Yorba Linda, CA 92886,18222 Mandarin LN
Yorba Linda, CA 92886,18222 Mandarin LN
Yorba Linda, CA 92886,18222 Mandarin LN
Yorba Linda, CA 92886,18222 Mandarin LN
Yorba Linda, CA 92886,18222 Mandarin LN
Yorba Linda, CA 92886,18222 Mandarin LN
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$1,460,000

$2,925,000

50.1%
Est.Price: ?

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Est. payment /mo

0.39 Acres Lot


SOLD DATE : 01/15/2021

Key Details

Sold Price $1,460,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID OC20200385

Sold Date 01/15/21

HOA Y/N No

Year Built 1966

Lot Size 0.390 Acres

Property Description

Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Linda’s apartment shortage, accompanied by the high cost of living, makes this a great investment for any Buyer. This offers an investor an excellent opportunity to obtain residential financing on both properties as well. Please note that the studio unit is being rented for $680 a month. Contact listing agent for further details regarding unit mix, set up and marketing package.

Location

State CA

County Orange

Area 85 - Yorba Linda

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Private

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 32329131

Energy Description 1767.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Pat Swanson • Pat Swanson
Bought with Gene Tsair • Realty Pro 100
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4040 Barranca Pkwy, Irvine, CA, 92604

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