Seller's Agent in 2022
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
3 in this area
167 Total Sales
3151 Quartz Ln Fullerton, CA 92831
Cal State Fullerton Neighborhood
6
Beds
4
Baths
9,829
Sq Ft
0.4
Acre Lot
Highlights
- 0.4 Acre Lot
- Lawn
- 3-minute walk to Pearl Park
- Col. J. K. Tuffree Middle School Rated A
- Level Lot
About This Home
As of February 20223145 - 3151 Quartz Lane is a multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. Situated on adjacent lots totaling 0.40 acres, the property offers an attractive unit mix consisting of 8, two-bed/one-bath units and 1, two-bed/two-bath plus den unit. The property offers amenities including a spacious central courtyard, private patios, on-site laundry, screen doors, and garage parking. There is also an additional storage room that can be converted into a second laundry room. The property benefits from its close proximity to California State University, Fullerton (CSUF), which has an annual enrollment of over 41,000 students. There is significant demand for rental units in close proximity to the university as 94 percent of CSUF students live in off campus housing. The property is located within walking distance of the Fullerton Crossroads retail center, providing residents with convenient access to their everyday needs. Additionally, the property is situated in close proximity to State Route 57, connecting residents to regional employment hubs.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01451551 Listed on: 10/27/2021
Last Buyer's Agent
Marcus & Millichap RE Invest License #01451551 Listed on: 10/27/2021
Property Details
Home Type
- Apartment
Year Built
- Built in 1964
Lot Details
- 17,424 Sq Ft Lot
- No Common Walls
- Level Lot
- Lawn
- 33923316
Parking
- 14 Car Garage
Interior Spaces
- 9,829 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 5190
- Assessor Parcel Number 33923317
- $1,224 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,264
- Fuel Expense $3,264
- Insurance Expense $3,708
- Maintenance Expense $5,400
- Other Expense $8,207
- Trash Expense $3,264
- Water Sewer Expense $3,264
- New Taxes Expense $36,983
- Operating Expense $67,352
- Gross Income $189,120
- Net Operating Income $116,220
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
Nov 16, 2021
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
$1,100,000
Interest Rate
0.0356%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2021
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
$780,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 14, 2020
Sold by
Bought by
Purchase Details
Closed on
Nov 20, 2018
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
$800,000
Interest Rate
0.049%
Mortgage Type
Purchase Money Mortgage
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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 |
|---|---|---|---|
| $3,375,000 | First American Title | ||
| -- | None Available | ||
| -- | None Available | ||
| $3,050,000 | Western Resources Title Co |
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 | $1,100,000 | ||
| Previous Owner | $780,000 | ||
| Previous Owner | $800,000 |
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 |
|---|---|---|---|---|
| 02/09/2022 02/09/22 | Sold | $3,375,000 | 0.0% | $343 / Sq Ft |
| 11/15/2021 11/15/21 | Pending | -- | -- | -- |
| 10/27/2021 10/27/21 | For Sale | $3,375,000 | -- | $343 / 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 | $17,593 | $1,591,812 | $1,273,450 | $318,362 |
| 2024 | $17,593 | $1,560,600 | $1,248,480 | $312,120 |
| 2023 | $17,302 | $1,530,000 | $1,224,000 | $306,000 |
| 2022 | $17,544 | $1,534,590 | $1,222,470 | $312,120 |
| 2021 | $17,254 | $1,504,500 | $1,198,500 | $306,000 |
| 2020 | $17,469 | $1,504,500 | $1,198,500 | $306,000 |
| 2019 | $16,855 | $1,475,000 | $1,175,000 | $300,000 |
| 2018 | $4,101 | $288,624 | $165,064 | $123,560 |
| 2017 | $4,037 | $282,965 | $161,827 | $121,138 |
| 2016 | $3,963 | $277,417 | $158,654 | $118,763 |
| 2015 | $3,912 | $273,250 | $156,270 | $116,980 |
| 2014 | $3,803 | $267,898 | $153,209 | $114,689 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21237129
APN: 339-233-16
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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