342 Monterey Way, Placentia, CA 92870

About this property

BEAUTIFUL PRISTINE PROPERTY. LOCATED IN OPPORTUNITY ZONE. BUILDING WELL MAINTAINED. Pleased to present the opportunity to acquire The Monterey Property, a pride of ownership & value-add apartment building in Placentia, CA. This offering is situated east of the 57 Freeway near the California State University of Fullerton and Valencia High School. The property offers a unit mix of two and three-bedroom units on a 10,890 sq ft lot. The community features garage parking, a laundry facility, and more. The Monterey Property offers an investor the opportunity to acquire a well-located asset with approximately 20% upside in rents.

Listing description from the June 2022 sale, as reported to CRMLS.

Sale history

$1,575,000

Sold June 2022 · listed $1,695,000, on market February 2022 · MLS #PW22035159 · Source: CRMLS

Listing Agent: Gary Tolfa · Listing Office: Triqor Group · Contact: 949-756-3232 · Bought with: Gary Tolfa · Triqor Group

$1,260,000

Sold October 2020 · listed $1,295,000, on market September 2020 · MLS #PW20197376 · Source: CRMLS

Listing Agent: Maria Palencia · Listing Office: Berkshire Hathaway Home Svcs. · Contact: 714-832-8800 · Bought with: Maria Palencia · Berkshire Hathaway Home Svcs.

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