
Yorba Linda, California 92886
This Prime Investment Opportunity is a turnkey, income-producing condo listed at $499,999, positioned slightly above the $480,681 Fair Market Value. Featuring a Condition Rating of 3, the unit includes high-value upgrades like a newer HVAC, tankless water heater, and smart home technology. With existing tenants eager to renew, this asset provides immediate, stable cash flow. The inclusion of water, sewer, and trash in the HOA simplifies management, making this a low-friction acquisition for Buy-and-Hold Investors or first-time buyers seeking a managed, move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17844 Linda Drive 33 Subject | $499,999* List Price | 0 | 0 | 752 | $639 | - |
A 17858 Linda 35 Sold | $510,000 | 1 | 1 | 752 | $678 | 0.0 mi |
B 4923 Eureka Pending | $589,000 List Price | 2 | 1 | 882 | $668 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1964, the unit is well-maintained and move-in ready due to significant recent upgrades including a newer HVAC system, tankless water heater, recessed lighting, and modern kitchen countertops and flooring.
The unit features significant high-value upgrades including a newer HVAC system, tankless water heater, and smart home technology like Nest and Ring, reducing immediate capital expenditure for a buyer.
As an income-producing property with existing tenants who wish to renew their lease, this condo offers a seamless transition for investors seeking immediate cash flow in a high-demand area.
The monthly association fee includes essential utilities such as water, sewer, and trash, simplifying property management and providing predictable monthly expenses for the owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =239059, other record lot size in square feet = 242021.
At $558.26 per month, the HOA fee is relatively high for a one-bedroom unit, which may compress the cap rate for investors and affect overall affordability.
Built in 1964, the property may face long-term maintenance challenges associated with older construction, and the shared garage arrangement offers less privacy and security than a private garage.
Income producing residential condo with tenants in place in the heart of Yorba Linda. The unit features 752 sq.ft. with 1-bedroom, 1 bathroom, rear patio and a shared garage #33. Lots of upgrade include newer HVAC, in-unit washer/dryer, tankless water heater, upgraded kitchen countertop, upgraded recessed lighting, upgraded flooring. The unit also comes equip with ring camera and nest thermostat. HOA includes water, sewer, trash and other amenities in the association. Tenants would like to renew the lease.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.2 |
| Baths | 0.0 | 2.5 |
| Square foot | 752 | 1,193.205 |
| Lot Size | 239,059 | 167,171.5 |
| Price | $500.0K | $647.1K |
| Price per sq ft | $665 | $553 |
| Built year | 1964 | 1985 |
| HOA | $558.26 | $500 |
| Days on market | 18 | 59 |
Aug 29, 2026
$499,999
$515,000
-3% Price Drop
Initial Listing
Aug 22, 2026
$515,000
Initial Listing
Jan 6, 2020
$306,000
Public Record
Oct 28, 2011
$169,000
Public Record
Aug 5, 2005
$327,000
Public Record
Sep 21, 2004
$279,000
Public Record
Apr 10, 1998
$87,000
Public Record