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1608 N Placentia Avenue, Fullerton, CA 92831

Fourplex

1608 N Placentia Avenue, Fullerton, CA 92831 Sold August 2025 CRMLS
$1,400,000Sold August 2025

Listing Agent: Daniel Ly (DRE #01918024) · Listing Office: Simplified Realty, Inc. · Contact: 714-654-6388 · Bought with: Ali Jafarkhani · CENTURY 21 MASTERS · MLS #PW25078096 · Source: CRMLS

8,057 sqft
Lot Size
1964
Year Built
Fourplex
Type
1
Stories
6
Garage
None
Cooling
WallFurnace
Heating

About this fourplex

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.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$1,400,000
Sold August 2025 · listed $1,450,000, on market April 2025 · MLS #PW25078096 · Source: CRMLS
Listing Agent: Daniel Ly · Listing Office: Simplified Realty, Inc. · Contact: 714-654-6388 · Bought with: Ali Jafarkhani · CENTURY 21 MASTERS
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