• 4 / 2.1
  • 228
  • 1856
  • 1950
  • 430
Under Contract Status Single Family Home
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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.

Address: 416 Magnolia Avenue
State: CA
City: Brea
County: Orange
Zip Code: 92821
Neighborhood: Other Othr
Prop ID: PW19099069
MLS Area: Orange

Price History

Date Price Event Change Prop ID:
6/22/2019 $799,000 List Price -5.89% PW19099069
6/14/2019 $849,000 List Price -2.3% PW19099069
6/8/2019 $869,000 List Price PW19132241
5/30/2019 $869,000 List Price PW19099069

Assigned School Zones

  • Elementary School:Brea-Olinda Unified
  • Middle School:Brea
  • High School:Breoli

Nearby Schools

Laurel Elementary School(K-6)
St. Angela Merici Elementary School(Preschool-8)5
Montessori Of Brea Inc.(Preschool-1)4
Rolling Hills Elementary School(Preschool-6)4
Christ Lutheran School(K-8)
Arovista Elementary School(Preschool-6)3
Beechwood Elementary School(Preschool-8)3
William E. Fanning Elementary School(K-6)4
Heights Christian Schools - Brea Friends Campus(Preschool-5)
Laurel Elementary School(K-6)
St. Angela Merici Elementary School(Preschool-8)5
Rolling Hills Elementary School(Preschool-6)4
Christ Lutheran School(K-8)
Arovista Elementary School(Preschool-6)3
Brea Junior High School(7-8)3
Beechwood Elementary School(Preschool-8)3
William E. Fanning Elementary School(K-6)4

Interior Details

  • Appliances:
  • Features:Ceiling Fan(S), Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired For Sound
  • Furnished:
  • Floor Type:Wood
  • Cooling:Central Air, Whole House Fan
  • Heating:Forced Air
  • Kitchen Amenities:Granite Counters,Kitchen Island
  • Dining Area:Breakfast Counter / Bar
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:Garage, Garage Faces Rear, Garage Door Opener, No Driveway
  • Pool:No
  • Utilities:
  • Lot Description:Back Yard,Front Yard
  • Parking:Spaces: 2.00
  • Sewer:Public Sewer

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:S/ Imperial Hwy, E/ Brea Blvd

Associated Agents

  • Listing Agent:Bell Realty Group - Richard Bell CalDRE: 01344469

Similar Properties

Property Information Last Updated: 5/27/2019 8:12:40 AM
Property Listed By: Richard Bell CalDRE: 01344469 with Bell Realty Group


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