$1,995,000
$205K PRICE DROP
Total Views 39,545
7 Beds
5 Baths
4,303 Sq Ft
$464 Price per Sq Ft

About This Home

the opportunity to acquire 2625 Andover Avenue, a 4-unit multifamily investment property located in the city of Fullerton. Built in 1964, the subject property offers an attractive mix of one (1) Two-Bedroom/1-Bathroom Unit, two (2) Two-Bedroom/1.5-Bathroom Units, and one (1) Three-Bedroom/2-Bathroom Unit. Each unit is separately metered for Gas and Electricity, sprawls over 1,000 square feet of living space, offers a private patio or balcony and a garage parking space. Additionally, the subject property has an on-site laundry room generating additional income. 2625 Andover Avenue is perfectly located in a quiet, well-manicured neighborhood that is only a few minute walk from California State University Fullerton. The bright and mature landscape in the neighborhood offers a peaceful and serene living space for the residents. The subject property is also conveniently located just off the 57 Freeway which offers quick access to the greater Orange County and Los Angeles County areas. Just a few minute drive from the subject property are a handful of parks and shopping centers that will cater to the entire variety of the resident’s needs.

Listing Agent

Jason Kirklen

Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,210 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,303 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4759
  • Assessor Parcel Number 33709105
  • $1,075 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $707
  • Fuel Expense $1,916
  • Gardener Expense $1,200
  • Insurance Expense $4,862
  • Maintenance Expense $2,804
  • Pest Control $812
  • Trash Expense $1,056
  • Water Sewer Expense $2,102
  • New Taxes Expense $22,353
  • Operating Expense $38,313
  • Gross Income $117,596
  • Net Operating Income $79,283

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,210 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2102.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 33709105
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 463.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 812.00
  • Sewer: Public Sewer
  • Trash Expense: 1056.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7210.00
  • Lot Size Acres: 0.1655

Multi Family

  • Electric Expense: 707.00
  • Fuel Expense: 1916.00
  • Gross Income: 117596.00
  • Gross Operating Income: 117596.00
  • Gross Scheduled Income: 120120.00
  • Insurance Expense: 4862.00
  • Laundry Income: 90.00
  • Lot Size Area: 7210.0000 Square Feet
  • Maintenance Expense: 2804.00
  • Net Operating Income: 79283.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 38313.00
  • Other Income Description: Included in Gross Operating In
  • Rent Control: No
  • Total Expenses: 38313.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22353.00
  • Tax Census Tract: 117.08
  • Tax Lot: 19
  • Tax Tract Number: 4759
  • TaxOtherAnnualAssessmentAmount: 1075.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,724 $157,783 $28,884 $128,899
2024 $2,724 $154,690 $28,318 $126,372
2023 $2,649 $151,657 $27,762 $123,895
2022 $2,609 $148,684 $27,218 $121,466
2021 $2,569 $145,769 $26,684 $119,085
2020 $2,550 $144,275 $26,411 $117,864
2019 $2,506 $141,447 $25,894 $115,553
2018 $2,471 $138,674 $25,386 $113,288
2017 $2,434 $135,955 $24,888 $111,067
2016 $2,391 $133,290 $24,400 $108,890
2015 $2,334 $131,288 $24,033 $107,255
2014 $2,274 $128,717 $23,562 $105,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 Price Changed $1,995,000 -7.2% $464 / Sq Ft
09/02/2025 09/02/25 Price Changed $2,150,000 -2.3% $500 / Sq Ft
06/17/2025 06/17/25 For Sale $2,200,000 -- $511 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25135958

California Regional Multiple Listing Service (CRMLS)

APN: 337-091-05

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