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133 S Melrose St
Placentia, CA 92870

Price Upon Request

Apartments For Sale  •  9,101 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,101 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1921
  • Zoning Multi Family
30 Transit Score
60 Walk Score

Highlights

UPDATE: ASSUMABLE $2,300,000 LOAN, 4.04% INTEREST, Fixed Until 9/1/27, and Interest Only Until 9/1/25
Desirable Unit Mix of Mostly Two Bedroom and Single-Story Units on a Quiet Street, Renovated Inside and Out with Pitched Roofs and New Asphalt
Units Have Washer/Dryer Hookups, Separate Hot Water Heaters, Kitchen Pantries, Separate Gas & Electric Meters. Some Have Patio, Balcony or Split Level
Superb City of Placentia Location: Less Than 1 Mile from Cal State University Fullerton, Hope International University, Valencia HS & Kraemer Middle
Exterior Renovations including: New Roofs, New Stucco/Paint, New Pavillion & BBQ Area, New Courtyard Concrete, New Landscaping, and New Windows
Interior Renovations including: New Wall Air Conditioning, New Flooring, New Quartz Counters, New Kitchen & Bath Upgrades, and New Lighting

Financial Summary (Actual)

Net Operating Income: $207,607 USD (2023)
Total Expenses: $91,519 USD

Amenities

  • Air Conditioning
  • Cable Ready
  • Courtyard
  • Disposal
  • Washer/Dryer Hookup
  • Gas Range
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Yard
  • Basement
  • Deck
  • Double Pane Windows
  • Family Room
  • Lawn
  • Vinyl Flooring
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Anaheim Canyon (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 3.0 mi
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.5 mi
AirportDriveWalkDistance
John Wayne/Orange County 20 min - 16.1 mi
Long Beach (Daugherty Field) 32 min - 25.6 mi
Ontario International 35 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes