Bought with Steve Ambuehl
$1,950,000
$1,895,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
113 Sqft Lot
SOLD DATE : 10/06/2025
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRNP25175174
Sold Date 10/06/25
Year Built 1965
Lot Size 113 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property 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.
Location
State CA
County Orange
Area 85 - Yorba Linda
Interior
Cooling Window / Wall Unit
Laundry In Laundry Room, 30, Other, Community Facility
Exterior
Garage Spaces 4.0
Pool None
Building
Lot Description Corners Marked
Water District - Public
Others
Tax ID 32329121
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 MLSListings Inc. All rights reserved.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "