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420 W Chapman Ave
Placentia, CA 92870

Multifamily Property For Sale · 5 Units

Investment Highlights

  • Located in an Opportunity Zone
  • Value-Add Opportunity - In-Place Rents are 30% Below Market Rates
  • Community Includes Secured Gate Access, Garage Parking, Spacious Front Yard, Onsite Laundry Facility, Private Patios & Balconies
  • 1987 Construction
  • One- & Two-Bedroom Units
  • Close to California Sate University, Fullerton (1 Mi.), Across from Kraemer Memorial Park & Walking Distance to Multiple Neighborhood Retailers

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 0.24 AC
Building Size 3,895 SF
No. Stories 2
Year Built 1987
Parking Ratio 2.57/1,000 SF

Unit Amenities

  • Balcony
  • Patio

Site Amenities

  • Laundry Facilities
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $1,300 675
2+2 2 $2,063 925 - 945

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
339-351-12
Land Assessment
$1,040,400
Improvements Assessment
$312,120
Total Assessment
$1,352,520

zoning

Zoning Code SP (Specific Plan)
SP (Specific Plan)
  • Listing ID: 27197338

  • Date on Market: 11/28/2022

  • Last Updated:

  • Address: 420 W Chapman Ave, Placentia, CA 92870

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