NOT LISTED FOR SALE
2 Beds
2 Baths
3,820 Sq Ft
8,750 Sq Ft Lot

Sale Details

Date Sold: May 5, 2025

Last sale price $1,575,000 $412 Per Sq Ft

97 Days on Market

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

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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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Apr 11, 2025
Sold by
Bought by
Seller's Agent
Paul Banke
Kirklen Investment Group
Buyer's Agent
Paul Banke
Kirklen Investment Group
List Price
$1,630,000
Sold Price
$1,575,000
Premium/Discount to List
-$55,000
-3.37%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,750
Outstanding Balance
$1,010,752
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 6, 2019
Sold by
Bought by
Seller's Agent
Margaret Lee
Coldwell Banker Dynasty Arc.
Buyer's Agent
Daniel Gray
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$840,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 14, 2019
Sold by
Bought by
Seller's Agent
Margaret Lee
Coldwell Banker Dynasty Arc.
Buyer's Agent
Daniel Gray
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2019
Closed on
Apr 29, 2019
Sold by
Bought by
Seller's Agent
Margaret Lee
Coldwell Banker Dynasty Arc.
Buyer's Agent
Daniel Gray
First Team Real Estate
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 23, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,575,000 Chicago Title
-- Stewart Title Of Ca Inc
$1,160,000 Stewart Title Of Ca Inc
-- North American Title Company
$1,050,000 Title365
-- Accommodation
$660,000 First American Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,023,750
Previous Owner $840,000
Previous Owner $840,000
Previous Owner $787,500
Previous Owner $396,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,826 $1,606,500 $1,423,370 $183,130
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

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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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