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Listed by Daniel Ly of Simplified Realty,Inc. (714-654-6388)
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 NEXT DOOR (1600 N. PLACENTIA AVE) JUST CLOSED FOR $1.65M.

Property Details of 1608 N Placentia Avenue

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Based on information submitted to CRMLS as of May 13, 2025 10:21 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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