#OC25067292, Jason Kirklen, Listing Office: Kirklen Investment Group

1608 N Placentia Ave Fullerton, CA 92831
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
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
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: 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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$1,450,000
1608 N Placentia Ave
$10,000
closing credit¹
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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
0.5 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. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
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.