131 N Montague Ave Fullerton, CA 92831
4
Beds
3
Baths
2,490
Sq Ft
7,405
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Troy High School Rated A+
About This Home
As of July 2025We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullerton’s premier rental market. Ideally situated just over a mile from Cal State Fullerton, Downtown Fullerton, the Fullerton Train Station, and Fullerton College, this property benefits from strong rental demand.
The Montague Drive Apartments feature highly desirable and rarely available single-story construction, with each unit offering a private yard, garage parking, and washer/dryer hookups. Exceptionally maintained over the years, the property boasts restored original hardwood floors, upgraded tile flooring in kitchens and bathrooms, newer windows, and fresh exterior paint—enhancing its curb appeal on a street lined with single-family homes. The building consists of two, 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit all with long term tenants in place.
Since 2021 this property has received several internal upgrades including all new waste/sewer lines, a new Electrical main panel and 3 breaker boxes, new garage doors a full termite treatment including tenting and more.
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 714-801-4576 License #01413602 Listed on: 03/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Open Parking Space
- 4 Car Garage
Home Design
- Triplex
Interior Spaces
- 2,490 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Listing and Financial Details
- Tax Lot 37
- Tax Tract Number 2336
- Assessor Parcel Number 03339603
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $840
- Insurance Expense $1,360
- Pest Control $360
- Trash Expense $400
- Water Sewer Expense $2,600
- Operating Expense $18,295
- Gross Income $66,600
- Net Operating Income $48,305
Similar Home in Fullerton, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | Sold | $1,325,000 | -5.4% | $532 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | Price Changed | $1,399,900 | -5.9% | $562 / Sq Ft |
| 03/01/2025 03/01/25 | For Sale | $1,488,000 | +38.4% | $598 / Sq Ft |
| 04/26/2021 04/26/21 | Sold | $1,075,000 | -2.3% | $432 / Sq Ft |
| 04/08/2021 04/08/21 | For Sale | $1,100,000 | 0.0% | $442 / Sq Ft |
| 04/01/2021 04/01/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $1,100,000 | -- | $442 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Clayton Kilbarger
First Team Real Estate
(714) 998-7250
3 in this area
112 Total Sales
-
Buyer's Agent in 2025
Bobby Rai
Omni Realty & Investments
(909) 437-4587
1 in this area
21 Total Sales
-
Seller's Agent in 2021
Doug Rodermund
Morgan Skenderian
(949) 295-8560
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25042721
APN: 033-396-03
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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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