1608 N Placentia Avenue

Fullerton, CA 92831

$1,450,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

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 $6,800. 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.

Listing Information

List Price $1,450,000
Status Active
MLS PW24140728
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1964
Lot Size 8,057
Structure Size N/A
DOM 34
Courtesy Of Simplified Realty, Inc.
Listing Agent Daniel Ly DRE#01918024

Interior Features

Laundry Information
Location(s) Common Area, Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Daniel Ly, Simplified Realty, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 14th, 2024 at 4:57 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.