NOT LISTED FOR SALE
8 Beds
6 Baths
4,085 Sq Ft
6,970 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $1,550,000 $379 Per Sq Ft

34 Days on Market

Highlights

  • Property is near public transit
  • Sunset Lane Elementary School Rated A-
  • Laundry Room

About This Home

As of January 2021

INVESTMENT OPPORTUNITY FOR 4-UNIT MULTI-FAMILY COMPLEX IN EXCELLENT SCHOOL DISTRICT AREA-SUNSET LANE, PARKS JR HIGH, AND SUNNY HILLS HIGH SCHOOL- IN THE CITY OF FULLERTON. COMPLEX HAS ONE-3 BEDROOMS+2 BATHS SINGLE STORY FRONT UNIT, 2 BEDROOMS+2 BATHS, 2 BEDROOMS+1 BATH AND ONE- 1 BEDROOM +1 BATH UNIT AND AN ON SITE LAUNDRY FACILITY, ATTACHED 6 PARKING SPACES AND MORE SPACES FOR EXTRA PARKING. QUIET NEIGHBORHOODS, CLOSE TO SHOPPING, MARKETS, PARKS, GOLF COURSES AND MORE.

Last Agent to Sell the Property

Alex Jang

New Star Realty & Investment License #01433083 Listed on: 11/06/2020

New Star Realty & Investment

Last Buyer's Agent

Alex Jang

New Star Realty & Investment License #01433083 Listed on: 11/06/2020

New Star Realty & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls

Parking

  • 6 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,085 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 5987
  • Assessor Parcel Number 28810121

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Fuel Expense $960
  • Insurance Expense $1,305
  • Trash Expense $800
  • Water Sewer Expense $2,000
  • New Taxes Expense $16,000
  • Operating Expense $21,305
  • Gross Income $600
  • Net Operating Income $61,495

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 28810121
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 379.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 240.00
  • Fuel Expense: 960.00
  • Gross Income: 600.00
  • Gross Scheduled Income: 82800.00
  • Insurance Expense: 1305.00
  • Laundry Income: 600.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 61495.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21305.00
  • Rent Control: No
  • Total Actual Rent: 6850.00
  • Total Expenses: 21305.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Census Tract: 17.04
  • Tax Lot: 6
  • Tax Tract Number: 5987

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
01/15/2021 01/15/21 Sold $1,550,000 -2.5% $379 / Sq Ft
12/11/2020 12/11/20 For Sale $1,590,000 +2.6% $389 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
11/21/2020 11/21/20 Off Market $1,550,000 -- --
11/06/2020 11/06/20 For Sale $1,590,000 -- $389 / 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: PW20234683

California Regional Multiple Listing Service (CRMLS)