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1222 N Placentia Avenue, Anaheim, California 92806, Anaheim, 92806 - 6 bed, 3 bath

1222 N Placentia Avenue, Anaheim, California 92806 home-pic-0
ACTIVE$1,325,000
1222 N Placentia Avenue, Anaheim, California 92806
6Beds
3Baths
2,556Sqft
9,148Lot
Year Built
1961
Close
-
List price
$1.32M
Original List price
$1.38M
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
IG25107899
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.32M(17th), sqft - 2556(17th), beds - 6(83th), baths - 3(83th).

Charming Triplex with Income Potential in Prime Location! Don't miss this incredible opportunity to own a well-maintained triplex, perfect for investors or owner-occupants! Each of the three units offers 2 spacious bedrooms and 1 full bathroom, with approximately 828 sq. ft. of comfortable living space. This property features individual 1-car garages for each unit plus additional rear parking for added convenience. Enjoy the lush greenery and mature fruit trees that provide a serene and welcoming outdoor environment. The interiors are thoughtfully updated with newer windows and modern flooring throughout. A shared laundry room serves all three units, adding extra value and practicality. Ideally situated within walking distance to nearby shopping centers, this triplex is a fantastic opportunity to live in one unit while generating rental income from the others—or rent out all three for maximum return. Schedule a showing today and discover the potential of this exceptional investment!

Condition Rating
Fair
Built in 1961, this triplex has received some updates, including 'newer windows and modern flooring' as stated in the description, which is visible in the images (wood-look tile/laminate). The kitchens feature basic white cabinets, laminate countertops, and standard white appliances, appearing functional but not modern in style. Bathrooms have basic vanities, mirrors, and strip lighting, also functional but dated. Popcorn ceilings are present throughout. The reliance on window AC units suggests a lack of central air conditioning. While well-maintained and move-in ready, the updates are not extensive enough to overcome the property's age and the presence of outdated features, aligning it with the 'Fair' condition criteria.
Pros & Cons

Pros

Income Generation Potential: As a triplex, the property offers significant rental income opportunities, ideal for investors or owner-occupants looking to offset mortgage costs.
Prime & Walkable Location: Situated in a 'Prime Location' within 'walking distance to nearby shopping centers,' enhancing tenant appeal and convenience.
Updated & Well-Maintained: The property is described as 'well-maintained' with 'newer windows and modern flooring throughout,' suggesting reduced immediate maintenance needs for a new owner.
Ample Parking: Provides 'individual 1-car garages for each unit plus additional rear parking,' a highly desirable and convenient feature for multi-unit properties and tenants.
Desirable Outdoor Space: Boasts 'lush greenery and mature fruit trees' creating a 'serene and welcoming outdoor environment' for residents.

Cons

Age of Construction: Built in 1961, the property's age, despite cosmetic updates, may suggest older underlying infrastructure (e.g., plumbing, electrical systems) that could require future attention.
No Mention of Cooling System: The property description does not specify the presence of air conditioning or any cooling system, which could be a significant drawback for tenants in Anaheim's climate.
Shared Laundry Facility: While practical, the shared laundry room for all three units might be less appealing to some prospective tenants who prefer the convenience and privacy of in-unit laundry.

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