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

home-pic
ACTIVE$1,325,000
1222 N Placentia Avenue, Anaheim, California 92806
0Bed
0Bath
2,485Sqft
9,148Lot
Year Built
1961
Close
-
List price
$1.32M
Original List price
$1.38M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25107723
Home ConditionFair
Features
View-

About this home

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!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds00
Baths00
Square foot2,4853,820
17%
Lot Size9,1488,930
50%
Price$1.32M$1.44M
17%
Price per square foot$533$378
83%
Built year19619825983
17%
HOA
Days on market17464
83%
Condition Rating
Fair

Built in 1961, this triplex shows signs of regular upkeep and some updates, such as newer windows and laminate flooring in some units. However, the kitchens (one with older wood cabinets, another with white cabinets but dated tile) and bathrooms (older vanities, fixtures) are functional but clearly outdated. Popcorn ceilings are visible, and the presence of a window AC unit suggests a lack of central air. While move-in ready, it requires cosmetic updates to meet modern standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Strong Income Potential: As a triplex, the property offers significant rental income opportunities, ideal for investors or owner-occupants seeking to offset mortgage costs.
Prime Walkable Location: Ideally situated within walking distance to shopping centers, enhancing tenant desirability and convenience.
Individual Garages & Ample Parking: Each unit benefits from a dedicated 1-car garage, complemented by additional rear parking, a valuable amenity for tenants.
Recent Key Updates: Features newer windows and modern flooring throughout, reducing immediate capital expenditure for a new owner.
Well-Maintained with Green Space: The property is described as well-maintained, boasting lush greenery and mature fruit trees, contributing to a pleasant living environment.

Cons

Dated Interior Finishes: Kitchens and bathrooms feature older cabinets, fixtures, and dated tile, requiring significant cosmetic updates to meet modern tenant expectations.
Absence of Central Air Conditioning: The property lacks central AC, relying on window units, which can be a major drawback for tenant comfort in Anaheim's climate.
Older Building Systems: Built in 1961, while updated cosmetically, the underlying systems (e.g., plumbing, electrical) may be original or require future upgrades, indicated by the 'Fair' condition score.

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