Seller's Agent in 2025
Daniel Ly
Simplified Realty, Inc.
(714) 654-6388
2 in this area
35 Total Sales
1600 N Placentia Ave Fullerton, CA 92831
Cal State Fullerton Neighborhood
8
Beds
4
Baths
3,258
Sq Ft
0.3
Acre Lot
Highlights
- Corner Lot
- No HOA
- Living Room
- Col. J. K. Tuffree Middle School Rated A
- Double Pane Windows
- 3-minute walk to Pearl Park
About This Home
As of May 2025GREAT 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.
Last Agent to Sell the Property
Simplified Realty, Inc. Brokerage Phone: 714-654-6388 License #01918024 Listed on: 04/09/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964 | Remodeled
Lot Details
- 13,068 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Block Wall Fence
- Corner Lot
- Rectangular Lot
- Back and Front Yard
Parking
- 6 Car Garage
- Parking Available
- Garage Door Opener
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,258 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Tile Flooring
Kitchen
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Located Outside
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Gas Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 1
- Tax Tract Number 5047
- Assessor Parcel Number 33922217
- $1,038 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $840
- Fuel Expense $2,328
- Insurance Expense $1,471
- Professional Management Expense $3,600
- Trash Expense $1,100
- Water Sewer Expense $5,856
- Operating Expense $15,195
- Gross Income $11,820
- Net Operating Income $82,425
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
May 7, 2025
Sold by
Bought by
Seller's Agent
Daniel Ly
Simplified Realty, Inc.
Buyer's Agent
Al Jafarkani
CENTURY 21 MASTERS
List Price
$1,650,000
Sold Price
$1,650,000
Views
46
Purchase Details
Closed on
Dec 27, 2019
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
0.0404%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 28, 2013
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2006
Sold by
Bought by
Purchase Details
Closed on
Feb 9, 2005
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,650,000 | Fidelity National Title | ||
| -- | None Available | ||
| $730,000 | Fidelity National Title Oran | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $365,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $1,650,000 | 0.0% | $506 / Sq Ft |
| 04/09/2025 04/09/25 | For Sale | $1,650,000 | -- | $506 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,361 | $894,875 | $738,800 | $156,075 |
| 2024 | $10,361 | $877,329 | $724,314 | $153,015 |
| 2023 | $10,181 | $860,127 | $710,112 | $150,015 |
| 2022 | $10,094 | $843,262 | $696,188 | $147,074 |
| 2021 | $9,929 | $826,728 | $682,537 | $144,191 |
| 2020 | $9,949 | $818,251 | $675,538 | $142,713 |
| 2019 | $9,615 | $802,207 | $662,292 | $139,915 |
| 2018 | $9,500 | $786,478 | $649,306 | $137,172 |
| 2017 | $9,348 | $771,057 | $636,574 | $134,483 |
| 2016 | $9,165 | $755,939 | $624,092 | $131,847 |
| 2015 | $9,052 | $744,585 | $614,718 | $129,867 |
| 2014 | $8,788 | $730,000 | $602,676 | $127,324 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Ly
-
Al Jafarkani
Buyer's Agent in 2025
Al Jafarkani
CENTURY 21 MASTERS
(626) 335-6000
2 in this area
8 Total Sales
-
The Mark and Al Team
Buyer Co-Listing Agent in 2025
The Mark and Al Team
CENTURY 21 MASTERS
(626) 335-6000
2 in this area
309 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25078045
APN: 339-222-17
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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