2362 Iroquois Avenue, #A&B, Placentia, CA 92870

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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 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.


Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Kitchen Information
Features Tile Counters
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Bedrooms 6
Bathroom Information
Features Bathroom Exhaust Fan, Bathtub, Full Bath on Main Level, Tub Shower
Bathrooms 4
Flooring Information
Material Carpet, Concrete, Tile
Interior Information
Features Block Walls, Separate/Formal Dining Room, Open Floorplan, All Bedrooms Down, Bedroom on Main Level
Cooling Type Central Air, Electric

Listing Information

Address 2362 Iroquois Avenue, #A&B
City Placentia
State CA
Zip 92870
County Orange
Listing Agent Wendy Rawley DRE #01898824
Courtesy Of Circa Properties, Inc.
List Price $1,500,000
Status Active
Type Residential
Subtype Duplex
Structure Size 2,582
Lot Size 436
Year Built 1976

Listing information courtesy of: Wendy Rawley, Circa Properties, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 9th, 2024 at 1:57 AM 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.