719 S Walnut
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by T.N.G. Real Estate Consultants | $998,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
| Dec 29, 2025 | Listed by T.N.G. Real Estate Consultants | $998,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
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First time on the market and the homes sits on a Zone R-3 lot! Welcome to 719 S. Walnut Street in Brea, a rare opportunity to own a property that has been lovingly held by the original owner’s family since 1952. This 3 bedroom, 2 bath home offers 1,357 sq ft of living space on a generous 7,000 sq ft lot, with exciting potential for both homeowners and investors alike. Inside, you’ll find beautiful, refinished hardwood flooring throughout most of the home, along with newly installed laminate wood flooring. The home features an updated kitchen with butcher block countertops and stainless steel appliances, blending charm with modern convenience. Additional highlights include an inside laundry room, a separate mud room, newer plumbing and plumbing fixtures, updated electrical, attic and whole house fan, LED lighting, and an EV charger—perfect for today’s lifestyle. The property also includes a detached garage currently being used as a bonus room/casita, offering flexible space for a home office, creative studio, or workout room. Zoned R-3, this is a unique opportunity to purchase a well-located property with the potential to build up to two additional units, with easy alley access (buyer to verify with the City of Brea). Ideally situated near Brea Creek Golf Course, Downtown Brea, Downtown Fullerton, and convenient access to the 57 Freeway, this home offers an unbeatable combination of location, lifestyle, and future upside. Whether you’re looking to make this your forever home or your next investment, this is a special property you won’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017