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349 Camarillo St
Placentia, CA 92870
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Excellent Placentia Rental Pocket
- (2) 2-Car Garages & (1) Single-Car Garage
- Community Laundry Room
- Outstanding Unit Mix: (2) 2-Bed / 1.5-Bath & (1) 3-Bed / 2.5-Bath
- Central Air & Heating
- Separately Metered for Gas & Electricity
Executive Summary
Three-unit townhome-style investment in a quiet, well-established Placentia neighborhood. Built in 1977, the property consists of 3,478 SF situated on an 8,276 SF lot. The unit mix includes two spacious 2-bedroom/1.5-bathroom units and one 3-bedroom/2.5-bathroom unit, all featuring two-story layouts with central air and heat. Community laundry and ample parking are provided via two double garages and one single-car garage. The property offers a stucco exterior, tile roof, and low-maintenance grounds. Located within the highly regarded Placentia-Yorba Linda Unified School District, the property is within walking distance of schools and just minutes from Cal State Fullerton and the 57 Freeway. HOA dues include trash service and landscaping. Tenants pay their own electricity and gas, while ownership is responsible for water, hot water heating, and HOA expenses.
Property Facts
| Price Per Unit | $660,253 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 3.84% | Building Size | 3,478 SF |
| Gross Rent Multiplier | 13.74 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1977 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price Per Unit | $660,253 CAD |
| Sale Type | Investment |
| Cap Rate | 3.84% |
| Gross Rent Multiplier | 13.74 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,478 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.44/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | - | - |
| 2+1.5 | 2 | - | - |
Property Taxes
| Parcel Number | 339-422-19 | Improvements Assessment | $311,838 CAD |
| Land Assessment | $1,303,762 CAD | Total Assessment | $1,615,600 CAD |
Property Taxes
Parcel Number
339-422-19
Land Assessment
$1,303,762 CAD
Improvements Assessment
$311,838 CAD
Total Assessment
$1,615,600 CAD
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