Fullerton, CA 92831,1608 N Placentia Avenue
Fullerton, CA 92831,1608 N Placentia Avenue
Fullerton, CA 92831,1608 N Placentia Avenue
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$1,450,000
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8 BD
4 BA
8,057 Sqft Lot
Active

1608 N Placentia Avenue Fullerton, CA 92831

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UPDATED:

08/14/2024 04:50 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24140728

Bedrooms 8

HOA Y/N No

Lot Size 8,057 Sqft

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.
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.

Location

State CA

County Orange

Area Oc - Fullerton (92831)

Zoning Assessor

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Corner Lot, Sidewalks

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Monthly Total Fees $86

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,850

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Daniel Ly • Simplified Realty, Inc.

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Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

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1608 N Placentia Avenue