NOT LISTED FOR SALE
2 Beds
2 Baths
3,820 Sq Ft
0.27 Acres

Last Sold May 05, 2023

Last sale price $1,500,000 $393 Per Sq Ft

36 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 1-minute walk to Pearl Park
  • Col. J. K. Tuffree Middle School Rated A

About This Home

As of May 2023

This four-unit opportunity is located in the north Orange County submarket of Fullerton, CA. It is Located near the 57 Freeway only .75 miles from California State University Fullerton. The property consists of all, 2BD/2BA units, each unit being roughly 955 square feet, the property is situated on an oversized corner lot. Each of the units has a small patio or balcony and a garage space available, making this an ideal destination for prospective tenants. There is an owner owned on-site laundry room and the units are separately metered for gas and electricity.

Last Agent to Sell the Property

Brett Bayless

Brett Bayless, Broker License #01718244 Listed on: 03/15/2023

Last Buyer's Agent

Aaron Stel

COMPASS License #01951620

COMPASS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Corner Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 5120
  • Assessor Parcel Number 33923301
  • $994 per year additional tax assessments

Community Details

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,924
  • Fuel Expense $628
  • Gardener Expense $1,200
  • Insurance Expense $1,547
  • Water Sewer Expense $7,122
  • Operating Expense $32,951
  • Gross Income $81,191
  • Net Operating Income $50,160

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1965

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 382500
  • Property Attached: No
  • Water Sewer Expenses: 7122.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 33923301
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 392.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11761.00
  • Lot Size Acres: 0.2700

Multi Family

  • Electric Expense: 1924.00
  • Fuel Expense: 628.00
  • Gross Income: 81191.00
  • Gross Scheduled Income: 82848.00
  • Insurance Expense: 1547.00
  • Lot Size Area: 11761.0000 Square Feet
  • Net Operating Income: 50160.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 32951.00
  • Rent Control: No
  • Total Expenses: 32951.00

Tax Info

  • Tax Census Tract: 117.11
  • Tax Lot: 36
  • Tax Tract Number: 5120
  • TaxOtherAnnualAssessmentAmount: 994.00

Range of Values:

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List 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 Change Sq Ft Price
05/05/2023 05/05/23 Sold $1,500,000 -2.0% $393 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $1,530,000 +96.2% $401 / Sq Ft
05/22/2013 05/22/13 Sold $780,000 +8.3% $204 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $720,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23041552

California Regional Multiple Listing Service (CRMLS)

APN: 339-233-01