1576 Spruce ST Placentia, CA 92870

Rare newer construction tri-plex in North Orange County. Always occupied and in great condition. Lower 4 bedroom unit is currently a 6-bed elder care facility and have been tenants for 8 years. Upper 2 bedroom units are very large with granite counter tops and upgraded bathrooms and cabinetry. 3 2-car garages attached to unit and additional on site parking.

Next door 10 town homes are under construction and will complete the cul de sac street and will sell in the high $500,000's. You can buy a 40 year old building, struggle to keep it occupied and spend a ton of money on upkeep or buy this turn-key, fully leased building. Seller built this in 2006 for $1,500,000 and it would cost more to build it now. "Sister" building across the street is also for sale for the same price and both properties must close concurrently