1608 N Placentia AVE Active

Fullerton,CA 92831

$ 1450000

- Bed

- Bath

3258 SqFt


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

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