NOT LISTED FOR SALE

1007 S Tamarack Dr Fullerton, CA 92832

6 Beds
6 Baths
3,908 Sq Ft
7,405 Sq Ft Lot

Last Sold October 01, 2013

Last sale price $850,000 $218 Per Sq Ft

102 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Interior Steps
  • Fullerton Union High School Rated A-
  • Laundry Room
  • Parking Storage or Cabinetry

About This Home

As of October 2013

Gated and secure, 6 large 1BR units on quiet tree lined cul de sac. Well located close to shopping, transportation and restaurants. Stable, long term tenants, 20 years, etc.. Low rents provide an opportunity for future cash cow. 4 corner units are over 700 s.f., Garages have newer roll up garage doors and garage door openers, exterior doors to courtyard with motion sensor lights. Laundry machines are included. All units have ceiling fan lights, huge walk in closets, large living rooms, separate dining area, wall a/c's, wall heaters and refrigerators. New hot water heater. Sprinklers front and rear on timer. Ceramic water softener filtration system reduces hard water deposits on fixtures and plumbing for future reduction of maintenance/repairs. Well maintained.

Last Agent to Sell the Property

Doris Stephens

Step 1 Real Estate License #00385354 Listed on: 05/05/2013

Last Buyer's Agent

Doris Stephens

Step 1 Real Estate License #00385354 Listed on: 05/05/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Garage Door Opener

Home Design

  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 3,908 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • No Interior Steps
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 17
  • Tax Tract Number 3123
  • Assessor Parcel Number 07307216

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $540
  • Gardener Expense $600
  • Insurance Expense $2,900
  • Maintenance Expense $3,240
  • Trash Expense $445
  • Water Sewer Expense $2,340
  • New Taxes Expense $9,900
  • Gross Income $150
  • Net Operating Income $45,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • CapRate: 8.00
  • Inclusions: Washer and dryer, refrigerators, garage door openers
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2340.00
  • Zoning: Multi
  • Property Condition: Termite Clearance, Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 07307216
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Levels: Two
  • Price Per Square Foot: 217.50

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Built-In Storage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 445.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 69/x126
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 650
  • Electric Expense: 540.00
  • Gross Income: 150.00
  • Gross Multiplier: 12.00
  • Gross Scheduled Income: 68760.00
  • Gross Spendable Income: 45460.00
  • Insurance Expense: 2900.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 3240.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 45460.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 21925.00
  • Rent Control: No
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 9900.00
  • Tax Area: 3072
  • Taxes Percent: 1.00
  • Tax Lot: 17
  • Tax Tract Number: 3123
  • Tax Year: 2011

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $850,000 +0.6% $218 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
05/05/2013 05/05/13 For Sale $845,000 -- $216 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Doris Stephens

    Step 1 Real Estate

    (714) 612-1273

    Doris Stephens
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13082930

California Regional Multiple Listing Service (CRMLS)
California Orange County Fullerton 92832

1007 S Tamarack Dr, Fullerton, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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. 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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