3100 Topaz Ln Fullerton, CA 92831
Cal State Fullerton NeighborhoodEstimated payment $13,062/month
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- 3-minute walk to Pearl Park
- Col. J. K. Tuffree Middle School Rated A
- Forced Air Heating System
About This Home
Discover an exceptional investment opportunity at 3100 Topaz Lane, a pride-of-ownership fourplex nestled on a prime corner lot in Fullerton's desirable College Greens neighborhood. Built in 1964 by the renowned Covington Builders, this well-maintained property spans approximately 4,319 square feet and features a strong unit mix: one spacious 3-bedroom, 2-bathroom unit (1,198 sq ft) and three comfortable 2-bedroom units (one with 2 bathrooms at 1,048 sq ft, one with 1.5 bathrooms at 1,038 sq ft, and one with 1 bathroom at 1,008 sq ft). Each unit boasts generous living spaces with tile flooring in the living areas, individual meters for electricity and gas, and private outdoor areas—three with patios and one with a spacious deck. Recently painted exteriors enhance the curb appeal, while practical amenities include a private laundry facility, alley access to garages, and a total of 5 garage parking spaces for added convenience. This low-maintenance gem benefits from long-term tenants and is poised for strong cash flow with rents at market rates—currently aligned with Fullerton's averages of around $2,600 for 2-bedroom units and $3,200-$3,500 for 3-bedroom units, offering excellent upside potential. The neighborhood is highly walkable, with entertainment venues, restaurants, pharmacies, parks, and recreational areas just a short stroll away, fostering a sense of community perfect for families. Top-rated schools in the Placentia-Yorba Linda Unified School District, including Topaz Elementary, Col. J.K. Tuffree Middle, and El Dorado High, add to the appeal for tenants seeking quality education options. Don't miss this turnkey multifamily property in a sought-after location—schedule a viewing today!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,319 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Wall Furnace
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 4975
- Assessor Parcel Number 33922301
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $5,000
- Maintenance Expense $1,440
- Trash Expense $1,800
- Water Sewer Expense $3,360
- New Taxes Expense $21,000
- Operating Expense $33,800
- Gross Income $5,400
- Net Operating Income $97,820
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,698 | $1,698,300 | $1,520,323 | $177,977 |
| 2024 | $18,698 | $1,665,000 | $1,490,512 | $174,488 |
| 2023 | $4,899 | $363,248 | $177,593 | $185,655 |
| 2022 | $4,844 | $356,126 | $174,111 | $182,015 |
| 2021 | $4,767 | $349,144 | $170,697 | $178,447 |
| 2020 | $4,769 | $345,564 | $168,946 | $176,618 |
| 2019 | $4,628 | $338,789 | $165,634 | $173,155 |
| 2018 | $4,573 | $332,147 | $162,387 | $169,760 |
| 2017 | $4,501 | $325,635 | $159,203 | $166,432 |
| 2016 | $4,418 | $319,250 | $156,081 | $163,169 |
| 2015 | $4,361 | $314,455 | $153,736 | $160,719 |
| 2014 | $4,238 | $308,296 | $150,725 | $157,571 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $2,199,951 | +32.1% | $509 / Sq Ft | |
| 11/13/2023 11/13/23 | Sold | $1,665,000 | -2.1% | $386 / Sq Ft | View Prior Sale |
| 10/16/2023 10/16/23 | Pending | -- | -- | -- | |
| 09/22/2023 09/22/23 | Price Changed | $1,699,988 | -1.4% | $394 / Sq Ft | |
| 09/09/2023 09/09/23 | Price Changed | $1,725,000 | -1.4% | $399 / Sq Ft | |
| 08/18/2023 08/18/23 | Price Changed | $1,749,000 | -1.2% | $405 / Sq Ft | |
| 07/19/2023 07/19/23 | Price Changed | $1,770,000 | -1.4% | $410 / Sq Ft | |
| 07/03/2023 07/03/23 | For Sale | $1,795,000 | 0.0% | $416 / Sq Ft | |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- | |
| 06/12/2023 06/12/23 | Price Changed | $1,795,000 | -1.6% | $416 / Sq Ft | |
| 05/11/2023 05/11/23 | For Sale | $1,825,000 | -- | $423 / Sq Ft |
About the Listing Agent
Realtor Kay Lee is a dedicated real estate broker with a passion for helping clients find their dream homes. With 20 years of experience in residential real estate sales, specializing in North Orange County while serving the entire Southland, she prides herself on developing strong relationships with clients and providing personalized attention throughout the home buying or selling process. She also handles commercial sales and leasing, as well as property management, ensuring comprehensive
Kay's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25253285
APN: 339-223-01
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