229 S Main Street, Placentia, CA 92870

$1,415,000
Sold Price
$1,415,000
List Price
$1,490,000
Closing Date
Jan 05, 2022
Status
CLOSED
MLS#
RS21216634
Year Built
2020
Lot Size
5,663
Acres
0.13
Lot Location
16-20 Units/Acre
Days on Market
55
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Alta Placentia (Alpl)

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 ½ 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), 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). Don’t miss this exceptional investment or free of living opportunity.

Additional Information

Appliances
Dishwasher, Disposal
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Roof
Concrete
Garage Spaces Total
4
Sewer
Public Sewer, Perc Test On File
Water
Public
Interior Features
Block Walls, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$84,000

Listing courtesy of Listing Agent: John Choi (johnchoi3@yahoo.com) from Listing Office: Presidential R/E II.

Listing sold by Ed Diaz from Vanguard Property Group

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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.