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Key Details
Sold Price $835,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Unknown
MLS Listing ID PW22234679
Sold Date 01/31/23
Construction Status Fixer
HOA Y/N No
Year Built 1958
Lot Size 8,276 Sqft
Property Description
Escrow fell out due to buyer layoff. Looking for an excellent investment opportunity with huge upside potential? Look no further! This fix and flip triplex located in the heart of Placentia is a wonderful value add opportunity. This R2-zoned property offers endless potential for additions and upgrades and features two 2-bedroom, 1-bath units that share a common wall and a 1-bedroom, 1-bath, which is attached to the two-car garage. Each unit features individual gas, electric, and water meters as well as laundry hookups. A long driveway offers plenty of parking. This property is conveniently located right across the street from Valencia High School and is close to shopping, dining, and freeways, making it the prime location for rental income property. Schedule a showing soon as it won't last long!
Location
State CA
County Orange
Area 84 - Placentia
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl, Wood
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Suburban
View Y/N Yes
View Neighborhood
Accessibility None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Street Level
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 33902208
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Private
Special Listing Condition Standard
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Bought with Todd Anderson • IMPACT Properties, Inc