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Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 1
Lot Size 
Approx. Age 1965
MLS® Number NP25175174

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberNP25175174
Laundry LevelCommon Area, Washer Hookup, Inside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.0026
Exterior
GarageYes
Approx. Age1965
Basement
Driveway
Garage Spaces
Heat
A/CWall Window Units
Heating Fuel

Extras

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