NOT LISTED FOR SALE

1400 Peckham St Fullerton, CA 92833

5 Beds
5 Baths
17,330 Sq Ft
27,652 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $5,000,000 $289 Per Sq Ft

25 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Landscaped

About This Home

As of June 2018

Mayflower Townhome Apartments is a 17-unit multifamily investment property located in Fullerton, one of the premiere housing markets in Southern California. Situated on a 0.63-acre lot, the 17,330 square foot property consists of one-bedroom and two-bedroom floor plans. Mayflower Townhome Apartments offers an attractive range of amenities including a sparkling swimming pool and spa, patios and balconies, and ample garage parking.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 03/01/2018

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 03/01/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.63 Acre Lot
  • No Common Walls
  • Landscaped

Parking

  • 32 Car Garage

Home Design

  • 17,330 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1802
  • Assessor Parcel Number 07147165

Community Details

Overview

  • 3 Buildings
  • 17 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 17 Leased Units
  • 17 Separate Electric Meters
  • 17 Separate Gas Meters
  • Electric Expense $4,813
  • Fuel Expense $4,813
  • Insurance Expense $3,825
  • Maintenance Expense $8,500
  • Other Expense $12,325
  • Professional Management Expense $12,975
  • Trash Expense $4,813
  • Water Sewer Expense $4,813
  • New Taxes Expense $60,409
  • Operating Expense $125,687
  • Gross Income $334,380
  • Net Operating Income $198,698

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0.63 Acres

Parking

32

Listing Details

  • Professional Management Expense: 12975.00
  • Property Attached: No
  • Subdivision Name Other: RANCHO LOS COYOTES
  • Water Sewer Expenses: 4813.00
  • Property Type: Residential Income
  • Parcel Number: 07147165
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 288.52

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 32.00
  • Total Parking Spaces: 32.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 4813.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 27652.00

Multi Family

  • Electric Expense: 4813.00
  • Fuel Expense: 4813.00
  • Gross Income: 334380.00
  • Gross Operating Income: 324385.00
  • Gross Scheduled Income: 334380.00
  • Insurance Expense: 3825.00
  • Maintenance Expense: 8500.00
  • Net Operating Income: 198698.00
  • Number Of Separate Electric Meters: 17
  • Number Of Separate Gas Meters: 17
  • Number Of Units Leased: 17
  • Number Of Units Total: 17
  • Operating Expense: 125687.00
  • Other Expense: 12325.00
  • Rent Control: No
  • Total Actual Rent: 27765.00
  • Total Expenses: 125687.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 60409.00
  • Tax Census Tract: 18.02
  • Tax Lot: 4
  • Tax Tract Number: 001802
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 Prior Sale
06/08/2018 06/08/18 Sold $5,000,000 -3.8% $289 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $5,200,000 +40.5% $300 / Sq Ft
04/30/2015 04/30/15 Sold $3,700,000 -6.9% $214 / Sq Ft View Prior Sale
02/02/2015 02/02/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $3,975,000 -- $229 / 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 $64,004 $5,689,144 $3,413,487 $2,275,657
2024 $64,004 $5,577,593 $3,346,556 $2,231,037
2023 $62,453 $5,468,229 $3,280,937 $2,187,292
2022 $62,024 $5,361,009 $3,216,605 $2,144,404
2021 $60,955 $5,255,892 $3,153,535 $2,102,357
2020 $60,579 $5,202,000 $3,121,200 $2,080,800
2019 $59,020 $5,100,000 $3,060,000 $2,040,000
2018 $53,259 $4,549,200 $3,511,381 $1,037,819
2017 $45,562 $3,831,553 $2,226,444 $1,605,109
2016 $44,629 $3,756,425 $2,182,788 $1,573,637
2015 $22,226 $1,717,671 $494,843 $1,222,828
2014 -- $1,684,025 $485,150 $1,198,875
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: OC18047663

California Regional Multiple Listing Service (CRMLS)

APN: 071-471-65

Your Personal Tour Guide

Ask me questions while you tour the home.