NOT LISTED FOR SALE

2637 Andover Ave Fullerton, CA 92831

Cal State Fullerton Neighborhood
9 Beds
7 Baths
4,302 Sq Ft
7,210 Sq Ft Lot

Last Sold March 14, 2013

Last sale price $907,500 $211 Per Sq Ft

17 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Central Heating
  • Troy High School Rated A+

About This Home

As of March 2013

BACK ON THE MARKET! 4-Plex near Cal State Fullerton with professionally managed laundry facility, 6 garages and 4 extra parking spaces, sprinklers and new water heater. All units are rented and have wood floors, stoves, dishwashers and garbage disposals. Three of the units have new furnaces. Renters pay gas and electric. Close to shopping, restaurants and freeways.

Last Agent to Sell the Property

Marylea Todd

BHHS CA Properties License #01109821 Listed on: 01/12/2013

BHHS CA Properties

Co-Listed By

Lisa May

BHHS CA Properties License #01725005

Last Buyer's Agent

Ralph Lepore

South Bay Homes License #00820175

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,210 Sq Ft Lot
  • Lot Dimensions are 70x103

Parking

  • 6 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,302 Sq Ft Home
  • Wood Flooring
  • Leased Washer and Dryer

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 21
  • Tax Tract Number 4759
  • Assessor Parcel Number 33709107

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $8,111
  • Gross Income $6,195
  • Net Operating Income $59,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • CapRate: 6.46
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 33709107
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 210.95

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Disposal
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 70x103
  • Lot Size Sq Ft: 7210.00
  • Lot Size Acres: 0.1660

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 6195.00
  • Gross Multiplier: 12.38
  • Gross Scheduled Income: 74340.00
  • Laundry Equipment Own Lease: Lease
  • Net Operating Income: 59472.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Operating Expense: 13700.00

Tax Info

  • New Taxes Expense: 8111.00
  • Tax Area: 03066
  • Tax Lot: 21
  • Tax Tract Number: 4759

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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Average Value
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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
03/14/2013 03/14/13 Sold $907,500 -1.4% $211 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
01/12/2013 01/12/13 For Sale $920,000 0.0% $214 / Sq Ft
09/04/2012 09/04/12 Rented $1,450 0.0% --
09/04/2012 09/04/12 Under Contract -- -- --
08/17/2012 08/17/12 For Rent $1,450 +3.6% --
03/19/2012 03/19/12 Rented $1,400 0.0% --
03/19/2012 03/19/12 Under Contract -- -- --
02/06/2012 02/06/12 For Rent $1,400 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,760 $1,117,517 $940,667 $176,850
2024 $12,760 $1,095,605 $922,222 $173,383
2023 $12,449 $1,074,123 $904,139 $169,984
2022 $12,360 $1,053,062 $886,411 $166,651
2021 $12,148 $1,032,414 $869,030 $163,384
2020 $12,080 $1,021,828 $860,119 $161,709
2019 $11,774 $1,001,793 $843,254 $158,539
2018 $11,598 $982,150 $826,719 $155,431
2017 $11,407 $962,893 $810,509 $152,384
2016 $11,173 $944,013 $794,616 $149,397
2015 $10,866 $929,834 $782,681 $147,153
2014 $10,555 $911,620 $767,349 $144,271
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marylea Todd

    BHHS CA Properties

    Section Image

  • L

    Seller Co-Listing Agent in 2013

    Lisa May

    BHHS CA Properties

    Section Image

  • R

    Buyer's Agent in 2013

    Ralph Lepore

    South Bay Homes

    (310) 370-6111

    22 Total Sales

    Ralph Lepore
    Section Image

  • S

    Seller's Agent in 2012

    Susan Sung

    Ace Realty

    (562) 924-1411

    31 Total Sales

    Susan Sung
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P845641

California Regional Multiple Listing Service (CRMLS)

APN: 337-091-07

California Orange County Fullerton 92831 Cal State Fullerton

2637 Andover Ave, Fullerton, CA

Not Listed for Sale

MultiFamily

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