349 Camarillo St - Apartments FOR SALE


Placentia, CA 92870
$1,395,000 USD
949-607-7096
349 Camarillo St, Placentia, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/7
null | 3.84% Cap Rate

349 Camarillo St
Placentia, CA 92870


HIGHLIGHTS

  • Excellent Placentia Rental Pocket
  • Outstanding Unit Mix: (2) 2-Bed / 1.5-Bath & (1) 3-Bed / 2.5-Bath
  • (2) 2-Car Garages & (1) Single-Car Garage
  • Central Air & Heating
  • Community Laundry Room
  • Separately Metered for Gas & Electricity

OVERVIEW

Three-unit townhome-style investment in a quiet, well-established Placentia neighborhood. Built in 1977, the property consists of 3,478 SF situated on an 8,276 SF lot. The unit mix includes two spacious 2-bedroom/1.5-bathroom units and one 3-bedroom/2.5-bathroom unit, all featuring two-story layouts with central air and heat. Community laundry and ample parking are provided via two double garages and one single-car garage. The property offers a stucco exterior, tile roof, and low-maintenance grounds. Located within the highly regarded Placentia-Yorba Linda Unified School District, the property is within walking distance of schools and just minutes from Cal State Fullerton and the 57 Freeway. HOA dues include trash service and landscaping. Tenants pay their own electricity and gas, while ownership is responsible for water, hot water heating, and HOA expenses.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$401 USD /SF

# OF UNITS

3

PRICE/UNIT

$465,000

CAP RATE

3.84%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

-

APN/PARCEL ID

339-422-19

ASK ABOUT THIS PROPERTY

Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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Nicholas PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.