$1,650,000

1600 N Placentia Ave Fullerton, CA 92831

$10,000
Closing credit¹
0.3 acres
Multi-Family

Property details

About 1600 N Placentia Ave

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.

Highlights

Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.3 Acres
Year built1964
ParkingGarage, Garage Door Opener
MLS #PW25078045
Garage6 spaces

Summary

  • MLS Number: PW25078045
  • MLS Name: CRMLS
  • Office Name: Simplified Realty, Inc.
  • Office Phone: (714) 654-6388
  • Listing Agent: Daniel Ly

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view featuring a mountain view and a residential view

$1,650,000

1600 N Placentia Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 13, 2013
Home Sold
$730,000

Tax history

YearAssessmentProperty Tax
2024$877,329$10,360
2023$860,127$10,180
2022$843,262$10,094
2021$826,728$9,928
2020$818,251$9,949
2019$802,207$9,499
2018$786,478$9,499
2017$771,057$9,347

History based on county public records data.

Nearby schools

6

Topaz Elementary School

Public District KG-6

0.3 mi

3232 Topaz Ln

4

Ruby Drive Elementary School

Public District KG-6

0.5 mi

601 Ruby Dr

7

Sierra Vista Elementary School

Public District KG-6

0.6 mi

1811 N Placentia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,071. Residents of Fullerton, CA typically earn between $35k-100k each year. Most families are married, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

31%
<35k
46%
35k-100k
23%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

21%
Single, No Kids
27%
Single, with Kids
7%
Married, No Kids
45%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
11%
12-17 yrs old
33%
18-34 yrs old
30%
35-64 yrs old
1%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1600 N Placentia Ave in Fullerton, CA and zip code 92831. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $1,650,000.

In March 2025 more than 23 listings in Fullerton, CA were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 23 were sold below. The number of listings in Fullerton, CA increased by 10.7% between February and March 2025. While the average time on the market in March 2025 was 29 days, the median list price was $998,800.

From Rocket Homes Real Estate and based on county public records data.

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