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Listed by Daniel Ly • Simplified Realty, Inc.

$1,650,000

Est. payment - /mo

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3,258 SqFt

Active

1600 N Placentia Avenue Fullerton, CA 92831

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Daniel Ripper

[email protected] +1(415) 205-6312

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

© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Daniel Ripper

Broker Associate | License ID: 01382609

+1(415) 205-6312

Daniel Ripper

1600 N Placentia Avenue Fullerton, CA 92831

Daniel Ripper

Key Details

Location

Interior

Exterior

Building

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1600 N Placentia Avenue