Price $1,935,000
Status Active
Beds 0
Baths 0 Bath
Home size 4,327 sqft
Lot Size 8,712 sqft
Days on Market 11
*Great Orange County Location in the City of Fullerton. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. "No Rent Control". Two-Story 7-Unit Apartment Building is Located in a Quiet and Rental Desirable Neighborhood in the City of Fullerton. Corner Lot which is At The Corner of 300 N. Mountain View Place & 2001 E. Wilshire Avenue. Inside Total 4,327 Sq.ft. Newer Paint. Newer Windows and Most of the Units have been Fully Renovated. All One Bedroom with One Bath, Monthly Rent ( $1,595 /$ 1,450 /$ 1,450 /$ 1,595 /$ 1,450 /$1,450 /$1,495) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $ 125,820, Annual Expense includes Property Tax, Insurance is Approx. $ 36,732. Annual Net Operating Income Approx. $ 89,088. Performa Annual Rental Income will be $ 137,820. Landlord Only Pays the Water/Trash /Laundry Gas/Gardener/Property Tax /Insurance. Separate On-Site Coin-Operated Laundromat For Addition Laundry Income. Detached 7 Enclosed Single-Car Garages on the Side which can be Rented $100 Per Month Additional for Extra Rental Income. School Across the Street. Short Distance to Cal State Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.Tenants with a " Month-To-Month "Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent. Great investment opportunity For The Investor to Keep as a Long Term Investment. *Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*
Property Type(s): Residential Income
Last Updated 9/6/2019 Tract Other (OTHR)
Year Built 1958 Community 83 - Fullerton
County Orange

Additional Details

AREA 83 - Fullerton
HOA DUES 0.00
LOT 8712 sq ft
LOT DESCRIPTION Corner Lot
POOL DESCRIPTION None
SEWER Public Sewer
SUBDIVISION Other (OTHR)
WATER Public

Location

 

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Listing provided by : Sheng Wang CalDRE: 01772547, Century 21 Care

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Based on information from California Regional Multiple Listing Service, Inc. as of 9/16/19 6:23 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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