325 Camarillo Street, Placentia, CA 92870
  • MLS#: NP25251714 ( Quadruplex )
  • Street Address: 325 Camarillo Street
  • Viewed: 2
  • Price: $1,835,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1977
  • Bldg sqft: 0
  • Days On Market: 16
  • Additional Information
  • County: ORANGE
  • City: Placentia
  • Zipcode: 92870
  • Subdivision: Other (othr)
  • Provided by: Investment Capital Real Estate
  • Contact: Ignacio Ignacio
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    325 Camarillo Street is a rare fourplex, located in one of Orange Countys desirable suburbs. The city of Placentia is know for its small town feel with convenient access to local amenities, particularly due to its central location and excellent schools within the Placentia Yorba Linda Unified School District. This excellent location is 1 mile from California State University, Fullerton, Hope International University, and walking distance to Old Town Placentia. Built in 1977 with tile pitched roofs, the property features a covington style layout, with one large 3 Bedroom unit in the front and three additional rental units in the back, all with well designed floor plans. Amenities include garage parking, block patios, central A/C and Heat, and on site laundry. There is roughly a 21% upside potential in rents for an investor to enhance their return, as current rents are substantially below market. A limited supply of apartments in the city of Placentia, low vacancy rates and the affordability gap between buying and renting should continue to ensure a consistent demand for these rental units. This fourplex is an excellent long term investment or 1031 Exchange replacement opportunity.
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Features
Building Area Total
  1. 4303.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 11
Electric Expense
  1. 0.00
Entry Location
  1. Ground
Fuel Expense
  1. 0.00
Garage Spaces
  1. 5.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Laundry Features
  1. Community
Laundry Income
  1. 1000.00
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Cul-De-Sac
  2. Rectangular Lot
Netoperatingincome
  1. 74758.00
Parcel Number
  1. 33941305
Pool Features
  1. None
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 451310270:CRM
Subdivision Name Other
  1. Placentia
Totalexpenses
  1. 32342.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 2.00
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1977
Year Built Source
  1. Assessor