$1,100,000
SOLD NOV 20, 2019
8 Beds
4 Baths
3,653 Sq Ft
7,523 Sq Ft Lot

Recently Sold

$301 Per Sq Ft

8% Below List Price

162 Days on Market

Highlights

  • Cul-De-Sac
  • 2 Detached Carport Spaces
  • 1 Car Garage
  • Laundry Room
  • Garden
  • Wall Furnace

About This Home

As of November 2019

PRICE REDUCED!!! Pride of ownership! 4 unit multifamily investment property located in the city of Fullerton, one of the strongest rental markets in Orange County. 1600 Picadilly Way is situated on a .173-acre lot, the 3,653 square feet property consists of four spacious two-bedroom units. Located close to downtown Fullerton, City of Anaheim, City of Buena Park and both 5 & 91 Freeways, this sought after apartment is the central hub of Orange County and is ideal for all types of renters! This location has historically produced extremely high tenant demand for stable occupancy.

Last Agent to Sell the Property

James Kim

Circa Properties, Inc. License #01967073 Listed on: 05/10/2019

Circa Properties, Inc.

Last Buyer's Agent

Wilfredo Paguio

CSB REALTY License #01966797

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,523 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Sprinkler System
  • Garden
  • Front Yard

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • 3,653 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5071
  • Assessor Parcel Number 07135132

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,464
  • Fuel Expense $720
  • Insurance Expense $1,584
  • Trash Expense $504
  • Water Sewer Expense $2,364
  • New Taxes Expense $13,700
  • Operating Expense $20,336
  • Gross Income $80,400
  • Net Operating Income $62,856

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 2364.00
  • Property Type: Residential Income
  • Parcel Number: 07135132
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 301.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Covered, Driveway, Driveway - Combination, Paved, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 504.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7523.00
  • Lot Size Acres: 0.1727
  • Latitude Manual: 33.85602700

Multi Family

  • Average2 Bed Area: 936 Square Feet
  • Electric Expense: 1464.00
  • Fuel Expense: 720.00
  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 1584.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 7523.0000 Square Feet
  • Net Operating Income: 62856.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Operating Expense: 17544.00
  • Rent Control: No
  • Total Actual Rent: 6600.00
  • Total Expenses: 20336.00

Tax Info

  • New Taxes Expense: 13700.00
  • Tax Census Tract: 867.01
  • Tax Lot: 7
  • Tax Tract Number: 5071

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $1,399,000 -6.0% --
06/10/2025 06/10/25 For Sale $1,488,000 +35.3% --
11/20/2019 11/20/19 Sold $1,100,000 -4.3% $301 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $1,149,900 -4.2% $315 / Sq Ft
05/10/2019 05/10/19 For Sale $1,200,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19107411

California Regional Multiple Listing Service (CRMLS)

APN: 071-351-39