NOT LISTED FOR SALE
6 Beds
6 Baths
3,820 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: September 9, 2019

Last sale price $1,515,000 $397 Per Sq Ft

320 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Granite Countertops
  • Col. J. K. Tuffree Middle School Rated A
  • Traditional Architecture
  • 2-minute walk to Pearl Park

About This Home

As of September 2019

INVESTOR'S DREAM RIGHT HERE! HERE'S YOUR CHANCE ONCE AGAIN! TURNKEY, TURNKEY!! Bring your investors who are looking for an extremely turnkey bldg in east Fullerton's most popular rental area. This property has been completely remodeled with no expense spared & all 4 units are in impeccable condition, w/ upgrades that include but are not limited to: new upgraded commercial-grade vinyl flooring, custom int & ext paint, brand new doors, windows (vinyl dual pane w/ blinds) & trim, new bathrooms with custom high end tile, new full size tubs & marble counters on vanities, new toilets & plumbing fixtures throughout, brand new kitchens with custom 3CM granite, glass mosaic backsplashes, SS Frigidaire Gallery Line appliances incl fridges, mini-split HVAC systems to all units (controlled individually by each unit), new concrete patios on lower level with brand new wrought iron & brick privacy fencing & privacy wrought iron gates at entry, ceiling fans & recessed LED lighting throughout, brand new front doors, brand new individual water heaters in each unit (not shared), brand new automatic garage doors, on-site laundry facility (security door with key for tenants only), & brand new concrete slab behind the building w/ 6' vinyl fence to provide addtl privacy and easy maintenance. These units are BY FAR the most impeccable units you'll find in FULLERTON! Walking distance to Topaz Elementary School. CAP RATE OVER 5%!!

Last Agent to Sell the Property

Veronica Bertrand

Red Diamond Realty License #01903853 Listed on: 09/26/2018

Last Buyer's Agent

Ying Chou

K.W. EXECUTIVE License #01949599

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Vinyl Fence
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped

Parking

  • 6 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 3,820 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Panel Doors
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 5120
  • Assessor Parcel Number 33923207

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
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $200
  • Gardener Expense $1,200
  • Insurance Expense $1,417
  • Trash Expense $1,530
  • Water Sewer Expense $1,000
  • New Taxes Expense $11,000
  • Operating Expense $16,707
  • Gross Income $960
  • Net Operating Income $80,793

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,712 Sq Ft Lot

Parking

6

Listing Details

  • CapRate: 5.33
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 33923207
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Built-in Features, Granite Counters, Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: Two
  • Price Per Square Foot: 396.60
  • Room Type: Master Suite
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Direction Faces: West
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Vinyl, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Water Heater Central, Water Heater
  • Heating Type: Electric
  • Laundry Features: Common Area, Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1530.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

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

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average Studio Area: 900 Square Feet
  • Electric Expense: 360.00
  • Fuel Expense: 200.00
  • Gross Income: 960.00
  • Gross Scheduled Income: 97500.00
  • Insurance Expense: 1417.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 80793.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 16707.00
  • Other Income Description: Washer/dryer
  • Rent Control: No
  • Total Actual Rent: 8125.00
  • Total Expenses: 16707.00

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Census Tract: 117.11
  • Tax Lot: 19
  • Tax Tract Number: 5120

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
Sep 26, 2018
Closed on
Aug 21, 2019
Sold by
Bought by
Seller's Agent
Veronica Bertrand
Red Diamond Realty
Buyer's Agent
Ying Chou
K.W. EXECUTIVE
List Price
$1,595,000
Sold Price
$1,515,000
Premium/Discount to List
-$80,000
-5.02%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 26, 2018
Sold by
Bought by
Seller's Agent
Ken Scott
KEN SCOTT REAL ESTATE
Buyer's Agent
Veronica Bertrand
Red Diamond Realty
List Price
$999,950
Sold Price
$1,030,000
Premium/Discount to List
$30,050
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.68%

Purchase Details

Closed on
Aug 28, 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
$424,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
$1,515,000 Fidelity National Title Co
$1,030,000 None Available
$530,000 Commonwealth Land Title
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 $424,000
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
09/09/2019 09/09/19 Sold $1,515,000 -3.2% $397 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
11/27/2018 11/27/18 Price Changed $1,565,000 -1.9% $410 / Sq Ft
09/26/2018 09/26/18 For Sale $1,595,000 +54.9% $418 / Sq Ft
03/01/2018 03/01/18 Sold $1,030,000 +3.0% $270 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $999,950 -- $262 / 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 $18,673 $1,690,008 $1,537,685 $152,323
2025 $18,268 $1,656,871 $1,507,534 $149,337
2024 $18,268 $1,624,384 $1,477,975 $146,409
2023 $17,966 $1,592,534 $1,448,995 $143,539
2022 $17,832 $1,561,308 $1,420,583 $140,725
2021 $17,537 $1,530,695 $1,392,729 $137,966
2020 $17,584 $1,515,000 $1,378,448 $136,552
2019 $12,288 $1,050,600 $912,002 $138,598
2018 $8,287 $674,629 $502,287 $172,342
2017 $8,155 $661,401 $492,438 $168,963
2016 $7,996 $648,433 $482,783 $165,650
2015 $7,897 $638,693 $475,531 $163,162
2014 $7,668 $626,182 $466,216 $159,966
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18233955

California Regional Multiple Listing Service (CRMLS)

APN: 339-232-07

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