NOT LISTED FOR SALE

2108 Teri Place Fullerton, CA 92831

Cal State Fullerton Neighborhood
10 Beds
-- Bath
4,692 Sq Ft
7,405 Sq Ft Lot

Last Sold June 08, 2016

Last sale price $1,187,500 $253 Per Sq Ft

21 Days on Market

About This Home

As of June 2016

Teri Place Apartments is an investment property located in Fullerton, CA. Built in 1964, this pride of ownership property consists of two 2bed/1bath units and two 3bed/1.5bath units with six single car garages. The property highlights include small private yards in every unit, a pitched roof, and an onsite laundry facility. The expenses are low, running at 33% of gross revenue. The property is located in a good rental market of northeast Fullerton with walking distance to California State University Fullerton. There is approximately 27% upside through rental growth.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 04/11/2016

Last Buyer's Agent

Jeff Louks

Marcus & Millichap License #00908473

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 10 Bedrooms
  • 4,692 Sq Ft Home
  • 2-Story Property

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 337-093-03

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4692
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Price Per S Q F T: 266.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 200882
  • Assessed Land Value: 221300
  • Assessor Parcel Number: 337-093-03
  • Geocode Override: No
  • Lot Size Area: 7405

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.72
  • Number Of Units: 4
  • Type Of Units: Apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
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
06/08/2016 06/08/16 Sold $1,187,500 -5.0% $253 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $1,250,000 -- $266 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $15,929 $1,420,552 $1,218,653 $201,899
2024 $15,929 $1,392,699 $1,194,758 $197,941
2023 $15,544 $1,365,392 $1,171,332 $194,060
2022 $15,439 $1,338,620 $1,148,365 $190,255
2021 $15,173 $1,312,373 $1,125,848 $186,525
2020 $15,089 $1,298,917 $1,114,304 $184,613
2019 $14,700 $1,273,449 $1,092,455 $180,994
2018 $14,480 $1,248,480 $1,071,034 $177,446
2017 $14,240 $1,224,000 $1,050,033 $173,967
2016 $5,590 $428,620 $224,675 $203,945
2015 $5,442 $422,182 $221,300 $200,882
2014 $5,291 $413,913 $216,966 $196,947
Source: Public Records

Agents Affiliated with this Home

  • Daniel Blackwell

    Seller's Agent in 2016

    Daniel Blackwell

    CB Richard Ellis, Inc.

    (949) 423-6111

    1 in this area

    51 Total Sales

    Daniel Blackwell
    Section Image
  • Jeff Louks

    Buyer's Agent in 2016

    Jeff Louks

    Marcus & Millichap

    (818) 212-2700

    67 Total Sales

    Jeff Louks
    Section Image
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Map

Source: The MLS

MLS Number: 16-115134

The MLS

APN: 337-093-03

California Orange County Fullerton 92831 Cal State Fullerton

2108 Teri Place, Fullerton, CA

Not Listed for Sale

MultiFamily

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