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    18222 Mandarin Lane

    Yorba Linda, CA 92886
    • $2,925,000
    • STATUS: CONTINGENT
    • ON SITE: 102 days
    • ID#: 302913265
    Under Contract
    UPDATED: 57 min ago
    $2,925,000
    • 8
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Lindas apartment shortage, accompanied by the high cost of livi Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Lindas apartment shortage, accompanied by the high cost of living, makes this a great investment for any Buyer. This offers an investor an excellent opportunity to obtain residential financing on both properties as well. Please note that the studio unit is being rented for $680 a month. Contact listing agent for further details regarding unit mix, set up and marketing package.

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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.
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    18222 Mandarin Lane Yorba Linda, CA 92886

    • Price: $2,925,000
    • Status: CONTINGENT
    • Updated: 57 min ago
    • ID#: 302913265
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    1966
    Built
    Neighborhood:
    Oc - Yorba Linda (92886)
    County:
    Orange
    Area:
    Oc - Yorba Linda (92886)
    Property Description
    Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Lindas apartment shortage, accompanied by the high cost of livi Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Lindas apartment shortage, accompanied by the high cost of living, makes this a great investment for any Buyer. This offers an investor an excellent opportunity to obtain residential financing on both properties as well. Please note that the studio unit is being rented for $680 a month. Contact listing agent for further details regarding unit mix, set up and marketing package.
    Exterior Features

    Pool N/K Site Corner LotSidewalks

    Interior Features

    Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Annual Expense Actual 53729 Buildings 4 Gross Scheduled Income Actual 151260 Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1850.0 Unit2 Rent Actual 1425.0 Unit3 Rent Actual 1200.0 Unit4 Rent Actual 1550.0 Zoning Public Rec

    Listing provided courtesy of Pat Swanson. 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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