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

Sale Details

Date Sold: July 22, 2024

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

100 Days on Market

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
  • Entry on the 1st floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • 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

9,583 Sq Ft Lot

Parking

5

Listing Details

  • 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
  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jul 10, 2024
Sold by
Bought by
Seller's Agent
Jason Kirklen
Kirklen Investment Group
Buyer's Agent
Maximillian Ortiz
Corona Homes Realty
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,135,000
Interest Rate
0.0699%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
Seller's Agent
Randy Combs
Keller Williams Realty Irvine
Buyer's Agent
Jason Kirklen
Kirklen Investment Group
List Price
$1,750,000
Sold Price
$1,750,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.22%
Original Mortgage
$1,400,000
Interest Rate
0.0566%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,600,000 First American Title
$1,750,000 First American Title
$502,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,135,000
Previous Owner $1,331,000
Previous Owner $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
07/08/2022 07/08/22 For Sale $1,750,000 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $29,695 $2,600,000 $2,424,384 $175,616
2024 $20,178 $1,766,368 $1,599,915 $166,453
2023 $19,885 $1,750,000 $1,568,544 $181,456
2022 $8,788 $698,824 $517,368 $181,456
2021 $8,640 $685,122 $507,223 $177,899
2020 $8,588 $678,097 $502,022 $176,075
2019 $8,385 $664,801 $492,178 $172,623
2018 $8,262 $651,766 $482,527 $169,239
2017 $8,127 $638,987 $473,066 $165,921
2016 $7,966 $626,458 $463,790 $162,668
2015 $7,753 $617,049 $456,824 $160,225
2014 $7,535 $604,962 $447,875 $157,087
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)
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