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Listed by Daniel Ly • Simplified Realty, Inc.
$ 1,450,000
Est. payment /mo
Active
1608 N Placentia AVE Fullerton, CA 92831
8,057 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25078096
Originating Board California Regional MLS
Year Built 1964
Lot Size 8,057 Sqft
Property Sub-Type Fourplex
Property Description
GREAT INVESTMENT OPPORTUNITY! This single story 4 units income property offers great opportunities for higher market rent. Monthly the 4 units (all 2 Bedrooms & 1 Bathroom) are collecting $6,950. The apartment is turnkey and has always been 100% occupied by long term tenants and rents are well below market. Complex was recently painted on the exterior, a brand new roof was installed in Nov 2019 on the main building and in June 2024 on the garage building. Unit A has been upgraded last year with a new kitchen, bath and interior paint. Every unit has tile floor, wall AC, private front yard and are individually metered for gas and electricity. Owner pays for water, trash and common area electricity and gas for the water heater. The central water heater underground plumbing was replaced in 2020 and gas line in May 2024. All units has dual pane windows. Additional features include on-site coined laundry and three - 2 car garages for 6 car parking. It is conveniently located near the 57 & 91 freeway, shopping center, Cal State Fullerton, public transportation, etc.
Location
State CA
County Orange
Area 83 - Fullerton
Rooms
Kitchen Garbage Disposal, Other, Oven Range - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry Other, Washer/Dryer - Leased, Community Facility
Exterior
Parking Features Garage, Gate / Door Opener
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 33922217
Special Listing Condition Not Applicable
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