1608 N Placentia Avenue, Fullerton CA, 92831

Active

1608 N Placentia Avenue

Fullerton CA, 92831

$1,450,000

$445.06 per sqft

Active

3,258 sqft

Multi-family

Built in 1964

Listed by Daniel Ly with Simplified Realty, Inc. 714-654-6388

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 $6,800. The apartment is turnkey and has always been 100% occupied by long term tenants and rents are well below market. 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.

PW24140728

MLSⓇ ID

July 10, 2024

Listed

October 4, 2024

Updated

Map

1608 N Placentia Avenue
Fullerton CA, 92831

Interior Features

Total Stories: 1
Appliances: Disposal, Gas Range, Gas Water Heater
Laundry Description: Common Area, Outside
Floor Description: Tile
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.18 Acres
Lot Features: Back Yard, Corner Lot, Front Yard, Rectangular Lot
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: 83 - Fullerton
Days on Market: 34
Garage: Yes
Garage Spaces: 6
Parking: Garage, Garage Door Opener
Parking Total: 6
View: No
View Description: None
County: Orange
Water Source: Public
Pool: No
Pool Features: None
Zoning: R-3

Listing Contact: 714-654-6388

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/4/2024 at 2:04 AM UTC