NOT LISTED FOR SALE
5 Beds
4 Baths
4,996 Sq Ft
9,283 Sq Ft

Last Sold May 06, 2024

Last sale price $2,175,000 $435 Per Sq Ft

8 Days on Market

Highlights

  • Laundry Room
  • Fullerton Union High School Rated A-
  • Landscaped

About This Home

As of May 2024

Turnkey property with numerous upgrades. Save time and resources by investing in a property that requires no additional renovations, repairs, or upgrades – it's ready for income generation right away. Property boasts new roof, copper plumbing, new windows, central heat/air and all redone units. Located at the highly sought-after market of Fullerton, this Multi-Family property is a diamond in the rough for savvy investors. Boasting a strategic location in a thriving commercial area, this property offers immense potential for long-term growth and profitability.

Last Agent to Sell the Property

Ryan Anderson

R L M Equities License #01939764 Listed on: 03/13/2024

Last Buyer's Agent

Ryan Anderson

R L M Equities License #01939764 Listed on: 03/13/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 9,284 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 8 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,996 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 6140
  • Assessor Parcel Number 28404123
  • $1,038 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,212
  • Fuel Expense $1,212
  • Insurance Expense $4,500
  • Trash Expense $1,929
  • Water Sewer Expense $1,929
  • Operating Expense $40,532
  • Gross Income $127,560
  • Net Operating Income $83,273

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

9,284 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1929.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 28404123
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One, Two
  • Price Per Square Foot: 435.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1929.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9284.00
  • Lot Size Acres: 0.2131

Multi Family

  • Electric Expense: 1212.00
  • Fuel Expense: 1212.00
  • Gross Income: 127560.00
  • Gross Scheduled Income: 125160.00
  • Insurance Expense: 4500.00
  • Laundry Income: 2400.00
  • Lot Size Area: 9284.0000 Square Feet
  • Net Operating Income: 83273.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 40532.00
  • Operating Expense Percent: 32.00
  • Rent Control: No
  • Total Expenses: 40532.00

Tax Info

  • Tax Census Tract: 15.05
  • Tax Lot: 22
  • Tax Tract Number: 6140
  • TaxOtherAnnualAssessmentAmount: 1038.00
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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 Prior Sale
05/06/2024 05/06/24 Sold $2,175,000 -1.1% $435 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $2,200,000 +41.9% $440 / Sq Ft
09/13/2017 09/13/17 Sold $1,550,000 +3.4% $310 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Pending -- -- --
08/19/2017 08/19/17 For Sale $1,499,000 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,048 $2,218,500 $1,992,145 $226,355
2024 $21,048 $1,872,720 $1,683,466 $189,254
2023 $20,544 $1,836,000 $1,650,456 $185,544
2022 $20,413 $1,800,000 $1,618,094 $181,906
2021 $18,597 $1,629,326 $1,451,228 $178,098
2020 $18,496 $1,612,620 $1,436,348 $176,272
2019 $18,013 $1,581,000 $1,408,184 $172,816
2018 $17,743 $1,550,000 $1,380,572 $169,428
2017 $13,319 $1,139,110 $964,401 $174,709
2016 $13,045 $1,116,775 $945,491 $171,284
2015 $5,889 $463,984 $221,008 $242,976
2014 $5,724 $454,896 $216,679 $238,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24051288

California Regional Multiple Listing Service (CRMLS)

APN: 284-041-23

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