Listing provided courtesy of Mark Bridge of Mark Bridge, Broker. Last updated 2024-05-17 08:11:21.000000. Listing information © 2023 CRMLS.

Asking Price: $3,999,000

133 Melrose, Placentia CA 92870

Community: ​84 - Placentia

Status: Active


This Commercial/Residential property was built in 1921 and is priced at $3,999,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372690431
  • Type: Commercial/Residential
  • Year Built: 1921
This 11 unit, 5%+ Current CAP, well-located, recently renovated property 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. The listing agent has an ownership interest in the property. 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, Call State Fullerton, Saint Joseph Catholic school, Ruby Drive Elementary School, and Troy Highschool.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600