NOT LISTED FOR SALE

1320 Peckham St Fullerton, CA 92833

7 Beds
6 Baths
5,136 Sq Ft
10,912 Sq Ft Lot

Last Sold December 06, 2019

Last sale price $1,815,000 $353 Per Sq Ft

40 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Central Heating

About This Home

As of December 2019

Built in 1986 (per title), this rare investment opportunity is found in the highly desirable Fullerton sub-market in North Orange County. It consists of five (5), two-bedroom, two-bathroom units and a single (1) three-bedroom, two-bathroom unit. There are five (5) two-car garages available for the tenants, and all the units have washer/dryer hook ups, with select units having balcony and patio spaces as well. These amenities make this property an ideal destination for prospective tenants and an excellent investment opportunity that will command strong rental income and cash flow for years to come.

Last Agent to Sell the Property

Brett Bayless

Brett Bayless, Broker License #01718244 Listed on: 08/19/2019

Last Buyer's Agent

Pat Swanson

Pat Swanson License #01382974

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 3 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,136 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Tract Number 1802
  • Assessor Parcel Number 07147106

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $712
  • Insurance Expense $2,311
  • Water Sewer Expense $4,100
  • New Taxes Expense $20,505
  • Operating Expense $37,387
  • Gross Income $130,026
  • Net Operating Income $92,639

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.25 Acres

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Via Valencia (VIAV)
  • Water Sewer Expenses: 4100.00
  • Property Type: Residential Income
  • Parcel Number: 07147106
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 353.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 10910.00
  • Lot Size Acres: 0.2505

Multi Family

  • Electric Expense: 712.00
  • Gross Income: 130026.00
  • Gross Scheduled Income: 133800.00
  • Insurance Expense: 2311.00
  • Lot Size Area: 10910.0000 Square Feet
  • Net Operating Income: 92639.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 37387.00
  • Rent Control: No
  • Total Expenses: 37387.00

Tax Info

  • New Taxes Expense: 20505.00
  • Tax Census Tract: 18.02
  • Tax Tract Number: 1802
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

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $1,815,000 -4.2% $353 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $1,895,000 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $22,473 $1,995,903 $1,614,223 $381,680
2024 $22,473 $1,956,768 $1,582,571 $374,197
2023 $21,929 $1,918,400 $1,551,540 $366,860
2022 $21,778 $1,880,785 $1,521,118 $359,667
2021 $21,403 $1,843,907 $1,491,292 $352,615
2020 $21,285 $1,825,000 $1,476,000 $349,000
2019 $21,242 $1,836,000 $1,122,000 $714,000
2018 $7,473 $556,814 $123,348 $433,466
2017 $7,352 $545,897 $120,930 $424,967
2016 $7,209 $535,194 $118,559 $416,635
2015 $7,021 $527,155 $116,778 $410,377
2014 $6,827 $516,829 $114,490 $402,339
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19198569

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.