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4761 Avenida De Los Suenos Yorba Linda, CA 92886

4 Beds 2 Baths 1,746 sqft Built 1979

$769,000

List Price

$3,060

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $440.44
  • 5 Days on Market
  • MLS # : PW21033079
  • Updated Date : 02/24/2021 at 17:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,746 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

Tucked away on a serene cul-de-sac and conveniently located right around the corner from award-winning Travis Ranch Elementary School. This rare single-level 4 bedroom 2 bath home is perfect for that growing family and or the parents looking to downsize into a one-level home. With its open living and dining room floor plan, vaulted ceiling, and a plethora of windows it creates an inviting environment to entertain your friends and family. The master bedroom is on the opposite side of the home which is perfect for growing families to all have their own space and privacy. Outside there is plenty of room to add a pool, trampoline, garden, or whatever your heart desires. With its premier location, being steps to award-winning schools, shopping needs, restaurants, hiking trails, and parks it's not likely the home will last too long on the market. This home is ready for you to move in and start 2021 off right.

SEE MORE

MARKET HIGHLIGHTS

  • Southern California area contributes to 55.3% of California state economy i.e. Gross State Product (USMayors.org, 2018)
  • The area has major technology nodes of excellence: Los Angeles (Media and entertainment); Pasadena (High-tech engineering, data analytics); Riverside (Agtech, transportation/ distribution); San Diego (Healthcare, biotech, wireless communications); Irvine (Medtech, cyber security); El Segundo (Aerospace and defense IT, space transport) [BCG, 2018]
  • Southern California produces more technology PhDs per year than any other region in the country and many of the higher educated students stay within Souther California contributing to readily available workforce skills making the area more attractive than Silicon Valley (BCG, 2018)
  • Southern California's economy is worth $1.58 trillion in Gross Metro Product and projected to grow to $1.67 trillion (USMayors.org, 2018)
  • Southern California has 58.7% labor force participation rate; within this area, Los Angeles metro has 62.3% labor force participation rate (USMayors.org, 2018)
  • Headquarters to several Fortune 500 companies: Amgen, Farmers Insurance, Walt Disney, Avery Dennison, Activision Blizzard, CBRE Group, Edison International, Molina Healthcare, First American Financial, Pacific Life, Qualcomm and Sempra Energy (Fortune, 2018)
  • Los Angeles has been awarded the 2028 Olympics under a funding commitment of $88 billion to upgrade the transportation infrastructure connecting disparate pockets of the metro area. This is expected to produce additional employment in the coming years. (BCG, 2018)
  • As part of Southern California area, Orange County market inherits all the benefits from the area.

PRICE & RENT TRENDS

Zip Code: 92886

ZipNIR Market*CityMarket2010Year20002019300k350k400k450k500k550k600k650k700k750k800k850k900kPrice in $272k938k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 92886

ZipNIR Market*CityMarket2010Year2000 Q22019 Q22000220024002600280030003200340036003800Rent in $19813818

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Yorba Linda High School High Regular 1,768 64 10

Yorba Linda High School

  • Education Level: High
  • # of students: 1,768
  • # of teachers: 64
10
GreatSchools Rating
 

$692,100$845,900$769,000

PURCHASE PRICE

$2,754$3,366$3,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,060
EXPENSES Loan Payment -$2,671
Property Tax -$762
Property Insurance -$69
Property Management Fees -$150
CASH FLOW
-$593

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$769,000

PROJECTED PRICE

$3,060

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.08%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 5.81%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$209,535

INVESTMENT

$209,535

Down Payment
$192,250
Rehab Estimate
$5,750
Closing Costs
$11,535

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$2,671

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $192,250
Loan Amount $576,750
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$8,875

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,060

    LIST RENT
  • $1.75

    LIST RENT PER SQFT
  • $3,025

    COMP ESTIMATED VALUE
  • $1.73

    COMP AVG. RENT PER SQFT
Comps Range
$3,060
1$3,0602$3,1003$3,3004$3,3005$3,475
$3,475
RENT COMPS ANALYSIS
  • 4761 Avenida De Los Suenos Yorba Linda, CA 1
    • 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1979 4 beds 2 baths ∙ 1,746 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $3,060
    • $1.75
    •  
  • 20424 Via La Mancha Yorba Linda, CA 2
    • 3 beds 3 baths ∙ 1,881 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,881 Sqft ∙ Built 1984
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.65
    •  
  • 4339 Via Miguel Yorba Linda, CA 3
    • 3 beds 3 baths ∙ 1,921 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,921 Sqft ∙ Built 1986
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.72
    •  
  • 20448 Via La Mancha Yorba Linda, CA 4
    • 3 beds 3 baths ∙ 1,881 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,881 Sqft ∙ Built 1984
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,300
    • $1.75
    •  
  • 20412 Via Don Juan Yorba Linda, CA 5
    • 3 beds 3 baths ∙ 1,921 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,921 Sqft ∙ Built 1985
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,475
    • $1.81
    •  
PROPERTY LISTING DETAILS
Frank Del Rio
Coldwell Banker Realty
Darryl John Willis
1.866.250.5610
HomeUnion.com
Lic. BRE# 01526904
California Regional Multiple Listing Service ( CRMLS)
MLS #: PW21033079
Last Updated: 02/24/2021
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