1608 N Placentia Avenue,

Home For Sale

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 (with permission from 1600 N. Placentia Ave) 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. Also available for sale next door is 1600 N. Placentia Ave.

Property Details

1608 N Placentia AvenueLot Size: 0.19Bedrooms: 8Price: $1,450,000Zip: 92831
MLS® #: PW24140728School District: Listed By: Daniel Ly, Simplified Realty, Inc.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • County:
    Orange
  • Zip:
    92831
  • MLS® #:
    PW24140728
  • Bedrooms:
    8
  • Lot Size:
    0.19
  • Neighborhood:
    OC - FULLERTON (92831)
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Listing information last updated on July 12th, 2024 at 12:20pm PDT.