607 W La Jolla St - Apartments FOR SALE


Placentia, CA 92870
$1,499,000 USD
949-996-4785
607 W La Jolla St, Placentia, CA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

607 W La Jolla St
Placentia, CA 92870


HIGHLIGHTS

  • Rare, Large 27,060 SF Lot
  • Well-Located Near Major Freeways
  • R2 Low-Medium Density Single Parcel
  • In-Place Income, ADU and New Development Opportunity

OVERVIEW

Presenting a rare multifamily investment opportunity in the heart of Placentia, California. This well-maintained triplex sits on an expansive 27,060 square foot R2 Low/Medium Density lot, offering a unique combination of stable in-place income and exceptional longterm upside. What truly sets this property apart is the land. Oversized multifamily parcels of this size are increasingly difficult to find, creating opportunities for future ADU development, redevelopment potential, or long-term appreciation. Buyers should verify all future development opportunities with the City of Placentia. Whether you're looking to expand an existing portfolio or acquire a unique multifamily asset in a highly desirable North Orange County location, 607 W. La Jolla Street offers a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$497 USD /SF

# OF UNITS

3

PRICE/UNIT

$499,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

3

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

R2

APN/PARCEL ID

344-142-14

ASK ABOUT THIS PROPERTY

Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

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Nick GouldGould Group Investment Real EstateMore Info
949-996-4785

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