Seller's Agent in 2020
Jay Skenderian
Morgan Skenderian
(949) 251-8800
18 Total Sales
1321 S Vine Ave Fullerton, CA 92833
3
Beds
2
Baths
56,028
Sq Ft
2.16
Acres
Highlights
- Private Pool
- 2.16 Acre Lot
- Laundry Room
About This Home
As of January 2020The Vine Fullerton Apartment Homes is a 98 unit investment opportunity in the desirable city of Fullerton. The Vine Fullerton Apartments is a very
well maintained property situated on 2.55 acres with meandering sidewalks through beautifully landscaped grounds with an inviting swimming pool, fitness center, and laundry facility. The unit mix consists primarily of efficient one bedroom units, many of which have large patios.
The Vine Fullerton Apartments have been recently renovated on the interior as well as the exterior. Interior renovations for a number of units include new flooring, paint, counter tops, appliances, upgraded electrical and plumbing. Exterior renovations include new windows, leasing office, fitness center, laundry room, pool furniture, railing, gates, stairs, signage, upgraded landscape, and a new camera security system.
Although there has been a significant amount of work done to the property, there still remains many upgrades that can be done to the exterior as well as the interior of the units. Rebranding the asset with a total renovation upgrade package to the interiors to include new kitchen cabinets, granite counter tops, new appliances, and hard surface flooring along with integrating a full RUBS program to the property will give a new owner significant amount of upside in income while lower operational expenses.
Last Agent to Sell the Property
Morgan Skenderian License #01220368 Listed on: 09/16/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 2.16 Acre Lot
- 1 Common Wall
- 07105181
Parking
- 37 Open Parking Spaces
- 85 Car Garage
- 63 Carport Spaces
Home Design
- Property Attached
Interior Spaces
- 56,028 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Outdoor Features
- Private Pool
- Rain Gutters
Listing and Financial Details
- Assessor Parcel Number 07105182
Community Details
Overview
- 2 Buildings
- 98 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $18,532
- New Taxes Expense $265,100
- Operating Expense $715,241
- Gross Income $1,697,970
- Net Operating Income $982,729
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
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/21/2020 01/21/20 | Sold | $21,675,000 | -11.5% | $387 / Sq Ft |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | For Sale | $24,500,000 | -- | $437 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19220903
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.
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
- 1600 Picadilly Way
- 2624 W Cherry Ave
- 6921 Cottonwood Ln
- 2540 W Picadilly Way
- 6983 Alderwood Ave
- 6926 Cottonwood Ln
- 2410 W Orangethorpe Ave Unit 4
- 2410 W Orangethorpe Ave Unit 5
- 2380 W Orangethorpe Ave Unit 14
- 3502 W Flower Ave
- 3641 W Oak Ave
- 1339 N Devonshire Rd
- 2404 W Oak Ave
- 3750 Franklin Ave
- 1360 N Ferndale St
- 2304 W Flower Ave
- 2148 W Houston Ave
- 1435 N Stoneyhaven Ln
- 4231 W Hill Ave
- 2142 W Houston Ave
- 1321 S Vine Ave Unit 72
- 1321 S Vine Ave Unit 35A
- 1321 S Vine Ave Unit 4A
- 1321 S Vine Ave Unit 24A
- 1321 S Vine Ave Unit 88A
- 1321 S Vine Ave Unit A
- 2634 W Orangethorpe Ave
- 2742 W Orangethorpe Ave
- 2736 W Orangethorpe Ave
- 2616 W Orangethorpe Ave Unit 25
- 2616 W Orangethorpe Ave Unit 38
- 2616 W Orangethorpe Ave Unit 40
- 2616 W Orangethorpe Ave Unit 4
- 2616 W Orangethorpe Ave Unit 10
- 2616 W Orangethorpe Ave
- 2616 W Orangethorpe Ave Unit 34
- 2616 W Orangethorpe Ave Unit 8
- 2616 W Orangethorpe Ave Unit 48
- 2616 W Orangethorpe Ave Unit 21
- 2616 W Orangethorpe Ave Unit 27