NOT LISTED FOR SALE

438 W Wilshire Ave Fullerton, CA 92832

8 Beds
6 Baths
5,000 Sq Ft
6,970 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $1,467,500 $294 Per Sq Ft

9 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Laundry Room
  • Golden Hill Elementary School Rated A-
  • No HOA
  • 1-minute walk to Ford Park

About This Home

As of April 2018

Attractive and well maintained units in great area of Fullerton. Walk to downtown shops and restaurants or Fullerton College. Small neighborhood park across the street. Nice mix of 3, 2 and 1 bedrooms. All units have central AC and heat, each are separately metered for gas & electric. Garages for each unit and a central laundry room with leased equipment. A two car and a one car garage in front and two in back with alley access. Each unit is in good interior condition and each has either a patio or balcony. Wonderful, stable tenants. Easy to rent. Lease quickly because of location and condition.

Last Agent to Sell the Property

Laurie Haling - no sign

Asset Real Estate & Property Management License #00639724 Listed on: 02/27/2018

Last Buyer's Agent

Glara Choi

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Fence is in good condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Side Facing Garage
  • Two Garage Doors
  • Driveway Level
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Roof
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 03 / 032
  • Tax Tract Number 151
  • Assessor Parcel Number 03215103

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $412
  • Fuel Expense $916
  • Gardener Expense $840
  • Insurance Expense $1,412
  • Maintenance Expense $5,000
  • Pest Control $600
  • Trash Expense $493
  • Water Sewer Expense $2,181
  • New Taxes Expense $18,687
  • Operating Expense $30,541
  • Gross Income $89,790
  • Net Operating Income $69,918

Property Details

Home Type

Multi-Family

Year Built

Built in 1985 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: unknown
  • Water Sewer Expenses: 2181.00
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 03215103
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Vinyl
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 293.50
  • Window Features: Blinds, Drapes

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Pool Private: No
  • Roof: Wood
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Driveway Level, Garage, Garage Faces Rear, Garage Faces Side, Garage - Single Door, Garage - Two Door, Off Street, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 493.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Level, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6970.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1700 Square Feet
  • Electric Expense: 412.00
  • Fuel Expense: 916.00
  • Gross Income: 89790.00
  • Gross Operating Income: 89790.00
  • Gross Scheduled Income: 89790.00
  • Insurance Expense: 1412.00
  • Maintenance Expense: 5000.00
  • Net Operating Income: 69918.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 19872.00
  • Rent Control: No
  • Total Actual Rent: 7405.00
  • Total Expenses: 30541.00

Tax Info

  • New Taxes Expense: 18687.00
  • Tax Block: 032
  • Tax Census Tract: 112.00
  • Tax Lot: 03
  • Tax Tract Number: 151

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
04/06/2018 04/06/18 Sold $1,467,500 -1.8% $294 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,495,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18046151

California Regional Multiple Listing Service (CRMLS)

APN: 032-151-03