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 Details
Price:
$1,450,000
MLS #:
PW25078096
Status:
Active
Baths:
0
Address:
1608 N Placentia Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
83fullerton
City:
Fullerton
Listed Date:
Apr 9, 2025
State:
CA
ZIP:
92831
Lot Size:
8,057 sqft / 0.19 acres (approx)
Year Built:
1964
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal, Gas Range, Gas Water Heater
Cooling
None
Fireplace Features
None
Flooring
Tile
Heating
Wall Furnace
Window Features
Double Pane Windows
Exterior
Community Features
Sidewalks, Street Lights, Suburban
Fencing
Block, Wood
Foundation Details
Slab
Garage Spaces
6.00
Lot Features
Back Yard, Corner Lot, Front Yard, Lot 6500-9999, Rectangular Lot
Parking Features
Garage, Garage Door Opener
Parking Spots
6.00
Pool Features
None
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas, Telephone
Map
Community
- Address1608 N Placentia Avenue Fullerton CA
- Area83 – Fullerton
- CityFullerton
- CountyOrange
- Zip Code92831
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1608 N Placentia Avenue
Fullerton, CA
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