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133 S Melrose St
Placentia, CA 92870
Multifamily Property For Sale · 11 Units

Investment Highlights

  • Units Have Washer/Dryer Hookups, Separate H/W Heaters, Kitchen Pantries, Separate Gas and Electric, Some w/ Patio, Balcony, or Split Level
  • Well-located, Turnkey Investment with Immense Tenant and Curb Appeal, Assigned Parking, No Tuck Under Parking, Spacious Property, and Large Courtyard
  • Exterior Renovation Including New Roofs, New Stucco, New Pavilion & BBQ Area, New Courtyard Concrete, New Landscaping, and New Asphalt
  • 1 Mile from CSUF and Hope International Univ, Less than ½ Mile from Valencia HS and Kraemer Middle, and Across the Street from Kraemer Memorial Park
  • Significant Interior Renovation to All Units, and Additional area in front to potentially develop ADU's
  • Several Retail Centers Next to the Property Including Sam’s Club, Home Depot, Smart & Final Extra, and Concentra Urgent Care

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.52 AC
Building Size 9,101 SF
Average Occupancy 100%
No. Stories 2
Year Built 1921
Parking Ratio 2.17/1,000 SF
Zoning Multi Family - Multi family residential / multi family dwelling

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Washer/Dryer Hookup
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Basement
  • Deck
  • Double Pane Windows
  • Family Room
  • Lawn
  • Vinyl Flooring

Site Amenities

  • Courtyard
  • Gas Range
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $2,000 675
2+1 4 $2,205 900
2+2 2 $2,450 950
3+2 1 $3,000 1,000

Property Taxes

Property Taxes

Parcel Number
339-353-11
Land Assessment
$2,783,070
Improvements Assessment
$312,120
Total Assessment
$3,095,190
  • Listing ID: 28334764

  • Date on Market: 4/27/2023

  • Last Updated:

  • Address: 133 S Melrose St, Placentia, CA 92870

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