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    229 S Main Street

    Placentia, CA 92870
    • $1,490,000
    • STATUS: CONTINGENT
    • ON SITE: 24 Days
    • ID#: RS21216634
    Under Contract
    $1,490,000
    • 10
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), Kreamer middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity. Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), Kreamer middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/121905203
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    229 S Main Street Placentia, CA 92870

    • Price: $1,490,000
    • Status: CONTINGENT
    • ID#: RS21216634
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    Oc - Placentia (92870)
    County:
    Orange
    Area:
    Oc - Placentia (92870)
    Property Description
    Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), Kreamer middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity. Rare finding almost brand new Duplex (2020 built) with a phenomenal CAP rate($3,500/M x 2units/tenant paid on time, never late) in the heart of Placentia city. Each unit has 1,867 square feet with 5 bedrooms(one bed downstairs with own full bath), 3.5 bathrooms, own laundry room and two car detached garage. Two separate addresses (229 S. Main and 229 S. Main) and separated utility(Water, gas, electric) meters. Side and back yards have their own private patio and BBQ island. These provided perfect privacies for both families and the owner could live in one unit. Close to great schools (Ruby Drive Elem(0.6 mile), Kreamer middle(0.5 mile) and Valencia high(0.4 mile)), banks, shopping, supermarkets, church, memorial park, HIU, . Located near Cal State Fullerton and downtown Placentia and minutes away from the freeway access(57 & 91 Freeways). Dont miss this exceptional investment or free of living opportunity.
    Exterior Features

    Exterior Stucco Pool N/K Roof Concrete Spa N/K

    Interior Features

    Cooling Central Forced Air Stories 2 Story Total Baths Unit1 4 Total Baths Unit2 4

    Property Features

    Actual Cap Rate 4.21 Annual Expense Actual 21200 Assessments N/K Buildings 2 Cfd Mello Roos Fee 837.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 84000 Home Owners Fees 0.0 Possession Close Of Escrow Sewer Septic Perc Test Completed Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3500.0 Unit2 Rent Actual 3500.0 Zoning Builder

    Listing provided courtesy of Presidential R/E II. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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