$1,171,537*
●
House -
Off Market
416 Magnolia Avenue
Brea, CA 92821
4 Beds
3 Baths
1856 Sqft
$720,000 - $878,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
TWO ON A LOT. Range pricing $799,000 to $849,000 Beautiful turnkey
3 bdrm & 2 bath home with many upgrades PLUS A SEPARATE STUDIO
(Granny Flat) perfect for extended family or to generate revenue by
renting out long term or doing short term rentals, Estimated market
rent for studio is up to $1,400 per month! Total square feet
of both the home and the back Apt. totals 1,856. RENTING OUT THE
BACK APT. SAVES THE BUYER OVER $600 PER MONTH COMPARED TO BUYING A
SIMILAR HOME WITHOUT THE SEPARATE UNIT. Great location within
walking distance of Downtown Brea, and Laurel Elementary school.
This tastefully and thoughtfully upgraded home is sure to impress.
In the past 4 years, the sellers have replaced the roof, remodeled
the kitchen, refinished the hardwood floors, upgraded the
electrical panel, painted the interior and exterior, added a new
attached patio cover, completed a seismic upgrade, added LED
recessed lighting, installed in-ceiling speakers throughout, and
much more! Located in a great neighborhood with excellent public
schools, and within couple of blocks of 2 Montessori schools. An
alley in the rear provides access to the 2-car garage, which is
adjacent to the studio with 3/4 Bath, kitchen, lots of living
space, and beautifully appointed, which will be fully permitted as
an Accessory Dwelling Unit before close of escrow. Savings
mentioned above are estimated and may change with buyers specific
circumstances. Buyer should check with their CPA for actual
savings numbers.
The manager has listed the unit size as 1856 square feet.
The manager has listed the unit size as 1856 square feet.
Unit Size
1,856Ft²
Days on Market
-
Land Size
6,372.00 acres
Price per sqft
$431
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 11, 2019 | No longer available | - | |
No longer available | |||
Jul 16, 2019 | No longer available | - | |
No longer available | |||
Jun 25, 2019 | Price Decreased |
$799,000
↓ $50K
(5.9%)
|
|
Price Decreased | |||
Jun 16, 2019 | Price Decreased |
$849,000
↓ $20K
(2.3%)
|
|
Price Decreased | |||
Jun 8, 2019 | Listed | $869,000 | |
Listed | |||
|
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TWO ON A LOT. An upgraded 3/2 home with a two car detached garage
and a Studio in the rear of the property. Studio is permitted as an
ADU (Accessory Dwelling Unit) and either the home or studio can be
rented out as long as owner lives on the property or rent the whole
property to one tenant? Great opportunity for a Buyer to live in
this desirable neighborhood at a discounted price as an owner
occupied. Home is a highly upgraded 3 bedroom 2 bath with a newer
kitchen, roof, plumbing…
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Property Highlights
Air Conditioning
Garage
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/01/2019
|
|
4 Bed
|
3 Bath
|
1856 ft²
|
$895,000
4 Bed
3 Bath
1856 ft²
|
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