Seller's Agent in 2018
Leland Wilson
Horizons Realty Group
(714) 504-3862
29 Total Sales
145 W Whiting Ave Fullerton, CA 92832
Downtown Fullerton Neighborhood
5
Beds
6
Baths
4,200
Sq Ft
8,800
Sq Ft Lot
Highlights
- Laundry Room
- Zoned Heating and Cooling
- Level Lot
- Golden Hill Elementary School Rated A-
- Wood Fence
- 5-minute walk to Plaza Park
About This Home
As of April 2018Rare Mixed Use Investment opportunity in Downtown Fullerton Located near the corner of Chapman and Harbor. Commercial Portion fronts Whiting with parking and access from Chapman. The residential access is primarily from Chapman Side. Parking lot is located on North side and stall count depends on how it's arranged. Residential units consists of a cottage at ground level, a studio and large apartment both upstairs. Owners brought the Commercial portion of the property up to ADA standards and invested appx $200k in upgrades to the commercial portion including 400AMP electric, new front windows, drainage, sound proof walls, doors, zoned AC, air cleaning system, new condenser and coil and refrigerant and mostly all new sewer lines. Cottage unit was re-plumbed. Great opportunity to live on-site and rent out the other units. Potential for bigger development. Zoning allows for 60 DU per acre subject to setbacks, parking and open space requirements etc. Combine parcels. Architect will need to consider code requirements and put a proposal together for city to review.
Last Agent to Sell the Property
Horizons Realty Group License #01006544 Listed on: 01/23/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,000
Year Built
- Built in 1956
Lot Details
- 8,800 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Chain Link Fence
- Level Lot
- 03222227
Home Design
- Property Attached
- Rolled or Hot Mop Roof
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 4,200 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Zoned Heating and Cooling
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 276
- Assessor Parcel Number 03222224
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $1,500
- Insurance Expense $2,000
- Maintenance Expense $1,500
- Trash Expense $1,500
- Water Sewer Expense $2,500
- New Taxes Expense $13,200
- Operating Expense $22,200
- Gross Income $80,400
- Net Operating Income $53,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2018
Closed on
Apr 6, 2018
Sold by
Zieg Kenneth and Zieg Lindell
Bought by
145 W Whiting Llc
Seller's Agent
Leland Wilson
Horizons Realty Group
Buyer's Agent
Leland Wilson
Horizons Realty Group
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$464,391
Interest Rate
4.44%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 2005
Sold by
Hacker Kumja Kwon Mcqueen
Bought by
Zieg Kenneth and Zieg Lindell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.72%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 3, 2005
Sold by
Hacker Kumja Kwon Mcqueen
Bought by
Hacker George Edwin and Hacker Kumja Kwon Mcqueen
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 145 W Whiting Llc | $1,050,000 | Chicago Title Co | |
| Zieg Kenneth | $1,000,000 | Southland Title Corporation | |
| Hacker George Edwin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 145 W Whiting Llc | $540,000 | |
| Previous Owner | Zieg Kenneth | $725,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2018 04/30/18 | Sold | $1,050,000 | -12.5% | $250 / Sq Ft |
| 03/27/2018 03/27/18 | Pending | -- | -- | -- |
| 01/23/2018 01/23/18 | For Sale | $1,200,000 | -- | $286 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,768 | $739,587 | $341,349 | $398,238 |
| 2024 | $8,768 | $725,086 | $334,656 | $390,430 |
| 2023 | $8,551 | $710,869 | $328,094 | $382,775 |
| 2022 | $8,482 | $696,931 | $321,661 | $375,270 |
| 2021 | $8,339 | $683,266 | $315,354 | $367,912 |
| 2020 | $8,290 | $676,260 | $312,120 | $364,140 |
| 2019 | $8,088 | $663,000 | $306,000 | $357,000 |
| 2018 | $11,539 | $980,050 | $189,886 | $790,164 |
| 2017 | $11,350 | $960,834 | $186,163 | $774,671 |
| 2016 | $11,117 | $941,995 | $182,513 | $759,482 |
| 2015 | $10,812 | $927,846 | $179,772 | $748,074 |
| 2014 | $10,504 | $909,671 | $176,250 | $733,421 |
Source: Public Records
Agents Affiliated with this Home
-
Leland Wilson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18016621
APN: 032-222-24
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