553 S Walnut Ave, Brea, CA 92821

Property Description

GREAT INVESTMENT OPPORTUNITY IN DOWNTOWN BREA! Welcome to this Brea Historical Landmark! This charming 1926 Craftsman Bungalow is located on a lovely tree lined street in a highly sought after area of downtown Brea. AND, this property is perfectly situated and already confirmed by City Planning Department for the addition of an ADU! The house has been fully restored to pristine condition, with newly refinished original hardwood flooring and new custom paint inside and outside. The living room is graced with a unique and beautifully ornate fireplace and mantle. The quaint kitchen features a functional granite counter, deep single sink, and custom made hutch and convenient island on wheels to add extra working space, as well as a cozy breakfast nook with built in bench seating and table. inside laundry is just around the corner and has a door that opens to the back yard. A welcoming back patio with lattice cover and roll down custom shades is perfect for summer gatherings and barbeques. A beautiful fig tree in the huge back yard ads charm, shade, and delicious fruit. This wonderful Craftsman home sits on a very large lot with FULL BACK ALLEY ACCESS, just waiting for the savvy buyer to build a second structure for extended family or rental income for life. The alley behind the property dead-ends at the south end of this property, so there will never be traffic driving by in the alley. See photos. Also, the property immediately to the north is the Saint Angela Merici Catholic Church, so you'll always have respectful neighbors! This property has the absolute BEST combination of features...wonderful historic home, located in thriving downtown Brea, and ADU potential which has already been approved by the city. Original garage can either be demolished for the addition of the ADU, or restored and incorporated into the plans. See supplements to view Brea City Planners sketches of different ADU possibilities. Located in award winning Brea-Olinda Unified School District, one of the highest rated school districts in Orange County. The district includes Arovista Elementary School that has dual language immersion program, Brea Junior High School, and Brea Olinda High School. es.