PRICE $1,430,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 6,534 sqft

The Knepp Avenue Apartments is a four-unit apartment building located in the City of Fullerton, one of the strongest rental markets in Southern California. The city of Fullerton is a dynamic city in Orange County with a vibrant downtown located in Orange County, approximately 25 miles southeast of downtown Los Angeles.The property offers an attractive unit mix comprised of all two bedroom/ one-bathroom units totaling 3,752 square feet, situated on a 6,392 square foot lot. The subject property has recently gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, and new landscaping.The subject property’s close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing. This offering represents a rare opportunity for an investor to acquire a 4.41% Cap Rate / 6.61% total return for a stable, renovated, “A” location investment property in the solid rental market of Fullerton, California.

DAYS ON MARKET 208 LAST UPDATED 5/25/2021
YEAR BUILT 1958 COMMUNITY Not Defined
GARAGE SPACES 4.0 COUNTY Orange
STATUS Sold PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jan 20, '21 $1,485,000
Jan 20, '21 - Feb 25, '21 $1,475,000
Feb 25, '21 - Mar 16, '21 $1,450,000
Mar 16, '21 - Today $1,440,000


ADDITIONAL DETAILS
AREA Not Defined
GARAGE Yes
LOT 6534 sq ft
LOT DESCRIPTION Front Yard, Landscaped, Near Public Transit
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Marcus & Millichap RE Invest

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Based on information from California Regional Multiple Listing Service, Inc. as of 3/28/24 11:46 AM 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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