2024 E. Whiting Avenue is a rarely available 6 unit apartment complex in the city of Fullerton. The subject property is desirably comprised of majority two bedroom units making this asset in demand to investors and tenants. Additionally, tenants are provided garage parking, on-site laundry, air condition and secured entry with a private courtyard. Renters also benefit from the property’s proximity to Downtown Fullerton (approximately 2 miles) and Cal State Fullerton University (approximately 1 mile) as wells it’s convenient access to the 57, 91 & 5 Freeways allowing expedient travel throughout Orange & Los Angeles County. The property has been well maintained by the existing ownership with two of the units seeing full interior renovations. Great upside potential will allow the new owner to increase rents quickly while continuing the upgrading of the property and substantially improving the return on investment. All of these attributes attract long term renters at elevated rent levels leading to exceptional returns for the new investor in this complex.
DAYS ON MARKET
|
98
|
LAST UPDATED
|
10/22/2021
|
TRACT
|
Classic Homes (CLAS)
|
YEAR BUILT
|
1961
|
COMMUNITY
|
Fullerton
|
GARAGE SPACES
|
6.0
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Fullerton |
GARAGE |
Yes |
LOT |
7075 sq ft |
LOT DESCRIPTION |
Lawn, Yard |
POOL DESCRIPTION |
None |
SEWER |
Sewer Tap Paid |
SUBDIVISION |
Classic Homes (CLAS) |
WATER |
Public |
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Listed with Morgan Skenderian
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/24 8:39 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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