Seller's Agent in 2019
Ed Diaz
Vanguard Property Group
(714) 401-2855
1 in this area
26 Total Sales
3113 Garnet Ln Fullerton, CA 92831
Cal State Fullerton Neighborhood
8
Beds
4
Baths
3,258
Sq Ft
7,350
Sq Ft Lot
Highlights
- All Bedrooms Downstairs
- Private Yard
- Cooling System Mounted To A Wall/Window
- Col. J. K. Tuffree Middle School Rated A
- Neighborhood Views
- 4-minute walk to Pearl Park
About This Home
As of September 2019-**Huge Price Reduction $91K ** Higher Actual Rents/5.05 CAP rate/14.7 GRM on actual rents, New Roll-up Garage Doors, New Exterior Paint! - achieve a 5.67 CAP Rate/ 13.64 GRM on realistic market rents!! Best OC 4plex CAP rate available - priced to sell now. The Garnet Palms Apartments is a well maintained, single story Fullerton fourplex consisting of four two bedroom, one bath units 4(2+1) with enclosed garages, separate tenant gas & electric meters, with an onsite laundry room for additional owner income. The subject property is located in a high-demand tenant location near the intersection of Yorba Linda blvd & Placentia Ave, walking distance to the Target center and numerous other tenant amenities. Additionally, the 57 Freeway on/off-ramp and the California State University Fullerton campus are located just 1/2 of a mile from the subject property. The City of Fullerton also offers tenants numerous entertainment venues, an award winning school district and transportation hubs like the Fullerton Airport and the Fullerton Amtrak Train Station which offers tenants daily commutes to LA and San Diego
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,350 Sq Ft Lot
- No Common Walls
- Brick Fence
- Stucco Fence
- Landscaped
- Paved or Partially Paved Lot
- Front Yard Sprinklers
- Private Yard
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
- Parking Available
- Rear-Facing Garage
- Driveway
Home Design
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,258 Sq Ft Home
- 2-Story Property
- Window Screens
- Sliding Doors
- Family Room
- Tile Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry in unit
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Central Water Heater
- Sewer Paid
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7
- Tax Tract Number 5047
- Assessor Parcel Number 33922315
Community Details
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $12,419
- Operating Expense $18,218
- Gross Income $76,800
- Net Operating Income $57,045
Additional Features
- 4 Units
- Laundry Facilities
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
Closed on
Jul 2, 2023
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 2021
Sold by
Bought by
Purchase Details
Listed on
May 2, 2019
Closed on
Aug 20, 2019
Sold by
Bought by
Seller's Agent
Ed Diaz
Vanguard Property Group
Buyer's Agent
Sarah Dung Ha
Professional R.E. Center, Inc.
List Price
$1,220,000
Sold Price
$1,095,000
Premium/Discount to List
-$125,000
-10.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,250
Interest Rate
0.036%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 30, 2018
Sold by
Bought by
Purchase Details
Closed on
May 15, 2018
Sold by
Bought by
Purchase Details
Closed on
Aug 2, 2006
Sold by
Bought by
Purchase Details
Closed on
Oct 8, 2002
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
$267,000
Interest Rate
0.0599%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 2001
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
$228,500
Interest Rate
0.069%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 1995
Sold by
Bought by
Purchase Details
Closed on
Mar 13, 1995
Sold by
Bought by
Purchase Details
Closed on
Feb 9, 1993
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Stewart Title | ||
| -- | None Available | ||
| $1,095,000 | First American Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $467,000 | Fidelity National Title | ||
| $398,500 | Fidelity National Title | ||
| $177,500 | North American Title Co | ||
| $197,000 | Orange Coast Title | ||
| -- | -- | ||
| -- | -- | ||
| $1,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $795,848 | ||
| Previous Owner | $821,250 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $267,000 | ||
| Previous Owner | $228,500 |
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 |
|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $1,095,000 | -3.0% | $336 / Sq Ft |
| 08/16/2019 08/16/19 | Pending | -- | -- | -- |
| 06/24/2019 06/24/19 | Price Changed | $1,129,000 | -1.4% | $347 / Sq Ft |
| 05/28/2019 05/28/19 | Price Changed | $1,145,000 | -6.1% | $351 / Sq Ft |
| 05/02/2019 05/02/19 | For Sale | $1,220,000 | -- | $374 / 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 |
|---|---|---|---|---|
| 2025 | $13,501 | $1,197,540 | $1,081,050 | $116,490 |
| 2024 | $13,501 | $1,174,059 | $1,059,853 | $114,206 |
| 2023 | $13,273 | $1,151,039 | $1,039,072 | $111,967 |
| 2022 | $13,168 | $1,128,470 | $1,018,698 | $109,772 |
| 2021 | $12,951 | $1,106,344 | $998,724 | $107,620 |
| 2020 | $12,982 | $1,095,000 | $988,483 | $106,517 |
| 2019 | $7,507 | $606,322 | $462,084 | $144,238 |
| 2018 | $7,417 | $594,434 | $453,024 | $141,410 |
| 2017 | $7,299 | $582,779 | $444,141 | $138,638 |
| 2016 | $7,158 | $571,352 | $435,432 | $135,920 |
| 2015 | $7,069 | $562,770 | $428,891 | $133,879 |
| 2014 | $6,865 | $551,747 | $420,490 | $131,257 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Diaz
-
Brad New
Seller Co-Listing Agent in 2019
Brad New
Vanguard Property Group
(714) 446-0100
1 in this area
25 Total Sales
-
S
Buyer's Agent in 2019
Sarah Dung Ha
Professional R.E. Center, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19101587
APN: 339-223-15
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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