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1608 N Placentia Avenue

Fullerton, CA 92831

– beds
– baths
– sqft
8,057 sqft lot
1964 build
– on site

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.

Listed By CRMLS_CA / Daniel Ly / Simplified Realty, Inc. / 714-654-6388

Last checked: Checking… • Last updated Apr 10, 2025 •

MLS# PW25078096 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

3258.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Roof:

Composition
Foundation:

Slab
Stories Total:

1
Entry Level:

1
Number With Patio:

4
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Electric Meters:

4

Interior

Levels:

One
Entry Location:

1
Window Features:

Double Pane Windows
Flooring:

Tile
Room Type:

Kitchen, Living Room
Number Wall AC:

4
Fireplace:

No
Fireplace:

None
Laundry:

Community, Outside
Laundry:

1

Location

Directions:

Corner of Placentia Ave & Garnet Lane
Latitude:

33.88688700
Longitude:

-117.87488200

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Updated/Remodeled
Zoning:

R-3
Lot Features:

Back Yard, Corner Lot, Front Yard, Lot 6500-9999, Rectangular Lot
Lot Size Area:

8057.0000
Lot Size Acres:

0.1850
Lot Size SqFt:

8057.00
Lot Size Source:

Assessor
View:

None
Fencing:

Block, Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

117.11
Tax Tract:

5047
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

33922217

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Range, Gas Water Heater
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

Unknown
Features:

Sidewalks, Street Lights, Suburban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Garage, Garage Door Opener
Parking Spaces:

6.00
Garage Spaces:

6.00

Extra Units

Number With Disposal:

4

Explore the Area

My Commute

From

Walk Score®

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Transit Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/9/25 Apr 9, 2025	Listed / Active	CRMLS_CA	$1,450,000
7/10/24 Jul 10, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Fullerton, CA 92831 is currently for sale for $1,450,000. 1608 N Placentia Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 7 days. This multifamily is in the attendance area of Tuffree Middle School and El Dorado High School.

Listing Courtesy of: CRMLS_CA and Simplified Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 14:34 on Apr 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.