Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    340 Surry Ct Brea, CA 92821

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $550,000

    Two-bedroom townhome with in-unit laundry and two-car garage.

    Property size:
    846 SF
    Lot size:
    0.04 Acres

    Property Features for 340 Surry Ct

    General Information

    Size
    846 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1972

    We can help!

    Listing Contact
    Giannina Silva
    Source: Kw

    Listing Agent: Giannina Silva

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Brea Townhome with Private Patio

    The property offers 846 square feet of living space, featuring an open layout that seamlessly connects the living room, dining area, and kitchen. It includes two bedrooms and one bathroom. In-unit laundry facilities are available. A private patio extends the living area outdoors and provides direct access to a two-car garage. The property is located minutes from shopping, dining, and entertainment options in Brea.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brea
    County
    Orange
    State
    California
    Longitude
    -117.8909011
    Latitude
    33.9259919

    Nearby Similar for Sale

    • $4,530,000
      8,795 SF

      Multi-Building Commercial Property in Brea

      Versatile commercial property with three buildings and ample parking.
      102 Olinda Dr, Brea, CA 92823
      View Details
    • $2,575,000
      5,000 SF

      Brea Commercial Property For Sale

      Multi-use commercial property with expansion potential in Brea, CA.
      102 Olinda Dr, Brea, CA 92823
      View Details
    • $1,955,000
      3,795 SF

      Brea Commercial Property For Sale

      Multi-use commercial property with expansion potential in Brea, CA.
      114 Olinda Dr, Brea, CA 92823
      View Details
    • $3,500,000
      12,000 SF

      Retail Shopping Center Investment Opportunity

      Prime retail shopping center in a high-traffic Brea location.
      160 Olinda Pl, Brea, CA 92823
      View Details
    • $279,000
      1,740 SF

      Remodeled Home in 55+ Community

      Beautifully remodeled home in the 55+ community of Lake Park.
      1352 Silver Lake Pl, Brea, CA 92821
      View Details
    • $239,000

      Scenic Senior Living Park Home

      Two-bedroom home in a vibrant 55+ community with resort-style amenities.
      755 Village Lake Mall, Brea, CA 98821
      View Details
    • $720,000
      1,210 SF

      Brea Industrial Condo For Sale

      1,210 SF industrial condo in Brea with recent upgrades.
      2781 Saturn St, Brea, CA 92821
      View Details
    • $209,999

      Upgraded Mobile Home in Brea

      Move-in ready, upgraded 2-bedroom, 2-bath mobile home in Brea.
      1051 Site Dr, Brea, CA 92821
      View Details
    • Contact for pricing
      18,870 SF

      Freestanding Industrial Building with Yard

      Industrial building with fenced yard, convenient highway access.
      404 Berry Pl, Brea, CA 92821
      View Details
    • $3,950,000
      9,911 SF

      Freestanding Building with Flexible Zoning

      Renovated building suitable for showroom, warehousing, retail, or auto.
      250 N Orange Ave, Brea, CA 92821
      View Details
    • Contact for pricing
      49,903 SF

      Advanced Manufacturing Building For Sale

      High-image manufacturing building with upgraded office and secured yard.
      650 Columbia St, Brea, CA 92821
      View Details
    • $2,295,000
      6,006 SF

      Industrial Warehouse in Brea

      6,006 SF industrial warehouse with mezzanine storage and two units.
      505 Mercury Ln, Brea, CA 92821
      View Details

    FAQs

    What type of property is this?
    Single family property - Two-bedroom townhome with in-unit laundry and two-car garage.
    Where is this single family property located?
    The property is located at 340 Surry Ct Brea, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Feels like a single-family home with the convenience of a townhome.; - Private patio extends living space outdoors.; - Includes a 2-car garage.
    (562) 248-2193
    Request Owner's contact information
    340 Surry Ct Brea, CA 92821
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    340 Surry Ct
    Brea, CA 92821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 Surry Ct Brea, CA 92821
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Giannina Silva
    (562) 248-2193
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.