$1,450,000

1608 N Placentia Ave Fullerton, CA 92831

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 1608 N Placentia Ave

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.

Highlights

Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.185 Acres
Year built1964
ParkingGarage, Garage Door Opener
MLS #PW25078096
Garage6 spaces

Summary

  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Flooring Type: Tile
  • Fireplace: None
  • Garage Space: 6 spaces
  • Private Pool: No
  • Parking: Garage, Garage Door Opener
  • Heating: Wall Furnace
  • Cooling: None
  • List Price: $1,450,000
  • HOA Amount: $0
  • Annual Tax Amount: $10,360
  • Tax Year: 2024
  • Lot: Back Yard, Corner Lot, Front Yard, Rectangular Lot
  • Directions: Corner of Placentia Ave & Garnet Lane
  • Year Built: 1964
  • Stories: 1
  • Lot Size: 0.185 Acres
  • MLS Number: PW25078096
  • 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: 6/3/2025, 10:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1608 N Placentia Ave, Fullerton, CA 92831 - view of property exterior featuring cooling unit and stucco siding

$1,450,000

1608 N Placentia Ave

$10,000

closing credit¹

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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

0.5 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. Typical family type is married, with kids. Residents of this area typically 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 1608 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 $1,450,000.

While more than 34 listings in Fullerton, CA in May 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 28 were sold below. In May 2025 in Fullerton, CA there were 1.2% less homes for sale than in April. In May 2025 median list price was $999,666 and the average listing age was 19 days.

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

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