$1,499,000

607 W La Jolla St Placentia, CA 92870

Placentia Area

Estimated payment $9,111/month

Total Views 5,183
5 Beds
3 Baths
3,018 Sq Ft
$497 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • No HOA
  • Chain Link Fence
  • Valencia High School Rated A+
  • Laundry Facilities
  • Wall Furnace

About This Home

Rare multifamily investment opportunity in the heart of Placentia. This well-maintained triplex is situated on an expansive 27,060 SF R2 Low/Medium Density lot, offering a unique combination of stable in-place income and long-term upside. The property features one (1) 3-bedroom, 1.5-bath unit and two (2) 2-bedroom, 1-bath units with ample on-site parking and attractive outdoor space. The oversized parcel provides potential opportunities for future ADU development or redevelopment (buyer to verify with the City of Placentia). Conveniently located near shopping, dining, schools, parks, and major freeways, this is a rare opportunity to acquire a well-located multifamily asset with exceptional land value in North Orange County.

Listing Agent

Nick Gould

Gould Group Inc Brokerage Email: ng@gouldgroupinc.com License #01521955 Listed on: 07/15/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 26,872 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 3,018 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 3 / 9
  • Tax Tract Number 295
  • Assessor Parcel Number 34414214
  • $1,366 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $3,000
  • Insurance Expense $3,000
  • Maintenance Expense $5,964
  • New Taxes Expense $18,331
  • Operating Expense $30,795
  • Gross Income $85,200
  • Net Operating Income $51,849

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.62 Acres

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 34414214
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 496.69

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Curbs, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 26872.00
  • Lot Size Acres: 0.6169

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 85200.00
  • Gross Multiplier: 17.59
  • Gross Operating Income: 82644.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 26872.0000 Square Feet
  • Maintenance Expense: 5964.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 51849.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 30795.00
  • Operating Expense Percent: 36.10
  • Rent Control: Yes
  • Total Expenses: 30795.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18331.00
  • Tax Block: 9
  • Tax Lot: 3
  • Tax Tract Number: 295
  • TaxOtherAnnualAssessmentAmount: 1366.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,468 $858,829 $739,011 $119,818
2024 $11,194 $841,990 $724,521 $117,469
2023 $10,910 $825,481 $710,315 $115,166
2022 $10,676 $809,296 $696,388 $112,908
2021 $10,352 $793,428 $682,733 $110,695
2020 $10,384 $785,293 $675,733 $109,560
2019 $9,936 $769,896 $662,484 $107,412
2018 $9,800 $754,800 $649,494 $105,306
2017 $2,566 $90,833 $36,527 $54,306
2016 $2,520 $89,052 $35,810 $53,242
2015 $2,475 $87,715 $35,272 $52,443
2014 $2,431 $85,997 $34,581 $51,416
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 Prior Sale
07/15/2026 07/15/26 For Sale $1,499,000 +102.6% $497 / Sq Ft
04/26/2017 04/26/17 Sold $740,000 0.0% $586 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
12/29/2015 12/29/15 Off Market $740,000 -- --
08/17/2015 08/17/15 For Sale $849,900 -- $673 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 Type Sale Price Title Company
Grant Deed $740,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
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 Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Previous Owner $548,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP26154932

California Regional Multiple Listing Service (CRMLS)

APN: 344-142-14

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