NOT LISTED FOR SALE
5 Beds
4 Baths
4,996 Sq Ft
9,284 Sq Ft Lot

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

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

0

Parking

8

Listing Details

  • Other Phone Description: 949-290-0199
  • Price Per Unit: 550000
  • 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
  • Entry Location: Street
  • 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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24051288

California Regional Multiple Listing Service (CRMLS)

APN: 284-041-23