$3,150,000

3750 Franklin Ave Fullerton, CA 92833

Estimated payment $19,785/month

Total Views 4,563
3 Beds
2 Baths
6,881 Sq Ft
$458 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • No HOA
  • Laundry Room
  • D. Russell Parks Junior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking

About This Home

We are pleased to present 3750 W Franklin Ave, a garden-style, ten-unit multifamily asset situated on an expansive ±19,042 square foot lot in Fullerton, CA. Constructed in 1972, the property features a desirable mix of six two-bed, one-bath units and four one-bed, one-bath units. With a low-density, mostly single-story layout centered around a landscaped courtyard, the property offers key amenities such as two on-site laundry rooms (owner-owned machines), fourteen garage parking spaces with 3 additional surface spots, wall/window A/C units, and separately metered gas and electric for each unit. Several units also feature private yard space, further enhancing tenant retention and rental appeal.

Strategically positioned near the Fullerton-Buena Park border with immediate access to the 5 and 91 Freeways, the asset benefits from proximity to Knott’s Berry Farm, The Source OC, and numerous retail and dining destinations.

DESIRABLE UNIT MIX
Six 2-bed/1-bath units and four 1-bed/1-bath units

LARGE ±19,042 SF LOT
Low density mostly single-story construction

GARAGE PARKING
Fourteen garages plus three additional onsite surface parking

FUNCTIONAL LAYOUT
Garden-style configuration with mostly single-story construction and center courtyard

CONVENIENT AMENITIES
Two on-site laundry rooms (owned / not leased), wall/window A/C, and some private yards

SEPARATELY METERED
Separate gas and electric meters for each unit

PRIME LOCATION
Easy access to Beach Blvd, the 5 and 91 Freeways, and major commercial corridors

Listing Agent

Mark Bridge

Mark Bridge, Broker Brokerage Email: Mark.Bridge@matthews.com License #01316702 Listed on: 08/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 14 Car Garage
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,881 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 783
  • Assessor Parcel Number 07022405
  • $2,660 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $747
  • Fuel Expense $3,447
  • Gardener Expense $1,200
  • Insurance Expense $12,742
  • Maintenance Expense $5,000
  • Other Expense $2,660
  • Pest Control $1,200
  • Professional Management Expense $9,010
  • Trash Expense $3,484
  • Water Sewer Expense $8,786
  • New Taxes Expense $33,579
  • Operating Expense $81,855
  • Gross Income $225,240
  • Net Operating Income $137,688

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

14

Listing Details

  • CapRate: 4.40
  • Price Per Unit: 315000
  • Professional Management Expense: 9010.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Nonspecific
  • Water Sewer Expenses: 8786.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 07022405
  • Year Built: 1972
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 457.78
  • Room Type: Entry, Kitchen, Primary Bathroom, Primary Bedroom

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 14.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Garage - Single Door, Uncovered
  • Total Parking Spaces: 17.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 3484.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 19166.40
  • Lot Size Acres: 0.4400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 625 Square Feet
  • Average2 Bed Area: 730 Square Feet
  • Electric Expense: 747.00
  • Fuel Expense: 3447.00
  • Gross Income: 225240.00
  • Gross Multiplier: 13.90
  • Gross Operating Income: 219543.00
  • Gross Scheduled Income: 225240.00
  • Gross Spendable Income: 137688.00
  • Insurance Expense: 12742.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1060.00
  • Lot Size Area: 0.4400 Acres
  • Maintenance Expense: 5000.00
  • Net Operating Income: 137688.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Number With Disposal: 10
  • Number With Range: 10
  • Operating Expense: 81855.00
  • Operating Expense Percent: 37.30
  • Other Expense: 2660.00
  • Rent Control: No
  • Total Expenses: 81855.00
  • Vacancy Allowance: 6757
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 33579.00
  • Tax Census Tract: 18.01
  • Tax Lot: 27
  • Tax Tract Number: 783
  • TaxOtherAnnualAssessmentAmount: 2660.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $3,150,000 -- $458 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25179173

California Regional Multiple Listing Service (CRMLS)
California Orange County Fullerton 92833

3750 Franklin Ave, Fullerton, CA

This home is located at 3750 Franklin Ave, Fullerton, CA 92833 and is currently priced at $3,150,000, approximately $457 per square foot. This property was built in 1972. 3750 Franklin Ave is a home located in Orange County with nearby schools including Valencia Park Elementary School, D. Russell Parks Junior High School, and Buena Park High School.

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.

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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Mark Bridge
Listing Agent
Mark Bridge
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Mark Bridge, Broker
(657) 341-0655