CA > Placentia
Placentia, CA 92870,325 Camarillo Street
Placentia, CA 92870,325 Camarillo Street
Placentia, CA 92870,325 Camarillo Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Ignacio Diaz Jr. • Investment Capital Real Estate
$1,749,000
Est. payment /mo
4,303 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,303 sqft

Price per Sqft $406

MLS Listing ID NP-25251714

Year Built 1977

Lot Size 7,841 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Orange

Area 84 - Placentia

Interior

Heating Central

Laundry Community

Exterior

Garage Spaces 5.0

Pool None

Community Features Sidewalks, Street Lights, Suburban

Building

Lot Description Cul-De-Sac, Rectangular Lot

Sewer Public Sewer

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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