Looking for great Airbnb investment opportunity? Welcome to this exceptional home in a cul-de-sac with large lot that is licensed and permitted for short term vacation rental. Centrally located in the heart of Orange County, this fully loaded 4 bedroom / 2 bathroom home has been the getaway for many Disneyland area vacationers. Upon entry, the cozy living room features a fireplace with an open layout leading to the private backyard and covered patio area great for BBQ and relaxation. Spacious dining room and fully equipped kitchen. Main bedroom also has direct sliding door access to backyard. Each bedroom offers good size closets, large windows with plantation shutters. Recess light and ceiling fans throughout. Renovated kitchen, master bathroom and 2nd bathroom with large jetted whirlpool tub. The garage is transformed into a game room and laundry with upgrade epoxy flooring. The home features AC and central heating. Zero cost solar lease with 6 years remaining with surplus electricity saving roughly $250 per month: owner receives additional check at year end for surplus energy generated. Artificial turf in front yard for easy maintenance. Close to all major freeway, beaches, and sports stadiums. Price includes all furniture, appliances, furnishing, and supplies used to operate the Airbnb. Refrigerator, washer/dryer, patio furniture, propane grill, outdoor swing, 3 queen beds, 2 twin over twin bunk beds, dining table set, recliner sofa, 2 TVs, TV stand, Skee-ball table, 3 Arcades, Pinball, Air Hockey, Pingpong, Karaoke, Foosball included! Projected CAP Rate 6% with 82% occupany rate. A MUST SEE!
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 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. The tenant in Unit A has been in place for 20 years, and the original owner didn't raise the rent to the current market value. Tenant in unit A 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 has only been in this unit for one year. The current renter pays $3,000 a month, and the 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 and ideal for investors seeking steady rental income or 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.
Mixed Use Building in the heart of Old Town Placentia. Add Value & Opportunity Zone. Mass area gentrification. Live, Work, Play! 6 residential & 1 commercial unit. Commercial Business included in sale. Additional income from business ownership. Income Breakdown: Laundromat: $5,564/mo. & 6 Residential Rental Units: $7,245/mo. Total: $153,710/yr. This is a unique opportunity to get in front of and be a part of a massive revitalization project which will completely transform this area to a one-of-a kind destination. Perhaps help shape the area with you own vision. This property is located directly in "ground zero" of the City of Placentia's multi faceted revitalization. New approved Metrolink Station and parking structure directly in the rear of the subject property. New Packing House District Plan and the New Old Town Placentia Revitalization Plan & Streetscape approved and in place. Once in a lifetime opportunity!
Placentia is located in California. Placentia, California has a population of 51,951. Placentia is more family-centric than the surrounding county with 37.28% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Placentia, California is $103,041. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Placentia is 36.9 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 14.3 inches per year, with 0 inches of snow per year.
