NOT LISTED FOR SALE

2024 E Chapman Ave Fullerton, CA 92831

10 Beds
6 Baths
4,192 Sq Ft
9,583 Sq Ft Lot

Last Sold January 13, 2019

Last sale price $1,100,000 $262 Per Sq Ft

4 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Air
  • Troy High School Rated A+
  • Laundry Room

About This Home

As of January 2019

Great opportunity for an owner or seasoned investor to purchase a 4-plex in Fullerton; . This property has (2) three bed/ two bath units and (2) two bed/ one bath units. The 4-plex is 4,335 square feet and has has a grassy private courtyard.The property sits on 9,496 square foot lot and the landscaping has recently been refurbished. The tenants enjoy garage parking,each have an onsite laundry facilities, private patios, and a large balcony (2nd story unit only). The 4-plex is within close walking distance to Fullerton College .4 mile away...Shopping Center and schools are within walking distance making it a desirable location.

Last Agent to Sell the Property

Frank Hogstrom

TheAgents License #01110923 Listed on: 12/02/2018

Last Buyer's Agent

Tam Pham

Professional R.E. Center, Inc. License #01415084

Professional R.E. Center, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Private Yard
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,192 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2807
  • Assessor Parcel Number 26909205

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $4,553
  • Trash Expense $274
  • Operating Expense $48,410
  • Gross Income $67,150
  • Net Operating Income $48,410

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Chapman Villas (CHPV)
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 26909205
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 262.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 274.39
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lot 6500-9999, Sprinkler System, Yard
  • Lot Size Sq Ft: 9583.00
  • Lot Size Acres: 0.2200

Multi Family

  • Gross Income: 67150.00
  • Gross Scheduled Income: 67150.00
  • Insurance Expense: 4553.00
  • Lot Size Area: 9583.0000 Square Feet
  • Net Operating Income: 48409.60
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18740.00
  • Rent Control: No
  • Total Actual Rent: 6250.00
  • Total Expenses: 48409.60

Tax Info

  • Tax Census Tract: 115.02
  • Tax Lot: 5
  • Tax Tract Number: 2807

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 List to Sale Price per Sq Ft
01/13/2019 01/13/19 Sold $1,100,000 -15.1% $262 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/02/2018 12/02/18 For Sale $1,295,000 -- $309 / 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: SR18283421

California Regional Multiple Listing Service (CRMLS)

APN: 269-092-05