709 N Bradford AVE, Placentia, CA 92870 – OC23091776

$770,000

Est. payment -/mo

$725,000

6.2%

Est.Price: ?

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6,098 Sqft Lot

SOLD DATE : 07/03/2023

Key Details

Sold Price $770,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision ,Other

MLS Listing ID OC23091776

Sold Date 07/03/23

HOA Y/N No

Year Built 1951

Lot Size 6,098 Sqft

Property Description

Excellent investment opportunity!!! Permitted Duplex ideally located in a high demand rental area very close to Cal State Fullerton, Hope Intl University, Old Town Placentia, an abundance of shopping and dining, adjacent to 3 local churches, including Saint Joseph’s Catholic Church & School, and just across the street from Valencia High School with just a short walk to Ruby Drive Elementary, Kraemer Middle School, and Kraemer Memorial Park, plus easy 57 and 91 Freeway access. Both units will be delivered vacant. Pro forma rents once rehabbed will be $2800 for the two bedroom and $2300 for the one bedroom. Two parking spots (one garage and one driveway) for each unit. Should be well over a 5% cap rate factoring the remodel cost and renting these units at full market value!

Location

State CA

County Orange

Area 84 - Placentia

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop

Laundry In Garage

Exterior

Parking Features Door-Multi, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link, Wood

Pool None

Community Features Curbs, Sidewalks, Park

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard, Near Park, Yard

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 33929222

Energy Description 720.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Probate Listing

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Diego Magdaleno

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Listed by Jordan Bennett • Regency Real Estate Brokers
Bought with Andrea Megerdichian • Coldwell Banker Hallmark

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