$3,450,000
$3,800,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
0.73 Acres Lot
SOLD DATE : 10/10/2024
Key Details
Sold Price $3,450,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Yorba Linda Homes (Yrlh)
MLS Listing ID NP24123588
Sold Date 10/10/24
HOA Y/N No
Year Built 1962
Lot Size 0.726 Acres
Property Description
4702 Avocado Avenue is an 8 Unit Multifamily, legacy asset, located in one of Orange County’s’ 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 85 - Yorba Linda
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Suburban, Sidewalks
Parking Type Assigned
Total Parking Spaces 18
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public, Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 32325134
Energy Description 412.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Ignacio Diaz Jr. • Investment Capital Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States