1576 Spruce Street, Placentia, CA 92870

$1,425,000 Approx. USD 0 beds, 0 baths
3,500 sqft

Agent Remarks

Rare newer construction tri-plex in North Orange County. Always occupied and in great condition. Lower 4 bedroom unit is currently a 6-bed elder care facility and have been tenants for 8 years. Upper 2 bedroom units are very large with granite counter tops and upgraded bathrooms and cabinetry. 3 2-car garages attached to unit and additional on site parking. Next door 10 town homes are under construction and will complete the cul de sac street and will sell in the high $500,000's. You can buy a 40 year old building, struggle to keep it occupied and spend a ton of money on upkeep or buy this turn-key, fully leased building. Seller built this in 2006 for $1,500,000 and it would cost more to build it now. "Sister" building across the street is also for sale for the same price and both properties must close concurrently

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# PW16705725
List price is $1,425,000 Reduced by $70,000 on 3/6/2017
Beds: 0
Baths: 0
Built in 2006
3,500 sqft
2 stories
County: Orange
Parking description: Driveway,Direct Garage Access,Garage
Heating description: Forced Air
MLS area: 84 - Placentia

Last Updated: 3/27/2017

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This listing belongs to the 84 - Placentia MLS area

Lat/Long: 33.870221, -117.831747.
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Broker: Courtesy of Partners Real Estate Group
Listing Agent: Lauren Brady
Co Listing Agent: Scott Brady

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