NOT LISTED FOR SALE

2024 E Commonwealth Ave Fullerton, CA 92831

7 Beds
4 Baths
3,231 Sq Ft
7,841 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $850,000 $263 Per Sq Ft

26 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • Troy High School Rated A+
  • 1 Car Garage
  • Wall Furnace

About This Home

As of April 2016

Perfect investment opportunity to own four units in the heart of Fullerton close to Cal State Fullerton, downtown Fullerton, and minutes away from Disneyland. NO RENT CONTROL. There 4 gas meters and 4 electric meters, one water meter, there is coin-op laundry room, one washer and one dryer machine, wall heaters and window A/Cs, two double car garages, one parking spot per unit, all units have a patio, Unit A has a gas fire place, all units have carpet, three of the units have been remodeled within the last 2 years, composition shingle roof, all tenants are on a month to month agreement.

Last Agent to Sell the Property

Anthony Esguerra

Ancris Enterprises, Inc. License #01227654 Listed on: 02/24/2016

Ancris Enterprises, Inc.

Last Buyer's Agent

Anthony Esguerra

Ancris Enterprises, Inc. License #01227654 Listed on: 02/24/2016

Ancris Enterprises, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,231 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 2008
  • Assessor Parcel Number 26901111

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $125
  • Insurance Expense $2,620
  • Trash Expense $1,074
  • Water Sewer Expense $827
  • New Taxes Expense $8,237
  • Gross Income $4,695
  • Net Operating Income $39,543

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 827.00
  • Property Type: Residential Income
  • Parcel Number: 26901111
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 263.08
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 1074.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Front Yard, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7841.00
  • Price Per Lot Square Foot: 108.40
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 805
  • Electric Expense: 125.00
  • Gross Income: 4695.00
  • Gross Scheduled Income: 56340.00
  • Insurance Expense: 2620.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 39543.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16797.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8237.00
  • Tax Lot: 3
  • Tax Tract Number: 2008

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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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
04/28/2016 04/28/16 Sold $850,000 0.0% $263 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $850,000 -- $263 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Anthony Esguerra

    Ancris Enterprises, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16038790

California Regional Multiple Listing Service (CRMLS)

APN: 269-011-11

California Orange County Fullerton 92831

2024 E Commonwealth Ave, Fullerton, CA

Not Listed for Sale

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