NOT LISTED FOR SALE

513 W Wilshire Ave Fullerton, CA 92832

6 Beds
5 Baths
3,162 Sq Ft
1924 Built

Last Sold December 11, 2017

Last sale price $1,150,000 $364 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Converted Garage
  • Laundry Room
  • Golden Hill Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Ford Park

About This Home

As of December 2017

A Great 5 Unit Investment Opportunity!!!! 100% Occupied. 4 Units: 1 Bedroom+ 1 Bathroom & 1 Unit: 2 Bedroom + 1 Bathroom. Separately Metered for Gas and Electricity. Tenants pay their own gas and electric. Separate Laundry Room On Site. 4 Attached Garages along with 2 Detached Garages. Conveniently near Downtown Fullerton, COSTCO, Theatre and Shopping.

Last Agent to Sell the Property

Ryan Christensen

The Ryan Real Estate Group Inc License #01471834 Listed on: 10/05/2017

Last Buyer's Agent

Mark Bridge

Mark Bridge, Broker License #01316702

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 9,056 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Front and Side Yard Sprinklers

Parking

  • 6 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 3,162 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 446
  • Assessor Parcel Number 03206421

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $383
  • Insurance Expense $2,341
  • Professional Management Expense $3,672
  • Water Sewer Expense $3,085
  • New Taxes Expense $10,000
  • Operating Expense $19,481
  • Gross Income $68,100
  • Net Operating Income $56,254

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

6

Listing Details

  • Professional Management Expense: 3672.00
  • Property Attached: Yes
  • Subdivision Name Other: 5 plex
  • Water Sewer Expenses: 3085.00
  • Property Type: Residential Income
  • Parcel Number: 03206421
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 363.69

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 9056.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 383.00
  • Gross Income: 68100.00
  • Gross Scheduled Income: 68100.00
  • Insurance Expense: 2341.00
  • Laundry Income: 700.00
  • Net Operating Income: 56254.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Patio: 2
  • Number With Refrigerator: 5
  • Operating Expense: 11846.00
  • Rent Control: No
  • Total Actual Rent: 5675.00
  • Total Expenses: 19481.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Census Tract: 112.00
  • Tax Lot: 4
  • Tax Tract Number: 446

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
12/11/2017 12/11/17 Sold $1,150,000 -4.1% $364 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $1,199,000 -- $379 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Christensen

    Seller's Agent in 2017

    Ryan Christensen

    The Ryan Real Estate Group Inc

    (714) 991-3137

    2 in this area

    25 Total Sales

    Ryan Christensen
    Section Image
  • Mark Bridge

    Buyer's Agent in 2017

    Mark Bridge

    Mark Bridge, Broker

    (949) 419-3200

    50 Total Sales

    Mark Bridge
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17229785

California Regional Multiple Listing Service (CRMLS)
California Orange County Fullerton 92832

513 W Wilshire Ave, Fullerton, CA

This home is located at 513 W Wilshire Ave, Fullerton, CA 92832 since 05 October 2017. This property was built in 1924. 513 W Wilshire Ave is a home located in Orange County with nearby schools including Golden Hill Elementary School, Nicolas Junior High School, and Fullerton Union 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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