1020 Cypress Street, Placentia, CA 92870  

We are pleased to present this nicely renovated four-unit multifamily property located in Placentia, California. The asset offers 100% townhome style two-bed / one and a half-bath units. The property is well maintained and 3 of 4 units have been fully renovated inside. There is ample garage and open parking available for tenants, which is a nice amenity in the densely populated city. There is a laundry room conveniently located on-site. The unit amenities comprise of new cabinets, new counter tops, new vanities, new paint, new fixtures, and new flooring. Each unit is individually metered for gas & electricity.This property is in a good central Placentia location right near major retail, educational, and employment opportunities. The property is conveniently located less than a mile from the CA-91 Freeway, which allow tenants to connect with the greater California region and beyond. This offering provides an investor the opportunity to acquire a well maintained apartment community with exceptional value-add upside in a premier location within the city. Given the strength of the overall apartment market within the city of Placentia, the property offers an investor the ability to capture quality tenants seeking a great neighborhood with convenient access to a wide variety of activities, transportation and retail amenities.

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  • Listing Type Multi-Family
  • Listing ID OC19131131
  • Lot Size 0.27 acres
  • Listing Status For Sale Under Contract
  • Year Built 1964
  • County Orange
  • Subdivision Granada Vista (Grnv)
  • Floors 2
  • Units 4
  • Garage 5.0
  • TaxID 34428228
Listing courtesy of Mark Bridge~Mark Bridge, Broker

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