NOT LISTED FOR SALE

1320 Peckham St Fullerton, CA 92833

7 Beds
6 Baths
5,136 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: December 6, 2019

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

40 Days on Market

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

  • 10,910 Sq Ft 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 in unit

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
0.0375%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 27, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
0.046%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
0.0385%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 12, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
0.0806%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 1996
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,825,000 Orange Coast Ttl Co Of Socal
-- Orange Coast Title Co Of Sou
$1,800,000 Orange Coast Title Of Southe
-- Fidelity National Title Co
-- --
-- Fidelity National Title Ins
-- Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,125,000
Closed $180,000
Closed $180,000
Closed $126,000
Closed $610,000
Closed $577,500
Closed $371,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19198569

California Regional Multiple Listing Service (CRMLS)
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