CA > Placentia > Placentia
Placentia, CA 92870,325 Camarillo ST
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Placentia, CA 92870,325 Camarillo ST
Placentia, CA 92870,325 Camarillo ST
Placentia, CA 92870,325 Camarillo ST
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Alex Duarte

Alex Duarte

+1(714) 373-6828
$ 1,835,000
Est. payment /mo
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325 Camarillo ST Placentia, CA 92870

7,840 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Placentia

MLS Listing ID NP25251714

HOA Y/N Yes

Year Built 1977

Lot Size 7,840 Sqft

Property Sub-Type Quadruplex

Property Description

325 Camarillo Street is a rare fourplex, located in one of Orange County's desirable suburbs. The city of Placentia has a 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 an on-site laundry room. 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.

Location

State CA

County Orange

Area 84 - Placentia

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 7

Private Pool No

Building

Lot Description Cul-De-Sac, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 33941305

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

Lease Land No

CRMLS – RECore
Listed by Ignacio Diaz Jr. Investment Capital Real Estate id@investmentcapitalre.com
Alex Duarte

Alex Duarte

Owner | i01970077

+1(714) 373-6828

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