Avocado Apartment Homes
8 Unit Apartment Building Offered at $3,950,000 in Yorba Linda, CA 92886
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,950,000
- Property Type
-
Multifamily
- Square Feet
- 7,453 SF
Listing Contacts
Ignacio Diaz Jr
Verified Profile
- Property Info
Property Overview
4702 Avocado Avenue is an 8 Unit Multifamily, legacy asset, located in one of Orange County’s’ premier affluent suburbs. Yorba Linda has been ranked among the best and safest places to live and this property is truly a rare find surrounded by multi-million-dollar estates. This charming location gives tenants convenient access to the new Yorba Linda Town Center (a 15 minute walk), Main Street Historic District, Yorba Linda High School, the Black Gold Golf Club, the famous Richard Nixon Library & Museum, and the popular Brea Mall and Downtown Brea shopping and entertainment.
Built on an oversized, 31,636 square foot parcel of land, the beautifully landscaped property consists of four duplex buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment for tenants amongst mature landscaping and avocado trees. Community amenities include spacious 2 bedroom 1 bath floor plans averaging 930 square feet each with large block fenced patios, wood burning fireplaces, central or wall A/C, assigned garages and open car spaces, and two on-site laundry facilities.
The Avocado Apartment Homes is a pride of ownership opportunity with roughly 38%± upside potential in rents in a prime irreplaceable location, providing a real estate investor an excellent long-term investment.
Built on an oversized, 31,636 square foot parcel of land, the beautifully landscaped property consists of four duplex buildings set back from the street. The large lot and design layout provide a low-density, quiet residential living environment for tenants amongst mature landscaping and avocado trees. Community amenities include spacious 2 bedroom 1 bath floor plans averaging 930 square feet each with large block fenced patios, wood burning fireplaces, central or wall A/C, assigned garages and open car spaces, and two on-site laundry facilities.
The Avocado Apartment Homes is a pride of ownership opportunity with roughly 38%± upside potential in rents in a prime irreplaceable location, providing a real estate investor an excellent long-term investment.
Property Details
- Year Built
- 1962
- Stories
- 1
- Lot Size (sq. ft)
- 37,026 SF
- Units
- 8
Highlights
- Rare, Legacy Asset, Located in the Affluent Community of Yorba Linda
- Prime Location, Surrounded By Multi-Million Dollar Estates
- Four Duplexes Built on an Oversized Parcel of Land; 31,636 Square Feet
- Spacious 2 Bedroom Floor Plans, Averaging 930 Square Feet Each
- Fireplaces, Large Block Patios, Garages and Two On-Site Laundry Facilities
- 38%± Upside Potential in Income; Value-Add Investment Opportunity
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