Active

133 S Melrose Street

Placentia CA, 92870

$3,999,000


$434.67 per sqft

Active

9,200 sqft

Multi-family

Built in 1921

Listed by Mark Bridge with Mark Bridge, Broker 949-474-4004

This 11 unit, 5%+ Current CAP, well-located, recently renovated property with immense tenant and curb appeal next to Cal State University Fullerton. Each of the 11-Units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, new paint, and some of the units were taken down to the studs.

The exterior also had a recent significant renovation completed, including new roofs, new stucco, a new pavilion and BBQ area, new courtyard concrete, new landscaping, newly paved parking lot, some new fencing and paint, new tenant garden boxes, new washers and dryers, and new wall air conditioning. The property offers an excellent unit mix and range of floorplans with no tuck under parking. The listing agent has an ownership interest in the property. These 11 units are conveniently located three minutes from the 57 and five minutes from the 91 freeways, allowing tenants easy access to the greater California region and beyond. There are several retail centers next to the property, including Sam's Club, Home Depot, Smart & Final Extra, and Concentra Urgent Care. There are great schools within a couple miles of the property, including Kraemer Middle school, Valencia Highschool, Hope International University, Call State Fullerton, Saint Joseph Catholic school, Ruby Drive Elementary School, and Troy Highschool.

OC24042733

MLS ID

April 26, 2024

Listed

May 9, 2024

Updated

Map

133 S Melrose Street
Placentia CA, 92870

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s), Quartz Counters


Appliances

Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Water Heater


Laundry Description

Washer Hookup, Gas Dryer Hookup


Floor Description

Vinyl


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.52 Acres


Exterior Features

Lighting


Lot Features

11-15 Units/Acre


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

84 - Placentia


Days on Market

13


Garage

No


Parking

Assigned


Parking Total

15


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/6/2024

Price Change

$3,999,000

-2%

Listing Contact: 949-474-4004 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 8:11 PM UTC

 

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