NOT LISTED FOR SALE

345 E Truslow Ave Fullerton, CA 92832

Downtown Fullerton Neighborhood

Estimated Value: $845,000 - $1,435,000

5 Beds
3 Baths
2,500 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: September 17, 2013

Last sale price $599,000 $240 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,196 / mo

35 Days on Market

Highlights

  • Fireplace in Bathroom
  • Fullerton Union High School Rated A-
  • No HOA

About This Home

As of September 2013

This three separate Single family homes on a lot No association fees. These homes are a cash cow rents collected $ rents are $4,100 month expenses are very low since tenants pay all utilities. There is also a new home that is on the lot built from the ground as a rebuild of the old structure. Great homes near night life Fullerton college and shopping. All units are rented with great tenants. These units have been totally restored inside and out granite countertops new cabinets all new bathroom, plumbing redone copper piping new tile, laminate floors and new paint. Only expenses are taxes and loan payment. That's it. There is only one parcel all structures are permitted. 3rd brand new house and two car garage Grandfathered in to comply with zoning. There are 2 2/1 homes with washer and dryer hook up and a brand new 1/1 with attic that has been converted to a living room without permit. There is also a new detached 2 car garage that was also built and a 2car carport a total of 4 car spaces. Garage is used as storage space at this time. These properties have three separate addresses 313 s . Lawrence Ave.,315 s. Lawrence Ave , and 345 Truslow ave. The property has three APN's 033-093-004/033-093-004.500/033-093-004.006

Last Agent to Sell the Property

Akeli Slade

Grand Avenue Realty & Lending License #01842278 Listed on: 07/29/2013

Last Buyer's Agent

Wilma Lin

METRO REAL ESTATE GROUP License #01702717

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 8,208 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Listing and Financial Details

  • Assessor Parcel Number 03309304

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $300
  • New Taxes Expense $3,000
  • Gross Income $4,100
  • Net Operating Income $46,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

8,208 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 03309304
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Fireplace Features: Bath
  • Price Per Square Foot: 239.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8208.00
  • Lot Size Acres: 0.1880

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 300.00
  • Lot Size Area: 8208.0000 Square Feet
  • Net Operating Income: 46200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 4100.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 0000
  • Tax Tract Number: 000

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
Jul 29, 2013
Closed on
Sep 3, 2013
Sold by
Bought by
Seller's Agent
Akeli Slade
Grand Avenue Realty & Lending
Buyer's Agent
Wilma Lin
METRO REAL ESTATE GROUP
List Price
$499,000
Sold Price
$599,000
Premium/Discount to List
$100,000
20.04%
Current Estimated Value
$1,018,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,382
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
Jul 29, 2013
Closed on
Jul 22, 2013
Sold by
Bought by
Seller's Agent
Akeli Slade
Grand Avenue Realty & Lending
Buyer's Agent
Wilma Lin
METRO REAL ESTATE GROUP
List Price
$499,000
Sold Price
$599,000
Premium/Discount to List
$100,000
20.04%

Purchase Details

Closed on
Sep 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2010
Sold by
Bought by

Purchase Details

Closed on
May 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2001
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
$200,450
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
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
$84,000
Interest Rate
6.99%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$599,000 Orange Coast Title Company
-- Orange Coast Title Company O
-- None Available
-- None Available
$210,000 Lsi Title Company
$275,152 Accommodation
-- Orange Coast Title Companies
$211,000 American Title Co
-- American Title Ins 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 $200,450
Previous Owner $84,000
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
09/17/2013 09/17/13 Sold $599,000 +20.0% $240 / Sq Ft
09/02/2013 09/02/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $499,000 -- $200 / 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 $8,479 $734,285 $615,742 $118,543
2024 $8,479 $719,888 $603,669 $116,219
2023 $8,271 $705,773 $591,832 $113,941
2022 $8,210 $691,935 $580,228 $111,707
2021 $8,070 $678,368 $568,851 $109,517
2020 $8,024 $671,413 $563,018 $108,395
2019 $7,823 $658,249 $551,979 $106,270
2018 $7,706 $645,343 $541,156 $104,187
2017 $7,580 $632,690 $530,545 $102,145
2016 $7,425 $620,285 $520,142 $100,143
2015 $7,222 $610,968 $512,329 $98,639
2014 $7,017 $599,000 $502,293 $96,707
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Akeli Slade

    Grand Avenue Realty & Lending

  • W

    Buyer's Agent in 2013

    Wilma Lin

    METRO REAL ESTATE GROUP

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13149776

California Regional Multiple Listing Service (CRMLS)

APN: 033-093-04

California Orange County Fullerton 92832 Downtown Fullerton

345 E Truslow Ave, Fullerton, CA

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California Regional Multiple Listing Service (CRMLS) 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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