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34393830
34393831

607 W LA JOLLA ST, PLACENTIA, CA 92870-7108 For Sale

NG
CA 01521955
Gould Group Investment Real Estate
Listed by Gould Group Investment Real Estate
$1,499,000
9 days on market
Updated 9 days ago
Opportunity zone

3U + Land - 607 W. La Jolla St., Placentia

Details
APN 344-142-14
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,018
Net Rentable (SqFt) 3,018
Units 3
Cap Rate 3.46%
NOI $51,849
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Pro-Forma NOI $70,356
Price per SqFt $497
Broker Co-Op True
Class C
Year Built 1957
Year Renovated 2023
Buildings 2
Stories 1
Lot Size (SqFt) 26,813
Zoning R2 Low/Medium Density Multifamily
Parking Spaces 3 per unit
Investment Type Value Add
Ownership Fee Simple

NEW LISTING | Rare Placentia Triplex on 27,000 SF of Land

Marketing description

Presenting a rare multifamily investment opportunity in the heart of

Placentia, California. This well-maintained triplex sits on an

expansive 27,060 square foot R2 Low/Medium Density lot, offering a

unique combination of stable in-place income and exceptional longterm

upside.

What truly sets this property apart is the land. Oversized multifamily

parcels of this size are increasingly difficult to find, creating

opportunities for future ADU development, redevelopment potential,

or long-term appreciation. Buyers should verify all future

development opportunities with the City of Placentia.

Whether you're looking to expand an existing portfolio or acquire a

unique multifamily asset in a highly desirable North Orange County

location, 607 W. La Jolla Street offers a compelling investment

opportunity.

Investment highlights

Massive 27,000+ SF Parcel

Located near Major Freeways

R2 - Low/Medium Density

2027 Opportunity Zone Location

Listing Contacts

NG
CA 01521955
Gould Group Investment Real Estate
Listed by Gould Group Investment Real Estate

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,849.00
$4,320.75/mo

Valuation Metrics

0
DSCR
3.46%
Cap Rate
3.46%
ROI

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Property History

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