$1,495,000
SOLD SEP 27, 2017
9 Beds
8 Baths
4,996 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$299 Per Sq Ft

17 Days on Market

Highlights

  • No HOA
  • Balcony
  • Central Heating
  • Fullerton Union High School Rated A
  • Laundry Room
  • Ceiling Fan

About This Home

As of October 2020

Fullerton 4-plex in highly desirable East Fullerton location! These buildings seldom come on the market. Location is close to Cal State Fullerton, Brea Mall, 57 fwy, Coyote Hills Golf course, schools, restaurants, shopping and more. The large nearly 5,000 sq. ft. building has one 3 bedroom /2 bathroom unit with fireplace and 2 patios, and three – 2bed/2 bath units – all floor plans are very spacious. Each unit has a 2 car tandem garage in addition to the 5 marked uncovered spaces for the building. The building roof was replaced in 2016. All units have updated flooring and paint. Coin operated Laundry facility is on-site. Owner and tenants have both been in place long term, so rents are currently below fair-market value. Please do not disturb tenants, drive-by only.

Last Agent to Sell the Property

Jenna Whitehead

Compass Property Mgmt Corp License #01981396 Listed on: 07/24/2017

Compass Property Mgmt Corp

Last Buyer's Agent

Mike Padhya

Statewide Realty, Inc. License #01876767

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 8 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Tandem Garage
  • Assigned Parking
  • Unassigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,996 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Balcony
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 3
  • Tax Tract Number 6140
  • Assessor Parcel Number 28404128

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $384
  • Fuel Expense $1,020
  • Gardener Expense $1,140
  • Insurance Expense $1,700
  • Trash Expense $480
  • Water Sewer Expense $2,280
  • New Taxes Expense $15,751
  • Operating Expense $22,755
  • Gross Income $69,700
  • Net Operating Income $56,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2280.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1140.00
  • Parcel Number: 28404128
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 299.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned, Uncovered, Garage, Tandem Garage
  • Total Parking Spaces: 13.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1150 Square Feet
  • Average3 Bed Area: 1550 Square Feet
  • Electric Expense: 384.00
  • Fuel Expense: 1020.00
  • Gross Income: 69700.00
  • Gross Scheduled Income: 69600.00
  • Insurance Expense: 1700.00
  • Laundry Income: 100.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 56900.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Operating Expense: 12700.00
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 22755.00

Tax Info

  • New Taxes Expense: 15751.00
  • Tax Census Tract: 15.05
  • Tax Lot: 3
  • Tax Tract Number: 6140

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Range of Values:

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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 Change Sq Ft Price
02/24/2023 02/24/23 Rented $2,650 0.0% --
02/22/2023 02/22/23 Under Contract -- -- --
02/17/2023 02/17/23 For Rent $2,650 0.0% --
10/26/2020 10/26/20 Sold $1,765,000 -4.6% $353 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $1,850,000 +23.7% $370 / Sq Ft
09/27/2017 09/27/17 Sold $1,495,000 0.0% $299 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $1,495,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17168361

California Regional Multiple Listing Service (CRMLS)

APN: 284-041-28