Address not disclosed, Placentia, California, 92870
$3,999,000
Multi-family
Assumable 4.04% Fixed Rate Loan Until 9/1/27 (3yrs), Interest Only Until 9/1/25 (1yr), Current Loan Amount $2,350,000, Phenomenal Loan Today. Plus this is an 11 unit, 5%+ Current CAP, well-located, recently renovated property with immense tenant and curb appeal next to Cal State University Fullerton. Each of the 11-Units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, new paint, and some of the units were taken down to the studs. The exterior also had a recent significant renovation completed, including new roofs, new stucco, a new pavilion and BBQ area, new courtyard concrete, new landscaping, newly paved parking lot, some new fencing and paint, new tenant garden boxes, new washers and dryers, and new wall air conditioning. The property offers an excellent unit mix and range of floorplans with no tuck under parking. The listing agent has an ownership interest in the property. These 11 units are conveniently located three minutes from the 57 and five minutes from the 91 freeways, allowing tenants easy access to the greater California region and beyond. There are several retail centers next to the property, including Sams Club, Home Depot, Smart & Final Extra, and Concentra Urgent Care. There are great schools within a couple miles of the property, including Kraemer Middle school, Valencia Highschool, Hope International University, Call State Fullerton, Saint Joseph Catholic school, Ruby Drive Elementary School, and T
Number of Units : 11
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 1
Unit 1 : Total Bathrooms : 1
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 1
Unit 3 : Total Bathrooms : 2
Unit 4 : Number of Unit(s) : 4
Unit 4 : Total Bedrooms : 3
Unit 4 : Total Bathrooms : 2
Number of Units with Range/Oven : 11
Unit 3 : Total Bedrooms : 2
Unit 3 : Number of Unit(s) : 3
Parking Garage Unit 1 : Assigned
Exterior : Stucco
Site : Curbs,Sidewalks
Roof : Composition
Cooling : Wall/Window
Heat Source : Natural Gas
Water Heater Type : Gas
Zoning : Assessor
Street Address: Address not disclosed
City: Placentia
State: California
Postal Code: 92870
County: Orange
MLS Number: OC24042733
Courtesy of Mark Bridge, Broker
Courtesy of Kirklen Investment Group
