744 N Angelina, Placentia, California 92870, Placentia, 92870 - bed, bath
ACTIVE$1,875,000
744 N Angelina, Placentia, California 92870
0Bed
0Bath
3,624Sqft
21,344Lot
Year Built
1960
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
$517
HOA
-
Days on market
-
Sold On
-
MLS number
OC25272775
Home ConditionGood
Features
Patio
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $1.88M(50th), sqft - 3624(50th), beds - undefined(50th), baths - undefined(50th).
This fourplex offers 2 bedrooms and 1 bath in each unit and have their own private back yard. Each unit has a 1 car attached garage and laundry in the garage. These units have new cabinets, countertops, and flooring. All four units are tenant occupied. Drive by only! 744, 746, 750, 752
Price History
Date
Event
Price
12/08/25
Listing
$1,875,000
11/19/21
Sold
$1,450,000
Condition Rating
Good
Despite being built in 1960, the property has undergone significant recent cosmetic renovations, as evidenced by the 'new cabinets, countertops, and flooring' mentioned in the description and visible in the images. The bathroom features a modern vanity, new toilet, updated tile surround, and contemporary light fixtures. The kitchen boasts new white shaker-style cabinets and countertops, with functional appliances. While the underlying systems of a 1960 build may be older, the visible interior spaces are clean, updated, and move-in ready, requiring no immediate cosmetic renovations for tenants.
Pros & Cons
Pros
Strong Income Potential: As a fully tenant-occupied fourplex, the property offers immediate and consistent rental income, making it an attractive investment for cash flow.
Recent Unit Upgrades: All units feature new cabinets, countertops, and flooring, indicating recent cosmetic renovations that enhance tenant appeal and reduce immediate maintenance needs.
Individual Tenant Amenities: Each unit benefits from a private backyard, an attached 1-car garage, and in-garage laundry, which are highly desirable features for renters and contribute to tenant retention.
Generous Lot Size: The substantial 21,344 sqft lot provides ample space, potentially offering future development opportunities or enhancing the overall living environment for tenants.
Desirable Multi-Family Asset: Quadruplexes are a sought-after asset class for investors, balancing multiple income streams with a more manageable scale compared to larger apartment complexes.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3624, other record living area = 906.
Restricted Access ('Drive By Only'): The inability to conduct interior inspections significantly hinders due diligence, making it difficult to assess the true condition of units, tenant quality, or potential deferred maintenance beyond stated renovations.
Age of Property (1960 Build): Despite recent cosmetic upgrades, the 1960 construction year suggests potential for older infrastructure (e.g., plumbing, electrical, roof, foundation) that may require substantial capital expenditures in the future.
Tenant Occupancy Challenges: While providing income, existing tenant occupancy can complicate a new owner's plans for rent adjustments, unit renovations, or owner-occupancy due to California's strong tenant protection laws.