$1,795,000
$254K PRICE DROP

3116 Quartz Ln Fullerton, CA 92831

Cal State Fullerton Neighborhood

Estimated payment $11,499/month

Total Views 26,753
8 Beds
5 Baths
4,142 Sq Ft
$433 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 6 Car Garage
  • Col. J. K. Tuffree Middle School Rated A
  • Laundry Room
  • 2-minute walk to Pearl Park

About This Home

JUST REDUCED! This 4 unit multi-family investment property is in one of the most highly desirable rental areas in Orange County. Fabulous opportunity to own 4 units at approximately 1000 square feet each. Owners unit includes 2 beds/2 baths and the other 3 units are 2 beds/1bath. Each unit has one garage parking space and there is an additional 2 car garage that could be rented for extra income stream. Close to Cal State Fullerton with nearby access to the 57 Freeway for easy transition to many freeway arteries in Orange and LA Counties. Close to shopping and dining as well as a 15 minute drive to the Honda Center, Angels Stadium, and Disneyland.Back on market subject to successful cancellation of current escrow.

Listing Agent

Christopher Carlson

Marshall Reddick Real Estate Brokerage Phone: 714-769-4043 License #02202656 Listed on: 12/04/2024

Co-Listing Agent

Cherie Brebner

Marshall Reddick Real Estate Brokerage Phone: 714-769-4043 License #01298163

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,142 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 5190
  • Assessor Parcel Number 33923503
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $3,493
  • Maintenance Expense $5,000
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • New Taxes Expense $24,000
  • Operating Expense $33,996
  • Gross Income $116,424
  • Net Operating Income $82,428

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Price Per Unit: 448750
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 33923503
  • Year Built: 1964
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 433.37

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 116424.00
  • Gross Scheduled Income: 116424.00
  • Insurance Expense: 3493.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 179.00
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 82428.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 1
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Operating Expense: 33996.00
  • Rent Control: No
  • Total Expenses: 33996.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Census Tract: 117.11
  • Tax Lot: 7
  • Tax Tract Number: 5190

Map

Range of Values:

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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 Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $1,795,000 -5.3% $433 / Sq Ft
03/13/2025 03/13/25 Price Changed $1,895,000 -5.0% $458 / Sq Ft
02/11/2025 02/11/25 Price Changed $1,995,000 -2.6% $482 / Sq Ft
12/04/2024 12/04/24 For Sale $2,049,000 -- $495 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24241567

California Regional Multiple Listing Service (CRMLS)

APN: 339-235-03

California Orange County Fullerton 92831 Cal State Fullerton

3116 Quartz Ln, Fullerton, CA

This home is located at 3116 Quartz Ln, Fullerton, CA 92831 and is currently priced at $1,795,000, approximately $433 per square foot. This property was built in 1964. 3116 Quartz Ln is a home located in Orange County with nearby schools including Topaz Elementary School, Col. J. K. Tuffree Middle School, and El Dorado High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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Christopher Carlson
Listing Agent
Christopher Carlson
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Marshall Reddick Real Estate
(657) 567-6212