Property Details
About this Property
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 $7,400, an office space collecting $770 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 (site plan has already been approved by the city). The apartment is 100% occupied by long term tenants (all month to month) and rents are well below market. The complex was recently painted, 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 d
MLS Listing Information
MLS #
CRPW25078045
MLS Source
California Regional MLS
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 |
|---|---|---|
| 2 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1600 N Placentia Ave is a Residential Income in Fullerton, CA 92831. This – square foot property sits on a 13,068 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in 1964. This address can also be written as 1600 N Placentia Ave, Fullerton, CA 92831.
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This listing information is up-to-date as of May 10, 2025. For the most current information, please contact Daniel Ly, (714) 881-7212
