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

Sale Details

Date 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

Wetrust Realty License #01899925

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

7,490 Sq Ft Lot

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
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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
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

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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19120137

California Regional Multiple Listing Service (CRMLS)

APN: 339-223-17

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