Three-Unit Townhome-Style
For Sale
$1,395,000
349 Camarillo St, Placentia, CA 92870
MULTI_FAMILY - Placentia, CA
Property Size3,478 SF
Lot Size0.19 Acres
Price / SF$401.09
Days on Market51
Property Features for 349 Camarillo St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
7
Full bathrooms
5
Rooms
Bathroom 4, Bedroom 2, Bathroom 7, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 5, Bedroom 6
Parking
5
Parking features
Garage
Directions
From the 57 freeway, exit Orangethorpe Ave east, north on Bradford Ave, west on Camarillo St.
Subdivision
Placentia
Standard status
Active
APN
339-422-19
Size
3,478 SF
Lot size
0.19 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
community laundry
Building Details
Year built
1977
Floors in Building
2
Number of units
3
Listing Agency:
Remax Commercial and Investment Realty · RE/MAX International
(213) 817-1000
Listed By:
Nicholas Petrosian · License #01462598
(949) 607-7096
Added: Jun 20
Changed: Aug 1
Last Checked: Aug 9 at 1:06AM
MLS# 26849659
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Three-unit townhome-style triplex investment built in 1977, totaling 3,478 SF on an 8,276 SF lot. The property features two-story layouts with central air and central heat in all units. Unit mix includes two 2-bedroom, 1.5-bathroom homes and one 3-bedroom, 2.5-bathroom home.
Community laundry and parking are provided through two double garages and one single-car garage. The exterior offers stucco with a tile roof and low-maintenance grounds.
HOA dues include trash service and landscaping. Tenants pay their own electricity and gas, while ownership is responsible for water, hot water heating, and HOA expenses. The property is located within the Placentia-Yorba Linda Unified School District, with schools within walking distance and Cal State Fullerton and the 57 Freeway just minutes away.
Community laundry and parking are provided through two double garages and one single-car garage. The exterior offers stucco with a tile roof and low-maintenance grounds.
HOA dues include trash service and landscaping. Tenants pay their own electricity and gas, while ownership is responsible for water, hot water heating, and HOA expenses. The property is located within the Placentia-Yorba Linda Unified School District, with schools within walking distance and Cal State Fullerton and the 57 Freeway just minutes away.
Key Highlights
- Built in 1977 with 3,478 SF on an 8,276 SF lot
- Two‑story layouts with central air and central heat
- Unit mix: two 2‑bedroom 1.5‑bath units plus one 3‑bedroom 2.5‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,362
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,467,240
$1.5M
Cap Rate 7%
$1,048,029
$1.0M
Cap Rate 9%
$815,133
$815.1K
Market Conditions
NOI Build-Up for 3,478 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$108.5K $31.20/SF
− Vacancy
−$3.7K −$1.07/SF
EGI
$104.8K $30.13/SF
− OpEx
−$31.4K −$9.04/SF
NOI
$73.4K $21.09/SF
Area
Orange County, CA
Vacancy
3.42%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,467,240
Cap Rate 7%
$1,048,029
Cap Rate 9%
$815,133
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$917.0K – $1.22M
NOI $73,362 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$948.4K
$829.8K – $1.11M
NOI $66,385 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,773 @ 7.0% cap · market cap 5.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,844
Businesses Nearby
Explore this area
Business Placement
Demographics for 92870, CA
52,749
Population
17,545
Households
3
Avg Household Size
39
Median Age
44%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
7,873
Density / Sq Mi
$110,575
Median Household Income
$53,074
Median Earnings
$2,267
Median Rent
$871,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 1977 with central air and heat, offering two two-bedroom units and one three-bedroom unit.
Where is this triplex located?
The property is located at 349 Camarillo St Placentia, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Built in 1977 with 3,478 SF on an 8,276 SF lot; Two‑story layouts with central air and central heat; Unit mix: two 2‑bedroom 1.5‑bath units plus one 3‑bedroom 2.5‑bath unit
