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Real Estate
607 W La Jolla Street — Placentia, California
Three-unit multifamily with large R2 lot and value-add/redevelopment potential.
Placentia, California· Multifamily· Editorial score 76
Opportunity teaser
Asking $1.499M; 3 units, $51,849 NOI, 3.46% cap rate, and 27,000+ SF lot.
Why it may be interesting
In-place income paired with unusually large multifamily land area.
Risks and open questions
Future development, zoning, rents, and NOI require independent verification.
Key figures
- Price
- $1.5M
- NOI
- $51.85K
- Cap rate
- 0.03%
- Occupancy
- —
- Units
- 3
- Square feet
- 3,018
- Asset class
- Multifamily
- Geography
- Placentia, California
Disclosure
Public Crexi listing; no seller authorization or financial verification.