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!
Listing courtesy of Listing Agent: Jordan Bennett (jordan@jordanbennettonline.com) from Listing Office: Regency Real Estate Brokers.
Selling Office: Coldwell Banker Hallmark.Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.