$1,749,000
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325 Camarillo Street Placentia, CA 92870
Fourplex
Residence
Beds
Baths
...
Bed/Bath
4,303
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
325 Camarillo Street is a quality fourplex, located in one of Orange County’s 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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MLS#
NP25251714
Property Type
Fourplex
Year Built
1977
Square Feet
4,303
sq. ft
Lot Size
0.18
Stories
2.0
Sewer
Public Sewer
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