3160 Garnet Ln Fullerton, CA 92831
Cal State Fullerton NeighborhoodEstimated payment $8,588/month
Highlights
- No HOA
- Laundry Facilities
- 1-Story Property
- 6 Car Garage
About This Home
GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County's most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange.
Listing Agent
OCProperties Brokerage Phone: 714-842-3159 License #00967215 Listed on: 06/21/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,258 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 5047
- Assessor Parcel Number 33922511
- $1,111 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,724
- Fuel Expense $4,460
- Gardener Expense $1,876
- Insurance Expense $3,431
- Maintenance Expense $7,265
- Pest Control $900
- Trash Expense $2,271
- Water Sewer Expense $7,263
- Operating Expense $29,190
- Gross Income $823
- Net Operating Income $80,346
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,115 | $770,228 | $617,319 | $152,909 |
| 2025 | $9,115 | $755,126 | $605,215 | $149,911 |
| 2024 | $8,910 | $740,320 | $593,348 | $146,972 |
| 2023 | $8,753 | $725,804 | $581,713 | $144,091 |
| 2022 | $8,675 | $711,573 | $570,307 | $141,266 |
| 2021 | $8,533 | $697,621 | $559,124 | $138,497 |
| 2020 | $8,549 | $690,468 | $553,391 | $137,077 |
| 2019 | $8,267 | $676,930 | $542,540 | $134,390 |
| 2018 | $8,168 | $663,657 | $531,902 | $131,755 |
| 2017 | $8,038 | $650,645 | $521,473 | $129,172 |
| 2016 | $7,881 | $637,888 | $511,248 | $126,640 |
| 2015 | $7,784 | $628,307 | $503,569 | $124,738 |
| 2014 | $7,558 | $616,000 | $493,705 | $122,295 |
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 |
|---|---|---|---|---|
| 07/18/2026 07/18/26 | For Sale | $1,475,000 | 0.0% | $453 / Sq Ft |
| 07/17/2026 07/17/26 | Off Market | $1,475,000 | -- | -- |
| 07/17/2026 07/17/26 | For Sale | $1,475,000 | 0.0% | $453 / Sq Ft |
| 07/16/2026 07/16/26 | Off Market | $1,475,000 | -- | -- |
| 06/21/2026 06/21/26 | For Sale | $1,475,000 | -- | $453 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $585,000 | None Available | |
| Grant Deed | -- | First Southwestern Title Co | |
| Grant Deed | $389,500 | Fidelity National Title | |
| Grant Deed | $177,500 | North American Title Co | |
| Trustee Deed | $208,135 | Orange Coast Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | New Conventional | |
| Closed | $438,750 | New Conventional | |
| Previous Owner | $691,600 | Negative Amortization | |
| Previous Owner | $209,500 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26133079
APN: 339-225-11
- 2956 Haddonfield Loop
- 1310 N Placentia Ave
- 1227 Cameo Ln
- 2943 Pembroke Ct
- 1513 Wavertree Ln
- 2931 Wellesley Ct
- 2900 Madison Ave Unit D17
- 2900 Madison Ave
- 713 Moonbeam St
- 1545 La Salle Cir
- 1115 N Vecino Ln
- 231 Platte Way
- 230 Gila Way
- 402 Hillcrest Ave
- 260 Rio Grande Ave
- 346 Eagle Dr
- 1618 Salmon River
- 1630 Salmon River
- 226 San Carlos Way
- 618 Mount Vernon Way
- 3166 Pearl Dr
- 3020 Yorba Linda Blvd
- 3340 Topaz Ln
- 1509 Wavertree Ln
- 1401 N Placentia Ave
- 3201 Yorba Linda Blvd
- 3301 Yorba Linda Blvd
- 1112 N Bradford Ave
- 1120 N Placentia Ave
- 1220 Deerpark Dr
- 2900 Madison Ave Unit A42
- 1261 Deerpark Dr
- 2800 Madison Ave
- 1942 Deerpark Dr
- 218 Newcastle Ave
- 2970 Ruby Dr
- 201-205 Turf Dr Unit 205
- 2901 E Nutwood Ave
- 2611-2635 Yorba Linda Blvd
- 2635-2655 Milton Ave
Ask me questions while you tour the home.