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18222 Mandarin Lane, Yorba Linda, CA 92886

Property · 2 recorded sales since 2015

18222 Mandarin Lane, Yorba Linda, CA 92886 Sold January 2021 CRMLS
$1,460,000Sold January 2021

Listing Agent: Pat Swanson (DRE #01382974) · Listing Office: Pat Swanson · Contact: 949-724-5564 · Bought with: Gene Tsair · Realty Pro 100 · MLS #OC20200385 · Source: CRMLS

16,789 sqft
Lot Size
1966
Year Built
Property
Type
2
Stories
8
Garage

About this property

Located just One Block from Old Towne Yorba Linda, this property offers an investor two, individually parceled four-plexes, with one building having an additional non-conforming studio unit. Tenants enjoy garages, open parking, and community laundry facilities. There is significant upside in rental income due to the excellent unit mix of: (1) 3 Bed / 1.75, (5) 2 Bed / 1 Bath, (2) 1 Bed / 1 Bath, and (1) Non-conforming Studio. Because of Yorba Linda’s apartment shortage, accompanied by the high cost of living, makes this a great investment for any Buyer. This offers an investor an excellent opportunity to obtain residential financing on both properties as well. Please note that the studio unit is being rented for $680 a month. Contact listing agent for further details regarding unit mix, set up and marketing package.

Listing description from the January 2021 sale, as reported to CRMLS.

Sale history

$1,460,000
Sold January 2021 · listed $2,925,000, on market September 2020 · MLS #OC20200385 · Source: CRMLS
Listing Agent: Pat Swanson · Listing Office: Pat Swanson · Contact: 949-724-5564 · Bought with: Gene Tsair · Realty Pro 100
$1,225,000
Sold July 2015 · listed $1,195,000, on market April 2015 · MLS #PW15082895 · Source: CRMLS
Listing Agent: Gregg Horvath · Listing Office: R.L.M. Equities · Contact: 949-862-1020 · Bought with: Wendy Rawley · Keller Williams Realty
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