$1,450,000
1608 N Placentia Avenue, Fullerton Ca 92831
Home Highlights
Property Type
Residential Income
Status
Active
Listing Date
2024-07-10
Listing ID
PW24140728
About this home
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 $6,800. The apartment is turnkey and has always been 100% occupied by long term tenants and rents are well below market. 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
Cooling
None
Pool
None
Appliances
Gas Water Heater , Range/Oven
Patio
Patio
Listed by
Daniel Ly - Simplified Realty, Inc.
agently99@yahoo.com