$ 1,650,000
1600 N Placentia Avenue Fullerton, CA 92831
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Listed by Daniel Ly • Simplified Realty, Inc.
$ 1,650,000
Est. payment /mo
Active
1600 N Placentia Avenue Fullerton, CA 92831
3,258 SqFt
UPDATED:
08/30/2024 02:10 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,258 sqft
Price per Sqft $506
MLS Listing ID CRPW24135195
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1964
Lot Size 0.300 Acres
Property Description
BACK ON THE MARKET! GREAT INVESTMENT OPPORTUNITY! This corner lot single story 4 units income property offers great opportunities for additional incomes. Monthly the 4 units (all 2 Bedrooms & 1 Bathroom) are collecting $7,150, an office space collecting $700 plus a laundry income of $250-$300 per month. On top of all these - there is a potential to build 2 additional ADU units in the land adjacent to the main building (buyer to verify with City of Fullerton). The apartment is 100% occupied by long term tenants (all month to month) and rents are well below market. A brand new roof was installed in Nov 2019, windows are dual panes and copper plumbing repipe in 2024. All 4 units have upgraded baths and 3 units has new kitchen with shaker cabinets and quartz countertop. 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 laundry and water heater. Additional features include on-site coined laundry (lease transferable to next owner) 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 1608 N. Placentia Ave next do
Location
State CA
County Orange
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Tile
Fireplace No
Appliance Gas Water Heater
Laundry Community Facility, Other
Exterior
View None
Parking Type Other
Building
Lot Description Corner Lot, Other, Back Yard, Front Yard
Water Public
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