133 S Melrose Street

Placentia, CA 92870
$3,999,000
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, newRead MoreRead Less
Property listed by Mark Bridge, Broker, Mark Bridge [email protected]
Listing Snapshot
Days Online
13
Last Updated
May 10, 2024
Property Type
Mixed Use
Lot Size
0.52 Acres
Year Built
1921
MLS Number
OC24042733
30 Days Snapshot Of 92870
$992K
+1%
(avg) sold price
33
+3%
homes sold
60
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, GasOven, GasRange, GasWaterHeater, WaterHeater
Building
Built in 1921, Building area total: 9,200, Levels: Two, 2 stories, 4 buildings, Architectural style: , Attached, Common walls: Item1CommonWall, Construction materials: Stucco
Community
Curbs, StormDrains, StreetLights, Sidewalks
Cooling
WallWindowUnits
Expenses
Electric expense: $132, Gardener expense: $1,800, Insurance expense: $6,914, Maintenance expense: $5,500, New taxes expense: $43,589, Operating expense: $90,963, Trash expense: $5,734, Water sewer expense: $10,308, Other expense: $4,260
Exterior Features
Lighting
Fence
WroughtIron
Fireplaces
None
Floors
Vinyl
Heating
NaturalGas
Income
Gross income: $307,140, Net operating income: $208,163
Interior Features
CeilingFans, QuartzCounters
Laundry
WasherHookup, GasDryerHookup
Lot
0.52 acres, 22,651 square feet, Size: 1, Item1115UnitsAcre
Parking
15 open parking spaces, 15 totals parking, Assigned
Pool
None
Roof
Composition, Shingle
Sewer
PublicSewer
Spa
None
Tenant Pays
Electricity, Gas
Utilities
CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
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Kris Cowen
Principle Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of May 10, 2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.