1608 Placentia Avenue, Fullerton

$1,450,000

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8

Beds

4

Baths

0.19

Acres

About 1608 Placentia Avenue

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.

Features of 1608 Placentia Avenue

MLS® # PW24140728
Price $1,450,000
Bedrooms 8
Bathrooms 4.00
Acres 0.19
Year Built 1964
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1608 Placentia Avenue
Area 83 - Fullerton
Subdivision Unknown
City Fullerton
County Orange
Zip Code 92831

Amenities

Parking Spaces 6
Parking Garage, Garage Door Opener
# of Garages 6
Garages Garage, Garage Door Opener
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Tile
Appliances Disposal, Gas Range, Gas Water Heater
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Exterior Stucco
Lot Description Back Yard, Corner Lot, Front Yard, Rectangular Lot
Windows Double Pane Windows
Roof Composition
Construction Stucco
Foundation Slab

Additional Information

Date Listed July 10th, 2024
Days on Market 13
Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDaniel Ly
OfficeSimplified Realty, Inc.

Listing Map

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