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1112 N Bradford Ave
Placentia, CA 92870

$51,000,000 USD

Apartments For Sale  •  121,725 SF

Property Details

  • Property Type Apartments
  • Total Building Size 121,725 SF
  • Lot Size 3.16 AC
  • Building Class C
  • Year Built 2002
  • Cap Rate 3.89 %
31 Transit Score
80 Walk Score

Highlights

Active Adult Senior Apartments for the 55 and Over Community
Built in 2002
Attractive Unit Mix of One- & Two-Bedroom Floor Plans
Value-Add Opportunity with Significant Rental Upside
Desirable Unit Features Include Private Patios/Balconies, Ceiling Fans, Dishwashers, Central Heat & A/C & More
Prime Placentia Location Adjacent to Brea, Yorba Linda and Fullerton

Financial Summary (Actual)

Net Operating Income: $1,981,960 USD (2023)
Cap Rate: 3.89 %
Total Expenses: $1,367,357 USD

Amenities

  • Air Conditioning
  • Balcony
  • Business Center
  • Cable Ready
  • Controlled Access
  • Clubhouse
  • Dishwasher
  • Disposal
  • Fireplace
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Spa
  • Storage Space
  • Tenant Controlled HVAC
  • Gated
  • Heating
  • Gameroom
  • Package Service
  • Smoke Free
  • Ceiling Fans
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Bicycle Storage
  • Conference Rooms
  • Elevator
  • Lounge
  • Online Services
  • Freezer
  • Wheelchair Accessible (Rooms)
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Anaheim Canyon (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.4 mi
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.4 mi
AirportDriveWalkDistance
John Wayne/Orange County 23 min - 17.5 mi
Ontario International 35 min - 26.5 mi
Long Beach (Daugherty Field) 35 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 176
Type: Covered
Included in Rent: Yes
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group
Doug Rodermund 949-295-8560 Morgan-Skenderian Investment Real Estate Group