18181 Mandarin LN, Yorba Linda, CA 92886

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Juan Oropeza

Citiwide Realty Group

juan@juanorealtor.com +1(818) 941-0721

$ 1,895,000

Est. payment | -/mo

113 Sqft Lot

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$ 1,895,000

Est. payment | -/mo

Save

113 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Yorba Linda Town Center

MLS Listing ID NP25175174

HOA Y/N No

Year Built 1965

Lot Size 113 Sqft

Property Sub-Type Quadruplex

Property Description

18181 Mandarin Lane is a pride of ownership fourplex, located in one of Orange County's desirable affluent suburbs. The city of Yorba Linda has been ranked among the best and safest places to live, providing tenants a quiet, higher quality living environment. This excellent location offers tenants convenient access to the new Yorba Linda Town Center, 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. The property has a Covington style build, with one large 3 Bedroom unit in the front and three additional rental units in the back, all with well-designed floor plans. Amenities include garage spaces, fenced patios, A/C, updated interiors, and an on-site laundry room. There is roughly a 25% ± upside potential in rents for an investor to enhance their return, as current rents are substantially below market. A limited supply of apartments in the city of Yorba Linda, low vacancy rates and the affordability gap between buying and renting should continue to ensure a consistent demand for these rental units. This fourplex is a rare opportunity in an irreplaceable location and an excellent long-term investment.

Location

State CA

County Orange

Area 85 - Yorba Linda

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Washer Hookup, Inside, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Cul-De-Sac, Rectangular Lot

Story 2

Entry Level Two

Sewer Private Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 32329121

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Standard

Listed by Ignacio Diaz Jr. Investment Capital Real Estate id@investmentcapitalre.com

18181 Mandarin LN Yorba Linda, CA 92886