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18006 Avolinda Dr, Yorba Linda, CA 92886
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18006 Avolinda Dr Yorba Linda, CA 92886

$2,000,000
  • 9 Beds
  • 5 Baths
  • 4,480 Sq.Ft.
Back Up Offer
$2,000,000 Get Pre-Qualified
Map preview of 18006 Avolinda Dr, Yorba Linda, CA 92886

Property Overview: 18006 Avolinda Dr Yorba Linda, CA has 9 bedrooms, 5 bathrooms, 4,480 living square feet and 12,197 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 18006 Avolinda Drive is a rare 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 gives 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. Built in 1970 with enclosed garages, the property consists of one large 3 Bedroom unit and three 2 bedrooms with well-designed floor plans. Community amenities include spacious living, fenced patios, central or wall A/C, assigned garages and open car spaces, and an on-site laundry area. There is upside potential in rents for an investor to enhance their return through strategic value-add interior improvements and renovations. 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. The Avolinda Drive Fourplex is a true pride of ownership opportunity in an irreplaceable location and an excellent long-term investment.

Listed by Ignacio Diaz Jr. | BRE #01379930 | Investment Capital Real Estate
Last checked: 14 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
12,197
HOA Dues
$0/mo
Year built
1970
Garage
5 Car
Property Type:
Fourplex
Status
Back Up Offer
MLS#
NP24180104
City
Yorba Linda
County
Orange
Time on Site
17 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,040
  • Total Rent: $2,040
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $2,980
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,980
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,980
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $148,080
  • Net Operating Income: $115,943
  • Gross Operating Income: --
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $33,337
  • Electric: $172
  • Gas/Fuel: $206
  • New Taxes: $24,073
  • Trash: $1,842
  • Insurance: $2,100
  • Maintenance: $1,300
  • Water/Sewer: $1,934

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Property Details for 18006 Avolinda Dr

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: Corner Lot, Landscaped, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 32313301
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: Major Cross Streets are Imperial Hwy and Eureka Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
View more facts & features

Local Yorba Linda Agent

Sale History for 18006 Avolinda Dr

View property's historical transactions

  • September, 2024

  • Sep 9, 2024

    Date

    Back Up Offer

    CRMLS: NP24180104

    $2,000,000

    Price

  • Aug 29, 2024

    Date

    Active

    CRMLS: NP24180104

    $2,000,000

    Price

Tax History for 18006 Avolinda Dr

Assessed Value (2020): $560,479
Year Land Value Improved Value Assessed Value
2020 $319,473 $241,006 $560,479

Home Value Compared to the Market

This property vs the competition

18006 Avolinda Dr is listed 42.96% higher than the median list price for the city of Yorba Linda which has a median list price of $1,399,000. The median price per/sqft for Yorba Linda is $601 and this home is listed at $446.43 per/sqft which puts the price per square foot 25.72% lower than the median price per square foot for the city of Yorba Linda.

About 18006 Avolinda Dr

Detailed summary of property

18006 Avolinda Dr is a fourplex located in Yorba Linda, CA 92886 and is currently in escrow to be sold. This fourplex offers 9 bedrooms, 5 bathrooms, roughly 4,480 living square feet, and sits on an approximately 12,197 square foot lot. 18006 Avolinda Dr was first listed on ArdentRealEstateGroup.com on August 30, 2024. The homeowner is currently asking $2,000,000. The median priced home in Yorba Linda is $1,399,000 with a median price per square foot of $601. Based on Ardent Real Estate Group's Yorba Linda Market Data, this home is listed 42.96% higher than the median priced home. Local competing homes currently for sale include 1000 E Commonwealth Ave, 1000 E Commonwealth Ave and 756 N Shattuck Pl. While the average home in Yorba Linda, CA is selling in 50 days, 18006 Avolinda Dr has a days on market of 18 days. There are currently 177 homes for sale in the Yorba Linda real estate market and 132 of them are single family homes while 31 of them are condos and 14 are townhomes. For more information on this home for sale at 18006 Avolinda Dr Yorba Linda, CA 92886 contact Ardent Real Estate Group and we will put you in touch with one of our Yorba Linda agents.

Public Facts for 18006 Avolinda Dr

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
4,480
Lot Size
12,580
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
5
APN
323-133-01

The source for these homes facts are from public records.

92886 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,449,000
Median List Price/Sq.Ft.
$628
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$613
Total Inventory
121
Median Sale to List Price %
97.6%
Avg Days on Market
25
Loan Type
Conventional (44.9%), FHA (8.16%), VA (2.04%), Cash (30.61%), Other (14.29%)

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Yorba Linda Agent
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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