NOT LISTED FOR SALE
4 Beds
2 Baths
3,258 Sq Ft
7,490 Sq Ft Lot

Last Sold September 19, 2019

Last sale price $1,100,000 $338 Per Sq Ft

72 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to Pearl Park
  • Col. J. K. Tuffree Middle School Rated A
  • 1-Story Property

About This Home

As of September 2019

$50,000 price adjustment done on 7/29/19. High demand single story 4 units in East Fullerton. All 2 bedroom units with private patios and garage parking. Ideally located within blocks of elementary school, Target, and many other stores. Withing 1/2 mile of Cal State Fullerton and freeway access. Vinyl windows, separate meters for gas and electricity. 6 garage parking spaces. Separate laundry room for tenant convenience and additional revenue.

Last Agent to Sell the Property

Richard Bell

Bell Realty Group License #01344469 Listed on: 05/29/2019

Last Buyer's Agent

Jason Chen

eXp Realty of Greater LA, Inc. License #01899925

eXp Realty of Greater LA, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,490 Sq Ft Lot
  • No Common Walls

Parking

  • 6 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,258 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 5047
  • Assessor Parcel Number 33922317

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $800
  • Fuel Expense $800
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Other Expense $1,700
  • Trash Expense $1,000
  • Water Sewer Expense $1,600
  • New Taxes Expense $12,265
  • Operating Expense $22,415
  • Gross Income $78,792
  • Net Operating Income $26,172

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • CapRate: 5.00
  • Property Attached: No
  • Subdivision Name Other: Undefined
  • Water Sewer Expenses: 1600.00
  • Zoning: R-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 33922317
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 337.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7490.00
  • Lot Size Acres: 0.1719

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 800.00
  • Fuel Expense: 800.00
  • Gross Operating Income: 78792.00
  • Gross Scheduled Income: 80880.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7490.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 26172.00
  • 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
  • Operating Expense: 22620.00
  • Other Expense: 1700.00
  • Other Expense Description: Misc.
  • Other Income Description: Income shown at Market Rents
  • Rent Control: No
  • Total Actual Rent: 5800.00
  • Total Expenses: 22415.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 12265.00
  • Tax Census Tract: 117.11
  • Tax Lot: 6
  • Tax Tract Number: 5047

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/19/2019 09/19/19 Sold $1,100,000 -1.3% $338 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/29/2019 07/29/19 Price Changed $1,115,000 -4.3% $342 / Sq Ft
05/29/2019 05/29/19 For Sale $1,165,000 -- $358 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,558 $1,203,008 $1,086,518 $116,490
2024 $13,558 $1,179,420 $1,065,214 $114,206
2023 $13,329 $1,156,295 $1,044,328 $111,967
2022 $13,223 $1,133,623 $1,023,851 $109,772
2021 $13,005 $1,111,396 $1,003,776 $107,620
2020 $13,036 $1,100,000 $993,483 $106,517
2019 $4,063 $286,274 $151,732 $134,542
2018 $4,014 $280,661 $148,757 $131,904
2017 $3,952 $275,158 $145,840 $129,318
2016 $3,880 $269,763 $142,980 $126,783
2015 $3,829 $265,711 $140,832 $124,879
2014 $3,723 $260,507 $138,074 $122,433
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19120137

California Regional Multiple Listing Service (CRMLS)

APN: 339-223-17