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2362 Iroquois Avenue, #B

Placentia, CA 92870

$1,500,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

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1976

calendar_month Built

Property Description

Nestled at the end of a quiet cul-de-sac and bordering the city of Brea, this exceptional single-story duplex offers an unbeatable location. Yorba Linda is just half a mile east, Koch Park and Golden Elementary are across the street. Brea Union Plaza is a quick half-mile to the west, giving you convenient access to shopping, dining, and entertainment. Situated only a quarter-mile from Imperial Highway and less than two miles from the Orange (57) Freeway and Brea Mall, this property is in the heart of it all. California State University, Fullerton, is also just 2.5 miles away, making this an ideal location for families and professionals. Each spacious unit, spanning 1,370 square feet, features three bedrooms and two baths. The homes boast vaulted living room ceilings, fireplaces, air conditioning, and private patios and yards, providing both comfort and charm. Each unit also includes an enclosed two-car garage, and the large concrete driveway offers guests four additional off-street parking spaces. Until A: The tenant has been in place for 20 years, and the original owner didn't raise her rent to the current market value. She is paying $2,600 a month, and the unit is in original condition with cement floors. Unit B: The tenant has been a long-term renter, but she has only been in this unit for one year. She pays $3,000 a month, and her unit is upgraded. Both of these units can potentially bring at least $3,400 each per month This property is uniquely set up with separate metered water, gas, and electricity, all paid for by tenants. Tenants also handle their own landscaping, further reducing maintenance costs. Zoned for the highly-rated Golden Elementary School, which is just a short walk away, this property is perfect for families. With its prime location and desirable features, these units rarely experience vacancies. Rented on a month-to-month basis, the property is versatile—ideal for investors seeking steady rental income or for families looking to share a home in a two-generational living setup. It's also an excellent opportunity for two parties to own and occupy one or both units. Don't miss out on this rare gem.

Listing Information

List Price $1,500,000
Status Active
MLS PW24202068
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1976
Lot Size 9,602
Structure Size N/A
DOM 1
Courtesy Of Circa Properties, Inc.
Listing Agent Wendy Rawley DRE#01898824

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Carpet, Concrete, Tile
Fireplace Information
Features Living Room
Additional Information
Additional Features Open Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level
Cooling Type
Cooling Type Central Air, Electric

Exterior Information

Maps

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Listing information courtesy of: Wendy Rawley, Circa Properties, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 1:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.