NOT LISTED FOR SALE

318 E Wilshire Ave Fullerton, CA 92832

Fullerton Area
7 Beds
6 Baths
4,000 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: May 6, 2016

Last sale price $1,060,000 $265 Per Sq Ft

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near public transit
  • Lawn
  • Fullerton Union High School Rated A-
  • Wood Flooring
  • 3-minute walk to Plaza Park

About This Home

As of May 2016

Very Desirable and Rare On The Market Four-Plex Purchase Opportunity. Located in the heart of Fullerton College and very nearby downtown Fullerton. Unit A 3/2.5, 2 story very spacious townhouse style, 2 car garage with own washer dryer hook up, 2 extra outside parking, very large master bed bath with vaulted ceilings, separate living and dining room. Unit B 2/2 with its own bright master bed bath, dining and living room are open to each other, kitchen has breakfast counter, private rear yard with cover patio area, extra outside parking space. Unit C 1/1, up stair, spacious living room has vaulted ceiling, kitchen with breakfast counter, laminated wood floor, balcony; Unit D 1/1, Up stair, spacious living area room also has vaulted ceiling, double-door to master bed/bath, kitchen with breakfast counter bar, laminated wood floor, private front patio area. Unit B, C, and D all have single car garage with own storage space, new roll-up door/lock. Private laundry room is for unit A, B, and C. Each unit has central heating, air conditioning, and fireplace. Centrally located in city of Fullerton which offer much of building characters, and close to all the convenience. Low to none vacancy. Long term tenants. Act fast this opportunity won't last long for sure.

Last Agent to Sell the Property

Wayne Yau

Landmark Realty Group License #01374388 Listed on: 03/03/2016

Last Buyer's Agent

Scott Lidgard

Andrew Lidgard Real Estate Inc License #00825141

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Back Yard
  • On-Hand Building Permits

Parking

  • 5 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Storage

Kitchen

  • Gas Cooktop
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 6 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8276
  • Tax Tract Number 276
  • Assessor Parcel Number 03308105

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $1,000
  • Insurance Expense $1,841
  • Pest Control $315
  • Trash Expense $340
  • Water Sewer Expense $2,275
  • New Taxes Expense $10,560
  • Gross Income $5,400
  • Net Operating Income $47,837

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

6,970 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2275.00
  • Property Condition: Building Permit, Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 03308105
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Formica Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 265.00
  • Room Type: Dressing Area, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Built-In Storage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Community, Gas Dryer Hookup, In Garage
  • Pest Control Expense: 315.00
  • Trash Expense: 340.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Lawn, Landscaped, Lot 6500-9999, Level with Street, Paved, Near Public Transit
  • Lot Size Sq Ft: 6970.00
  • Price Per Lot Square Foot: 152.08
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 5400.00
  • Gross Scheduled Income: 64800.00
  • Insurance Expense: 1841.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 47837.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 2
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 16963.00
  • Rent Control: No
  • Total Actual Rent: 5400.00

Tax Info

  • New Taxes Expense: 10560.00
  • Tax Lot: 8276
  • Tax Tract Number: 276

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
Jul 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2016
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
$408,000
Interest Rate
0.0347%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 16, 2016
Sold by
Bought by
Seller's Agent
Wayne Yau
Landmark Realty Group
Buyer's Agent
Scott Lidgard
Andrew Lidgard Real Estate Inc
List Price
$960,000
Sold Price
$1,060,000
Premium/Discount to List
$100,000
10.42%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Bought by
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
-- None Available
-- Nextitle
$1,060,000 Fidelity National 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
Open $408,000
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
05/06/2016 05/06/16 Sold $1,060,000 +10.4% $265 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $960,000 -- $240 / 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 $13,929 $1,230,217 $941,331 $288,886
2024 $13,929 $1,206,096 $922,874 $283,222
2023 $13,591 $1,182,448 $904,779 $277,669
2022 $13,496 $1,159,263 $887,038 $272,225
2021 $13,265 $1,136,533 $869,645 $266,888
2020 $13,191 $1,124,880 $860,728 $264,152
2019 $12,854 $1,102,824 $843,851 $258,973
2018 $12,662 $1,081,200 $827,304 $253,896
2017 $12,684 $1,081,200 $827,304 $253,896
2016 $5,944 $461,907 $77,169 $384,738
2015 $5,786 $454,969 $76,010 $378,959
2014 $5,626 $446,057 $74,521 $371,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16046405

California Regional Multiple Listing Service (CRMLS)

APN: 033-081-05

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