Property Details
About this Property
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 $6,950. The apartment is turnkey and has always been 100% occupied by long term tenants and rents are well below market. Complex was recently painted on the exterior, 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 NEXT DOOR (1600 N. PLACENTIA AVE) JUST CLOSED FOR $1.65M.
MLS Listing Information
MLS #
CRPW25078096
MLS Source
California Regional MLS
Days on Site
36
Interior Features
Appliances
Garbage Disposal, Other, Oven Range - Gas
Laundry
Community Facility
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Slab
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Gate/Door Opener, Garage: 6 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1608 N Placentia Ave is a Residential Income in Fullerton, CA 92831. This – square foot property sits on a 8,057 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,450,000 and was built in 1964. This address can also be written as 1608 N Placentia Ave, Fullerton, CA 92831.
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This listing information is up-to-date as of May 12, 2025. For the most current information, please contact Daniel Ly, (714) 881-7212
