NOT LISTED FOR SALE
3 Beds
2 Baths
4,041 Sq Ft
9,583 Sq Ft Lot

Last Sold July 22, 2024

Last sale price $2,600,000 $643 Per Sq Ft

100 Days on Market

Highlights

  • Laundry Room
  • Golden Hill Elementary School Rated A-
  • 1-Story Property

About This Home

As of July 2024

This five (5) unit apartment building is located at 1808 Cristine Place in Fullerton, CA. The property benefits from its excellent unit mix of eighty percent (80%) two-bedroom units. The building sits on a cul-de-sac lot with only four other buildings in a sparse rental housing market. Current ownership has spent $375,000 on renovations.

Located in the heart of the highly sought-after Sunny Hills subset of Fullerton, this building is steps away from upscale retail shops, dining experiences, St. Jude Hospital, Fullerton Tennis Club and the YMCA. This is considered an A+ location in Fullerton which attracts a tenant profile that prefers a cozy home that has institutional amenities without institutional treatment.

Last Agent to Sell the Property

Jason Kirklen

Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 02/22/2024

Last Buyer's Agent

Maximillian Ortiz

Corona Homes Realty License #01316854

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 9,583 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 4,041 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1768
  • Assessor Parcel Number 02833022
  • $3,336 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $639
  • Fuel Expense $3,349
  • Insurance Expense $3,996
  • Trash Expense $2,104
  • Water Sewer Expense $1,489
  • Operating Expense $50,781
  • Gross Income $3,000
  • Net Operating Income $119,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 539800
  • Property Attached: Yes
  • Water Sewer Expenses: 1489.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 02833022
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 643.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 2104.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200
  • Latitude Manual: 33.89200800

Multi Family

  • Electric Expense: 639.00
  • Fuel Expense: 3349.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 172200.00
  • Insurance Expense: 3996.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 119253.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 50781.00
  • Rent Control: Yes
  • Total Expenses: 50781.00

Tax Info

  • Tax Census Tract: 16.03
  • Tax Lot: 12
  • Tax Tract Number: 1768
  • TaxOtherAnnualAssessmentAmount: 3336.00

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
07/22/2024 07/22/24 Sold $2,600,000 -3.7% $643 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $2,699,000 -1.9% $668 / Sq Ft
02/22/2024 02/22/24 For Sale $2,750,000 +57.1% $681 / Sq Ft
10/17/2022 10/17/22 Sold $1,750,000 0.0% $375 / Sq Ft
07/08/2022 07/08/22 For Sale $1,750,000 -- $375 / 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: OC24036348

California Regional Multiple Listing Service (CRMLS)