$1,575,000
$1,695,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
342 Monterey WAY Placentia, CA 92870
0.25 Acres Lot
Key Details
Sold Price $1,575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Chapman Plaza (Chap)
MLS Listing ID PW22035159
Sold Date 06/30/22
HOA Y/N No
Year Built 1977
Lot Size 10,890 Sqft
Property Description
BEAUTIFUL PRISTINE PROPERTY. LOCATED IN OPPORTUNITY ZONE. BUILDING WELL MAINTAINED.
Pleased to present the opportunity to acquire The Monterey Property, a pride of ownership & value-add apartment building in Placentia, CA. This offering is situated east of the 57 Freeway near the California State University of Fullerton and Valencia High School. The property offers a unit mix of two and three-bedroom units on a 10,890 sq ft lot. The community features garage parking, a laundry facility, and more. The Monterey Property offers an investor the opportunity to acquire a well-located asset with approximately 20% upside in rents.
Location
State CA
County Orange
Area 84 - Placentia
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Suburban, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard, Lawn
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 33942214
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Gary Tolfa • Triqor Group