NOT LISTED FOR SALE

1012 S Tamarack Dr Fullerton, CA 92832

6 Beds
1 Bath
3,908 Sq Ft
7,405 Sq Ft Lot

Last Sold July 11, 2016

Last sale price $1,097,300 $281 Per Sq Ft

63 Days on Market

About This Home

As of July 2016

Tamarack Drive Apartments is an investment property located in Fullerton, CA. Built in 1959, this pride of ownership property consists of six 1bed/1bath units with three 2-car garages. The property highlights include a pitched roof, an onsite laundry facility, and a large yard. The expenses are low, running at 35% of gross revenue. The property is located in a good rental market with walking distance to three of Fullerton's power/entertainment shopping centers. There is approximately 10% upside through rental growth.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 04/11/2016

Co-Listed By

Michael McHugh

CB Richard Ellis, Inc. License #01966130

Last Buyer's Agent

Steven Sakata

RE/MAX Galaxy License #01041875

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 6 Bedrooms
  • 3,908 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 073-072-20

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3908
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Price Per S Q F T: 294.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 122001
  • Assessed Land Value: 744982
  • Assessor Parcel Number: 073-072-20
  • Geocode Override: No
  • Lot Size Area: 7405

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.92
  • Number Of Units: 6
  • Type Of Units: Apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $1,097,300 -4.6% $281 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $1,150,000 +4.8% $294 / Sq Ft
04/29/2016 04/29/16 Off Market $1,097,300 -- --
04/29/2016 04/29/16 For Sale $1,150,000 +4.8% $294 / Sq Ft
04/19/2016 04/19/16 Off Market $1,097,300 -- --
04/11/2016 04/11/16 For Sale $1,150,000 -- $294 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,920 $1,273,507 $870,208 $403,299
2024 $14,920 $1,248,537 $853,145 $395,392
2023 $14,552 $1,224,056 $836,416 $387,640
2022 $14,439 $1,200,055 $820,015 $380,040
2021 $14,193 $1,176,525 $803,936 $372,589
2020 $14,112 $1,164,462 $795,693 $368,769
2019 $13,763 $1,141,630 $780,091 $361,539
2018 $13,558 $1,119,246 $764,796 $354,450
2017 $13,336 $1,097,300 $749,800 $347,500
2016 $10,947 $880,204 $756,343 $123,861
2015 $10,651 $866,983 $744,982 $122,001
2014 $10,351 $850,000 $730,388 $119,612
Source: Public Records

Agents Affiliated with this Home

  • Daniel Blackwell

    Seller's Agent in 2016

    Daniel Blackwell

    CB Richard Ellis, Inc.

    (949) 423-6111

    51 Total Sales

    Daniel Blackwell
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michael McHugh

    CB Richard Ellis, Inc.

  • Steven Sakata

    Buyer's Agent in 2016

    Steven Sakata

    RE/MAX Galaxy

    (626) 255-9123

    53 Total Sales

    Steven Sakata
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-114306

The MLS
California Orange County Fullerton 92832

1012 S Tamarack Dr, Fullerton, CA

Not Listed for Sale

MultiFamily

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