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Key Details
Sold Price $1,575,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW22035159
Sold Date 06/30/22
Bedrooms 7
HOA Y/N No
Lot Size 10,890 Sqft
Property Description
BEAUTIFUL PRISTINE PROPERTY. LOCATED IN OPPORTUNITY ZONE. BUILDING WELL MAINTAINED. Pleased to present the opportunity to acquire The Monterey Property, a pride of ownership & value-add apartment building in Placentia, CA. This offering is situated east of the 57 Freeway near the California State University of Fullerton and Valencia High School. The property offers a unit mix of two and three-bedroom units on a 10,890 sq ft lot. The community features garage parking, a laundry facility, and more. The Monterey Property offers an investor the opportunity to acquire a well-located asset with approximately 20% upside in rents.
BEAUTIFUL PRISTINE PROPERTY. LOCATED IN OPPORTUNITY ZONE. BUILDING WELL MAINTAINED. Pleased to present the opportunity to acquire The Monterey Property, a pride of ownership & value-add apartment building in Placentia, CA. This offering is situated east of the 57 Freeway near the California State University of Fullerton and Valencia High School. The property offers a unit mix of two and three-bedroom units on a 10,890 sq ft lot. The community features garage parking, a laundry facility, and more. The Monterey Property offers an investor the opportunity to acquire a well-located asset with approximately 20% upside in rents.
Location
State CA
County Orange
Area Oc - Placentia (92870)
Zoning Public Rec
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Acceptable Financing Conventional
Space Rent $1,670
Listing Terms Conventional
Financing Conventional
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Bought with Gary Tolfa • Triqor Group