1608 N Placentia AVE Active Save Request In-Person Tour Request Virtual Tour
Fullerton,CA 92831
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,258 sqft
Price per Sqft $445
Subdivision ,Unknown
MLS Listing ID PW24140728
Year Built 1964
Lot Size 8,058 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.
Location
State CA
County Orange
Area 83 - Fullerton
Zoning R-3
Rooms
Ensuite Laundry Common Area,Outside
Interior
Laundry Location Common Area,Outside
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type None
Laundry Common Area,Outside
Exterior
Garage Garage,Garage Door Opener
Garage Spaces 6.0
Garage Description 6.0
Fence Block,Wood
Pool None
Community Features Street Lights,Suburban,Sidewalks
View Y/N No
View None
Roof Type Composition
Building
Lot Description Back Yard,Corner Lot,Front Yard,Rectangular Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard