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

Sale Details

Date Sold: May 6, 2024

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

8 Days on Market

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

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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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Mar 27, 2024
Sold by
Bought by
Seller's Agent
Ryan Anderson
R L M Equities
Buyer's Agent
Ryan Anderson
R L M Equities
List Price
$2,200,000
Sold Price
$2,175,000
Premium/Discount to List
-$25,000
-1.14%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Outstanding Balance
$2,116,734
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2017
Closed on
Sep 11, 2017
Sold by
Bought by
Seller's Agent
Bill Webster
SVN / Vanguard
Buyer's Agent
Vicky Tran
Professional R.E. Center, Inc.
List Price
$1,499,000
Sold Price
$1,550,000
Premium/Discount to List
$51,000
3.4%

Purchase Details

Listed on
Aug 19, 2017
Closed on
Aug 30, 2017
Sold by
Bought by
Seller's Agent
Bill Webster
SVN / Vanguard
Buyer's Agent
Vicky Tran
Professional R.E. Center, Inc.
List Price
$1,499,000
Sold Price
$1,550,000
Premium/Discount to List
$51,000
3.4%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.89%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,175,000 First American Title Company
$1,800,000 Provident Title Company
-- First American Title Co
$1,550,000 First American Title Co
$1,100,000 First American Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,175,000
Previous Owner $1,225,000
Previous Owner $801,950
Previous Owner $55,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,267 $2,262,870 $2,031,988 $230,882
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

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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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