$2,199,951

Estimated payment $13,783/month

Total Views 994
9 Beds
7 Baths
4,319 Sq Ft
$509 Price per Sq Ft

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!

Listing Agent

Kay Lee

Circa Properties, Inc. License #01399595 Listed on: 11/18/2025

Circa Properties, Inc.

Co-Listing Agent

Victor Perrin

Circa Properties, Inc. License #01395944

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: College Greens
  • Water Sewer Expenses: 3360.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 33922301
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 509.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Garage Rental Rate: 350.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1031 Square Feet
  • Average3 Bed Area: 1198 Square Feet
  • Electric Expense: 1200.00
  • Garage Income: 4200.00
  • Gross Income: 5400.00
  • Gross Scheduled Income: 129120.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1200.00
  • Lot Size Area: 8276.0000 Square Feet
  • Maintenance Expense: 1440.00
  • Net Operating Income: 97820.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 31300.00
  • Rent Control: No
  • Total Actual Rent: 10460.00
  • Total Expenses: 33800.00

Tax Info

  • New Taxes Expense: 21000.00
  • Tax Lot: 1
  • Tax Tract Number: 4975

Map

Range of Values:

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Value Increase
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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 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
Source: California Regional Multiple Listing Service (CRMLS)

About the Listing Agent

Kay Lee

Circa Properties, Inc.

(657) 233-8211

Section Image

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

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25253285

California Regional Multiple Listing Service (CRMLS)

APN: 339-223-01