NOT LISTED FOR SALE

4030 Franklin Ave Fullerton, CA 92833

Fullerton Area
2 Beds
2 Baths
3,600 Sq Ft
9,248 Sq Ft Lot

Sale Details

Date Sold: February 22, 2018

Last sale price $1,332,200 $370 Per Sq Ft

158 Days on Market

Highlights

  • Gated Community
  • Private Yard
  • Landscaped
  • D. Russell Parks Junior High School Rated A-
  • No HOA
  • Wrought Iron Fence

About This Home

As of February 2018

Back on the market. This property features 4 units with 2 bedrooms up stairs, 1.5 baths, one up stairs and one down stairs. Built in 1988. Each unit has a private backyard and patio. Townhouse style units, each measuring 900 square feet. Each units has garage parking and there's a on site laundry room. There is also extra storage space. The whole building is gated and fence in. This building is a great investment opportunity. Seller did some added work to each unit, new carpet, painted inside, fix electronic gate, added a hook up for each unit to have it's own washer & dryer.

Last Agent to Sell the Property

David Belasco

Keller Williams Realty License #00939551 Listed on: 09/07/2017

Keller Williams Realty

Last Buyer's Agent

Diana Lee

Home Team Realty License #00990486

Home Team Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1988

Lot Details

  • 9,248 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Landscaped
  • Private Yard

Parking

  • 6 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • Window Screens

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 35
  • Tax Tract Number 783
  • Assessor Parcel Number 07022319

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $1,350
  • Insurance Expense $1,450
  • Maintenance Expense $2,000
  • Other Expense $2,000
  • Trash Expense $1,300
  • Water Sewer Expense $1,325
  • New Taxes Expense $17,500
  • Operating Expense $26,925
  • Gross Income $84,000
  • Net Operating Income $54,555

Additional Features

  • Laundry Facilities
  • Gated Community

Townhouse Details

Home Type

Townhome

Year Built

Built in 1988

Lot Details

9,248 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: orther
  • Water Sewer Expenses: 1325.00
  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Parcel Number: 07022319
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 370.06
  • Room Type: All Bedrooms Up
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 9248.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Other, Telephone

Multi Family

  • Electric Expense: 1350.00
  • Gross Income: 84000.00
  • Gross Operating Income: 81480.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 1450.00
  • Maintenance Expense: 2000.00
  • Net Operating Income: 54555.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 26925.00
  • Other Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 26925.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Census Tract: 18.01
  • Tax Lot: 35
  • Tax Tract Number: 783

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
Sep 7, 2017
Closed on
Feb 13, 2018
Sold by
Bought by
Seller's Agent
David Belasco
Keller Williams Realty
Buyer's Agent
Diana Lee
Home Team Realty
List Price
$1,324,888
Sold Price
$1,332,200
Premium/Discount to List
$7,312
0.55%

Purchase Details

Listed on
Sep 7, 2017
Closed on
Feb 12, 2018
Sold by
Bought by
Seller's Agent
David Belasco
Keller Williams Realty
Buyer's Agent
Diana Lee
Home Team Realty
List Price
$1,324,888
Sold Price
$1,332,200
Premium/Discount to List
$7,312
0.55%

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jul 15, 2016
Sold by
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
David Belasco
Keller Williams Realty
List Price
$875,000
Sold Price
$950,000
Premium/Discount to List
$75,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%

Purchase Details

Closed on
Mar 9, 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
$712,500
Interest Rate
0.0359%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 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
$712,500
Interest Rate
0.0359%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2013
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
$328,000
Interest Rate
0.0446%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2005
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
$362,500
Interest Rate
0.0581%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2002
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
$329,000
Interest Rate
0.0337%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 1993
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
$1,332,500 Chicago Title Co
-- None Available
-- Chicago Title Company
$950,000 Chicago Title Company
-- Western Resources Title
-- Western Resources Title
-- None Available
$910,000 Fidelity National Title
$540,000 Commonwealth 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
Previous Owner $712,500
Previous Owner $328,000
Previous Owner $362,500
Previous Owner $100,000
Previous Owner $329,000
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 Prior Sale
02/22/2018 02/22/18 Sold $1,332,200 +0.6% $370 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
12/02/2017 12/02/17 Price Changed $1,324,888 0.0% $368 / Sq Ft
12/02/2017 12/02/17 For Sale $1,324,888 -3.6% $368 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
10/20/2017 10/20/17 Price Changed $1,374,888 -1.8% $382 / Sq Ft
09/27/2017 09/27/17 Price Changed $1,399,950 -3.4% $389 / Sq Ft
09/07/2017 09/07/17 For Sale $1,449,950 +52.6% $403 / Sq Ft
06/01/2016 06/01/16 Sold $950,000 +8.6% $264 / Sq Ft View Prior Sale
02/18/2016 02/18/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $875,000 -- $243 / 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 $16,933 $1,516,155 $1,206,987 $309,168
2024 $16,933 $1,486,427 $1,183,321 $303,106
2023 $16,525 $1,457,282 $1,160,119 $297,163
2022 $16,414 $1,428,708 $1,137,371 $291,337
2021 $16,131 $1,400,695 $1,115,070 $285,625
2020 $16,043 $1,386,333 $1,103,636 $282,697
2019 $15,627 $1,359,150 $1,081,996 $277,154
2018 $11,670 $988,380 $694,599 $293,781
2017 $11,477 $969,000 $680,979 $288,021
2016 $10,381 $870,572 $553,865 $316,707
2015 $10,096 $857,496 $545,546 $311,950
2014 $9,808 $840,699 $534,859 $305,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17206880

California Regional Multiple Listing Service (CRMLS)

APN: 070-223-19

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