133 S Melrose ST new Save Request In-Person Tour Request Virtual Tour
Placentia,CA 92870
Key Details
Property Type Commercial
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 9,200 sqft
Price per Sqft $456
Subdivision Other (Othr)
MLS Listing ID OC25134651
HOA Y/N No
Year Built 1921
Lot Size 0.520 Acres
Acres 0.52
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 Natural Gas,Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Appliance Disposal,Gas Oven,Gas Range,Gas Water Heater,Range Hood,Water Heater
Laundry Gas Dryer Hookup,Washer Hookup
Exterior
Pool None
Community Features Curbs,Gutters,Sidewalks,Storm Drains,Street Lights,Suburban
Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Roof Type Composition,Shingle
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Acceptable Financing Assumable
Listing Terms Assumable
Financing Assumable
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash To Existing Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE None
SHOW INSTRUCTIONS Please do NOT disturb tenants. Do not talk to tenants. Thank you. Mark.Bridge@matthews.com