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133 Melrose Street

Placentia, CA 92870

$3,999,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $434 / sqft

1921

calendar_month Built

Property Description

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. 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Vinyl
Fireplace Information
Features None
Interior Information
Features Ceiling Fan(s), Quartz Counters
Cooling Type Wall/Window Unit(s)

Listing Information

Address 133 Melrose Street
City Placentia
State CA
Zip 92870
County Orange
Listing Agent Mark Bridge DRE#01316702
Courtesy Of Mark Bridge, Broker
MLS OC24042733
List Price $3,999,000
Status Active
Type Residential Income
Subtype Commercial/Residential
Structure Size N/A
Lot Size 22,651
Year Built 1921
DOM 11

Exterior Information

Maps

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straighten N/A
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Listing information courtesy of: Mark Bridge, Mark Bridge, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of May 6th, 2024 at 4:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.