GREAT INVESTMENT OPPORTUNITY! This corner lot single story 4 units income property offers great opportunities for additional incomes. Monthly the 4 units (all 2 Bedrooms & 1 Bathroom) are collecting $7,400, an office space collecting $770 plus a laundry income of $250-$300 per month. On top of all these - there is a potential to build 2 additional ADU units in the land adjacent to the main building (site plan has already been approved by the city). The apartment is 100% occupied by long term tenants (all month to month) and rents are well below market. The complex was recently painted, a brand new roof was installed in Nov 2019, windows are dual panes and copper plumbing repipe in 2024. All 4 units have upgraded baths and 3 units has new kitchen with shaker cabinets and quartz countertop. 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 laundry and water heater. Additional features include on-site coined laundry (lease transferable to next owner) 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. Also available for sale next door is 1608 N. Placentia Ave.
Sold for $1,650,000
Listed by: Simplified Realty, Inc. • Daniel Ly • Contact: 714-881-7212
Bought with: CENTURY 21 MASTERS
$1,650,000
1600 N Placentia Ave, Fullerton, CA 92831
8beds
4baths
3,258sqft
Quadruplex
Built in 1964
-- sqft lot
$-- Zestimate®
$506/sqft
$3,183 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,183/mo
Zestimate® history
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List your homeWhat's special
Brand new roofPrivate front yardCorner lotTile floorUpgraded bathsWall ac
Zillow last checked:
Listing updated:
Listed by:
Daniel Ly DRE #01918024 714-654-6388,
Simplified Realty, Inc.
Bought with:
Ali Jafarkhani, DRE #00943597
CENTURY 21 MASTERS
THE MARK AND AL TEAM, DRE #00914322
CENTURY 21 MASTERS
Source: CRMLS,MLS#: PW25078045
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Kitchen, Living Room
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Disposal, Gas Range, Gas Water Heater
- Laundry: Common Area, Outside
Features
- Flooring: Tile
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,258
- Total interior livable area: 3,258 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Garage Door Opener
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Wood
- Has view: Yes
- View description: None
Lot
- Size: 0.3 Acres
- Features: Back Yard, Corner Lot, Front Yard, Rectangular Lot
Details
- Parcel number: 33922217
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Unknown
Location
- Region: Fullerton
Financial & listing details
- Price per square foot: $506/sqft
- Tax assessed value: $894,875
- Annual tax amount: $10,596
- Date on market: 4/9/2025
- Cumulative days on market: 16 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 7400
- Tenant pays: Cable TV, Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2025 | Sold | $1,650,000$506/sqft |
Source:  CRMLS #PW25078045 Report a problem | ||
| 4/27/2025 | Contingent | $1,650,000$506/sqft |
Source: CRMLS #PW25078045 Report a problem | ||
| 4/9/2025 | Listed for sale | $1,650,000+126%$506/sqft |
Source: CRMLS #PW25078045 Report a problem | ||
| 12/13/2013 | Sold | $730,000$224/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,596 +2.3% | $894,875 +2% |
| 2024 | $10,360 +1.8% | $877,329 +2% |
| 2023 | $10,181 +0.9% | $860,127 +2% |
| 2022 | $10,094 +1.7% | $843,262 +2% |
| 2021 | $9,929 -0.2% | $826,728 +1% |
| 2020 | $9,949 | $818,251 +2% |
| 2019 | $9,949 +3.5% | $802,207 +2% |
| 2018 | $9,615 +2.9% | $786,478 +2% |
| 2017 | $9,348 | $771,057 +2% |
| 2016 | $9,348 +2% | $755,939 +1.5% |
| 2015 | $9,165 +4.3% | $744,585 +2% |
| 2014 | $8,788 | $730,000 +169.9% |
| 2013 | -- | $270,489 +2% |
| 2012 | -- | $265,186 +2% |
| 2011 | -- | $259,987 +0.8% |
| 2010 | -- | $258,044 -0.2% |
| 2009 | -- | $258,658 +2% |
| 2008 | -- | $253,587 +2% |
| 2007 | -- | $248,615 +2% |
| 2006 | -- | $243,741 +2% |
| 2005 | -- | $238,962 +2% |
| 2004 | -- | $234,277 +1.9% |
| 2003 | -- | $229,984 +2% |
| 2002 | -- | $225,475 +2% |
| 2001 | $2,469 +1.9% | $221,054 +2% |
| 2000 | $2,422 | $216,720 |
Find assessor info on the county website
Neighborhood: 92831
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Nearby schools
GreatSchools rating
- 7/10Topaz Elementary SchoolGrades: K-6Distance: 0.3 mi
- 9/10Col. J. K. Tuffree Middle SchoolGrades: 7-8Distance: 1.1 mi
- 9/10El Dorado High SchoolGrades: 9-12Distance: 1.1 mi
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- California
- Orange County
- Fullerton
- 92831
- 1600 N Placentia Ave
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