Yorba Linda, CA 92886,4702 Avocado Avenue
Yorba Linda, CA 92886,4702 Avocado Avenue
Yorba Linda, CA 92886,4702 Avocado Avenue
$3,450,000
Est. payment /mo
$3,800,000
9.2%
Est.Price: ?

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2 Beds
1 Bath
0.73 Acres Lot
SOLD DATE : 10/10/2024

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

Sold Date 10/10/24

Bedrooms 2

HOA Y/N No

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

Level or Stories 2 Story

Others

Monthly Total Fees $234

Acceptable Financing Cash, Conventional

Space Rent $1,977

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Ignacio Diaz Jr. • Investment Capital Real Estate
Bought with Ignacio Diaz Jr. • Investment Capital Real Estate
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