3160 Garnet Ln Fullerton, CA 92831
Cal State Fullerton NeighborhoodEstimated payment $8,694/month
Highlights
- No HOA
- 6 Car Garage
- 3-minute walk to Pearl Park
- Col. J. K. Tuffree Middle School Rated A
- 1-Story Property
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
- Laundry in unit
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 |
|---|---|---|---|---|
| 2025 | $8,910 | $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 |
|---|---|---|---|---|
| 06/21/2026 06/21/26 | For Sale | $1,475,000 | -- | $453 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26133079
APN: 339-225-11
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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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