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449 Melody Ln
Placentia, CA 92870
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Located on a Quiet Single-Family Residential Street
- Well-Maintained Asset with a mix of Two- & One-Bedroom Units with Pitched Roofs
- ADU Potential - Potential to Add (2) ADUs on Top of Detached Garages
- 100% Occupied, Stable Cash-Flowing Property
- Recent Capital Improvements
- Large On-Site Laundry Rooms (Updated Leased Machines) & (8) Garage Spaces Used By Tenants to Park Their Cars
Property Facts
| No. Units | 8 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 5,525 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Zoning | R3 - Multiple Family Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,525 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 2.67/1,000 SF |
| Zoning | R3 - Multiple Family Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,918 | 640 |
| 2+1 | 3 | $2,248 | 775 |
Property Taxes
| Parcel Number | 339-031-01 | Improvements Assessment | $251,998 |
| Land Assessment | $2,244,962 | Total Assessment | $2,496,960 |
Property Taxes
Parcel Number
339-031-01
Land Assessment
$2,244,962
Improvements Assessment
$251,998
Total Assessment
$2,496,960
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