$1,575,000
SOLD MAY 5, 2025
2 Beds
2 Baths
3,820 Sq Ft
8,751 Sq Ft Lot

Recently Sold

$412 Per Sq Ft

3% Below List Price

97 Days on Market

Highlights

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

About This Home

As of May 2025

Proudly offering a 4-unit multifamily investment property located in Fullerton, CA. The subject property features an extremely desirable unit mix comprised exclusively of spacious two-bedroom/two-bathroom units totaling approximately 955 square feet each. Situated on a large 8,750 square foot lot, the subject property provides residents with amenities such as on-site laundry, (6) garage parking spaces, (1) open parking space, private patios, private balconies and proximity to Pearl Park which features a playground, barbecue pits, and picnic tables for residents to enjoy a nice outing.

Last Agent to Sell the Property

Paul Banke

Kirklen Investment Group License #02113308 Listed on: 12/19/2024

Last Buyer's Agent

Paul Banke

Kirklen Investment Group License #02113308 Listed on: 12/19/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,750 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 5120
  • Assessor Parcel Number 33923303
  • $1,038 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,364
  • Insurance Expense $4,317
  • Maintenance Expense $2,804
  • Pest Control $812
  • Supplies Expense $500
  • Trash Expense $1,056
  • Water Sewer Expense $2,102
  • New Taxes Expense $18,221
  • Operating Expense $31,176
  • Gross Income $100,038
  • Net Operating Income $68,862

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

8,750 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 500.00
  • Water Sewer Expenses: 2102.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1364.00
  • Parcel Number: 33923303
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 412.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 812.00
  • Sewer: Public Sewer
  • Trash Expense: 1056.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 8750.00
  • Lot Size Acres: 0.2009

Multi Family

  • Gross Income: 100038.00
  • Gross Operating Income: 100038.00
  • Gross Scheduled Income: 101400.00
  • Insurance Expense: 4317.00
  • Laundry Income: 1680.00
  • Lot Size Area: 8750.0000 Square Feet
  • Maintenance Expense: 2804.00
  • Net Operating Income: 68862.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 31176.00
  • Rent Control: Yes
  • Total Expenses: 31176.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 18221.00
  • Tax Census Tract: 117.11
  • Tax Lot: 34
  • Tax Tract Number: 5120
  • TaxOtherAnnualAssessmentAmount: 1038.00
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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
05/05/2025 05/05/25 Sold $1,575,000 -2.8% $412 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $1,620,000 -2.4% $424 / Sq Ft
02/20/2025 02/20/25 Price Changed $1,660,000 +1.8% $435 / Sq Ft
12/19/2024 12/19/24 For Sale $1,630,000 +40.5% $427 / Sq Ft
06/13/2019 06/13/19 Sold $1,160,000 -3.3% $304 / Sq Ft View Prior Sale
05/08/2019 05/08/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $1,199,000 -4.1% $314 / Sq Ft
03/29/2019 03/29/19 For Sale $1,250,000 -- $327 / 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 $14,502 $1,294,000 $1,141,573 $152,427
2024 $14,502 $1,268,628 $1,119,189 $149,439
2023 $14,259 $1,243,753 $1,097,244 $146,509
2022 $14,147 $1,219,366 $1,075,729 $143,637
2021 $13,914 $1,195,457 $1,054,636 $140,821
2020 $13,948 $1,183,200 $1,043,822 $139,378
2019 $12,507 $1,071,000 $935,428 $135,572
2018 $12,357 $1,050,000 $917,086 $132,914
2017 $8,730 $714,290 $574,281 $140,009
2016 $8,560 $700,285 $563,021 $137,264
2015 $8,454 $689,767 $554,564 $135,203
2014 $8,208 $676,256 $543,701 $132,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24252169

California Regional Multiple Listing Service (CRMLS)

APN: 339-233-03

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