On File
Water Public
Level or Stories Two
New Construction No
Construction Status Building Permit
Others
Senior Community No
Tax ID 33936418
Security Features Fire Detection System,Smoke Detector(s)
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Ed Diaz • Vanguard Property Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner