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1600 N Placentia Avenue

Fullerton, CA 92831

– beds
– baths
– sqft
13,068 sqft lot
1964 build
– on site

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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 $7,400, an office space collecting $770 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 (site plan has already been approved by the city). The apartment is 100% occupied by long term tenants (all month to month) and rents are well below market. The complex was recently painted, 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.

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

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

MLS# PW25078045 —

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:

2
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 10000-19999 Sqft, Rectangular Lot
Lot Size Area:

13068.0000
Lot Size Acres:

0.3000
Lot Size SqFt:

13068.00
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®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
5/9/25 May 9, 2025	Sold	CRMLS_CA	$1,650,000
4/27/25 Apr 27, 2025	Sold Subject To Contingencies	CRMLS_CA	$1,650,000
4/9/25 Apr 9, 2025	Listed / Active	CRMLS_CA	$1,650,000

Multifamily Sold on 5/9/2025

$1,650,000

Listing provided by broker:

Daniel Ly

Simplified Realty, Inc.

714-654-6388

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Listing Courtesy of: CRMLS_CA and Simplified Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:11 on May 14.

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.

1600 N Placentia Avenue

Fullerton, CA 92831