About 1608 Placentia Avenue
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.
Features of 1608 Placentia Avenue
| MLS® # | PW25078096 |
|---|---|
| Price | $1,450,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.19 |
| Year Built | 1964 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1608 Placentia Avenue |
|---|---|
| Area | 83 - Fullerton |
| Subdivision | Unknown |
| City | Fullerton |
| County | Orange |
| Zip Code | 92831 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | Garage, Garage Door Opener |
| # of Garages | 6 |
| Garages | Garage, Garage Door Opener |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Appliances | Disposal, Gas Range, Gas Water Heater |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Back Yard, Corner Lot, Front Yard, Rectangular Lot |
| Windows | Double Pane Windows |
| Roof | Composition |
| Construction | Stucco |
| Foundation | Slab |
Additional Information
| Date Listed | April 9th, 2025 |
|---|---|
| Days on Market | 12 |
| Zoning | R-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Leased Land | Fee |
| Senior Community | No |
Listing Details
| Agent | Daniel Ly |
|---|---|
| Office | Simplified Realty, Inc. |