$1,595,000
$200K PRICE DROP

Estimated payment $10,093/month

Total Views 12,212
8 Beds
4 Baths
3,258 Sq Ft
$490 Price per Sq Ft

Highlights

  • Open Floorplan
  • Corner Lot
  • 6 Car Direct Access Garage
  • Col. J. K. Tuffree Middle School Rated A
  • No HOA
  • 1-minute walk to Pearl Park

About This Home

A Well-maintained 4-unit apartment complex situated in the city of Fullerton, California, ideally located near California State University, Fullerton, making it a convenient choice for students and faculty. Each unit features a spacious 2-bedroom, 1-bathroom layout encompassing 800 square feet. The interiors have been upgraded with laminate flooring, modern countertops, and stainless-steel appliances and ceiling fans. All units are equipped with wall-mounted air conditioning unit and dual-pane windows for enhanced efficiency. Residents can enjoy private outdoor areas, with two units have direct access to attached 2-car garages, while the other two units share a 2-car garage and access to an on-site laundry facility. 3100 Garnet Lane also benefits from its convenient location within multiple shopping centers providing residents an abundance of shopping, entertainment, and dining options. It is also located near a number of education institutions such as Topaz Elementary School, Kraemer Middle School, Valencia High School and Cal State Fullerton.

Listing Agent

Denny Wibisono

Treelane Realty Group Inc. Brokerage Phone: 310-926-8062 License #02137653 Listed on: 04/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Front Yard

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,258 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5047
  • Assessor Parcel Number 33922501
  • $1,075 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $660
  • Fuel Expense $1,548
  • Gardener Expense $1,200
  • Insurance Expense $5,900
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • Operating Expense $30,104
  • Gross Income $103,632
  • Net Operating Income $73,527

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 4.10
  • Price Per Unit: 398750
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: No
  • Water Sewer Expenses: 2000.00
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 33922501
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 489.56
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Water Heater Central
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Electric Expense: 660.00
  • Fuel Expense: 1548.00
  • Gross Income: 103632.00
  • Gross Multiplier: 17.00
  • Gross Operating Income: 103632.00
  • Gross Scheduled Income: 105600.00
  • Insurance Expense: 5900.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 73527.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 30104.00
  • Rent Control: No
  • Total Expenses: 30104.00
  • Vacancy Allowance: 3168
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Area: 03069
  • Tax Census Tract: 117.11
  • Tax Lot: 15
  • Tax Tract Number: 5047
  • TaxOtherAnnualAssessmentAmount: 1075.00

Map

Range of Values:

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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 Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $1,595,000 -5.9% $490 / Sq Ft
06/18/2025 06/18/25 Price Changed $1,695,000 -5.6% $520 / Sq Ft
04/24/2025 04/24/25 For Sale $1,795,000 +36.5% $551 / Sq Ft
11/14/2018 11/14/18 Sold $1,315,000 0.0% $404 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/14/2018 08/14/18 Price Changed $1,315,000 -2.6% $404 / Sq Ft
07/23/2018 07/23/18 Price Changed $1,350,000 +3.9% $414 / Sq Ft
07/08/2018 07/08/18 For Sale $1,299,000 +18.1% $399 / Sq Ft
03/15/2018 03/15/18 Sold $1,100,000 0.0% $344 / Sq Ft
01/25/2018 01/25/18 For Sale $1,100,000 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25088500

California Regional Multiple Listing Service (CRMLS)

APN: 339-225-01