#OC25065860, Jason Kirklen, Listing Office: Kirklen Investment Group

1600 N Placentia Ave Fullerton, CA 92831
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
Summary
- MLS Number: PW25078045
- MLS Name: CRMLS
- Office Name: Simplified Realty, Inc.
- Office Phone: (714) 654-6388
- Listing Agent: Daniel Ly
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.
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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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$1,650,000
1600 N Placentia Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 13, 2013 | Home Sold | $730,000 |
Tax history
Year | Assessment | Property 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.
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.
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.