325 Camarillo Street, Placentia, CA 92870

• 9 beds |
• 7 baths

Property 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.

Listing Status:

Active

Listing Office:

Investment Capital Real Estate : 949-201-8817

Listing Agent:

Ignacio Diaz Jr. :

MLS ID:

NP25251714

Interior

• A/C: Central Forced Air

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• Originating MLS: California Regional MLS
• County: Orange

Lot

• Zoning: Assessor33941305

Financial

• Source: California Regional MLS

This listing courtesy of Ignacio Diaz Jr., Investment Capital Real Estate