1608 N Placentia Avenue
Fullerton, CA 92831
0.19 acres | #PW24140728
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.
Property Details
- Lot DescriptionBackYard, CornerLot, FrontYard, RectangularLot
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,450,000
- MLS #PW24140728
- Property SubtypeQuadruplex
- MLS #PW24140728
- Subdivision, Unknown
- Cost1450000
- Utility SourcePublic
- CountyOrange
- Acres0.185
- Year Built1964
- FoundationSlab
- Stories1
- Parking Spaces6
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Ly (#PLYDANI)
Listing Office: Simplified Realty, Inc. (#PB15919)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
