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Key Details
Sold Price $3,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NP24123588
Bedrooms 2
Lot Size 0.726 Acres
Property Description
4702 Avocado Avenue is an 8 Unit Multifamily, legacy asset, located in one of Orange Countys premier affluent suburbs. Yorba Linda has been ranked among the best and safest places to live and this property is truly a rare find surrounded by multi-million-dollar estates. This charming location gives tenants convenient access to the new Yorba Linda Town Center (a 15 minute walk), Main Street Historic District, Yorba Linda High School, the Black Gold Golf Club, the famous Richard Nixon Library & Museum, and the popular Brea Mall and Downtown Brea shopping and entertainment. Built on an oversized, 31,636 square foot parcel of land, the beautifully landscaped property consists of four duplex buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment for tenants amongst mature landscaping and avocado trees. Community amenities include spacious 2 bedroom floor plans averaging 930 square feet each with large block fenced patios, wood burning fireplaces, central or wall A/C, assigned garages and open car spaces, and two on-site laundry facilities. The Avocado Apartment Homes is a pride of ownership opportunity with roughly 33% upside potential in rents in a prime irreplaceable location, providing a real estate investor an excellent long-term investment. Drive By Only, Do Not Disturb Residents.
4702 Avocado Avenue is an 8 Unit Multifamily, legacy asset, located in one of Orange Countys premier affluent suburbs. Yorba Linda has been ranked among the best and safest places to live and this property is truly a rare find surrounded by multi-million-dollar estates. This charming location gives tenants convenient access to the new Yorba Linda Town Center (a 15 minute walk), Main Street Historic District, Yorba Linda High School, the Black Gold Golf Club, the famous Richard Nixon Library & Museum, and the popular Brea Mall and Downtown Brea shopping and entertainment. Built on an oversized, 31,636 square foot parcel of land, the beautifully landscaped property consists of four duplex buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment for tenants amongst mature landscaping and avocado trees. Community amenities include spacious 2 bedroom floor plans averaging 930 square feet each with large block fenced patios, wood burning fireplaces, central or wall A/C, assigned garages and open car spaces, and two on-site laundry facilities. The Avocado Apartment Homes is a pride of ownership opportunity with roughly 33% upside potential in rents in a prime irreplaceable location, providing a real estate investor an excellent long-term investment. Drive By Only, Do Not Disturb Residents.
Location
State CA
County Orange
Area Oc - Yorba Linda (92886)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $234
Acceptable Financing Cash, Conventional
Space Rent $1,977
Listing Terms Cash, Conventional
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Bought with Ignacio Diaz Jr. • Investment Capital Real Estate
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