NOT LISTED FOR SALE

1078 W West Ave Fullerton, CA 92833

1 Bed
1 Bath
7,616 Sq Ft
0.35 Acres

Last Sold December 06, 2016

Last sale price $3,087,000 $405 Per Sq Ft

45 Days on Market

About This Home

As of December 2016

The West Property is a well maintained, two parceled, 16 unit building in central Fullerton. With it’s recent updates including new stairs, guardrails, energy efficient exterior windows, A/C wall units, kitchens equipped with upgraded range hoods and cabinets, the property has attracted tenants to a place to call home. The complex also features eight double car garages, a laundry facility and a community area with a BBQ and gazebo for friend and family gatherings. In the heart of the college town with surrounding retail and restaurants, an astute investor will recognize the great opportunity of owning the West Property.

Last Agent to Sell the Property

Gary Tolfa

Triqor Group License #00955403 Listed on: 07/08/2016

Last Buyer's Agent

Steve Day

Day & Associates License #01200586

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 03136003

Parking

  • 16 Car Garage

Home Design

  • 7,616 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1595
  • Assessor Parcel Number 03136002

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • 16 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,952
  • Professional Management Expense $9,000
  • Trash Expense $2,468
  • Water Sewer Expense $6,984
  • New Taxes Expense $37,874
  • Gross Income $17,575
  • Net Operating Income $126,653

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

16

Listing Details

  • Price Per Unit: 200000
  • Professional Management Expense: 9000.00
  • Property Attached: No
  • Water Sewer Expenses: 6984.00
  • Property Type: Residential Income
  • Parcel Number: 03136002
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 405.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2468.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 03136003
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 15285.00
  • Price Per Lot Square Foot: 209.36

Multi Family

  • Average1 Bed Area: 476
  • Gross Income: 17575.00
  • Gross Scheduled Income: 210900.00
  • Insurance Expense: 3952.00
  • Net Operating Income: 126653.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 77920.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 37874.00
  • Tax Lot: 22
  • Tax Tract Number: 1595

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2016 12/06/16 Sold $3,087,000 -3.5% $405 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $3,200,000 -- $420 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gary Tolfa

    Seller's Agent in 2016

    Gary Tolfa

    Triqor Group

    (949) 756-3232

    1 in this area

    23 Total Sales

    Gary Tolfa
    Section Image
  • Steve Day

    Buyer's Agent in 2016

    Steve Day

    Day & Associates

    (562) 633-6313

    21 Total Sales

    Steve Day
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16148233

California Regional Multiple Listing Service (CRMLS)

California Orange County Fullerton 92833

1078 W West Ave, Fullerton, CA

This home is located at 1078 W West Ave, Fullerton, CA 92833 since 08 July 2016. This property was built in 1957. 1078 W West Ave is a home located in Orange County with nearby schools including Pacific Drive Elementary School, Nicolas Junior High School, and Fullerton Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes