PRICE $3,100,000 dsIDX morgage calculator
BEDS 8
BATHS 6
HOME SIZE 4,731 sqft
LOT SIZE 7,406 sqft

The most desirable 6 Unit Apartment Building for sale in Orange County and an exceptional investment opportunity, located 1.8 miles from Downtown Fullerton, and 2.4 miles from Fullerton College. The entire building was remodeled over the course of two years and $500,000.00 + in upgrades were made to the property. Additional property features include brand new stainless steel LG appliances, Air Conditioning and Heating throughout the 3 of the apartments, and brand new vinyl flooring. The remodeled units also feature exceptional, fully tiled bathroom floors and walls, combined with a walk in showers for a truly peaceful spa like experience. The spacious galley kitchens have designer Quartz countertops from Bedrosians, gas LG ranges, dishwashers, refrigerators and freezers, and offer ample area for storage, cooking, and counter-space. Three of the units have been meticulously remodeled and no expense was spared to make sure that they are completely up to 2024 living standards. The property also boasts a detached garage complex comprised of (3) spacious 2 car garages that are all rented for an additional $400.00 per month. Zero Vacancy 4.7% Cap Rate currently in place with a 5.3%+ Cap Rate attainable once remaining 3 units are brought up to market rent. Possible to deliver 1 under market rent unit vacant at close of escrow if desired. Overall turn-key, low maintenance asset, with big upside potential.

DAYS ON MARKET 121 LAST UPDATED 1/29/2024
YEAR BUILT 1956 COMMUNITY Fullerton
GARAGE SPACES 6.0 COUNTY Orange
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jan 29, '24 $3,300,000
Jan 29, '24 - Today $3,100,000


ADDITIONAL DETAILS
AIR Electric
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, Range, Refrigerator, Washer
AREA Fullerton
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Covered, Door-Multi, Garage, Private, Yes
HEAT Electric
LOT 7405 sq ft
LOT DIMENSIONS 63x115
PARKING Covered,Door-Multi,Garage,Private
POOL DESCRIPTION None
SEWER Other
STORIES 2
STYLE Modern
VIEW Yes
ZONING R3
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Allure Capital Management Corp

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/24 11:17 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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