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Listed by Mark Bridge • Mark Bridge, Broker
$ 4,200,000
Est. payment | /mo
9,200 SqFt
$ 4,200,000
Est. payment | /mo
9,200 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 9,200 sqft
Price per Sqft $456
MLS Listing ID OC-25134651
Year Built 1921
Lot Size 0.520 Acres
Property Sub-Type Commercial/Residential
Property Description
We are pleased to present 133 S Melrose St, located in Placentia, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment 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, Cal State Fullerton, Saint Joseph Catholic school, Ruby Drive Elementary School, and Troy High School.
Location
State CA
County Orange
Area 84 - Placentia
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114