409 Olive Street, Placentia, CA 92870

$1,147,000
Sold Price
$1,147,000
List Price
$1,200,000
Closing Date
Jul 08, 2022
MLS#
OC22127074
Status
SOLD
Type
Multifamily

Property Description

Two homes on one lot. Front house 3bed/2bath 1,300 SF fully renovated Front house and 2022 New construction fully permitted and approved ADU in the back consisting of 1 bedroom and 1 bath at 600 sf. with market rents at $3,600 and $2500. Drought tolerant landscape, and Fully paid off solar panels allow you to reduce your operating cost significantly, New electrical and PEX plumbing along with brand new roofs help you with close to zero maintenance costs while enjoying the use of high-end finishes and upgrades. Excellent location within a short walk to Downtown Placentia center of all shops and dining, close to Chapman University, also less than 0.2 miles from CalState Fullerton University. rent one and live in the other. Long driveway is great for RV/Boat park. Both homes are vacant.

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Calculator source: Real Geeks

Courtesy of Amir Soumeeh, Broker, Adrian Soumeeh. Selling Office: RPM Real Estate Services.