Seller's Agent in 2025
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
158 Total Sales
705 East Santa Fe Avenue is a fully renovated five-unit multifamily property in Fullerton, California. The asset combines a desirable mix of larger floor plans with extensive 2025 upgrades, offering investors a turnkey opportunity in a high-demand North Orange County market. The community features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one 4-bed/1-bath unit—layouts well-suited for families and long-term renters. The majority of units underwent a comprehensive renovation in 2025, and all units benefit from updated finishes, modern ceiling fans, and numerous contemporary improvements. The property provides six garage spaces, a competitive advantage in this submarket. Furthermore, the property was repiped with copper plumbing in 2019, further reducing near-term capital expenditure risk. Four units received full renovations in 2025, with upgrades including new vinyl flooring throughout, tile bathroom flooring, quartz countertops, shaker-style cabinets, all-in-one washer/dryers, stainless steel appliances, tile backsplashes, modern lighting and fixtures, and refinished bathrooms with new vanities. The renovated four-bedroom unit features new vinyl flooring, shaker-style cabinets, stainless steel appliances, and a granite countertop, along with a private laundry room created from the former community laundry area. Most windows throughout the property have been upgraded to dual-pane. 705 East Santa Fe Avenue is centrally located within one mile of several major Fullerton demand drivers, including Downtown Fullerton, the Fullerton Transportation Center, Fullerton Union High School, and Fullerton College. Residents also enjoy proximity to three major shopping centers at Harbor Boulevard and Orangethorpe Avenue (Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center). California State University, Fullerton lies just over 1.5 miles away, enhancing long-term renter demand.
Last Agent to Sell the Property
Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 07/25/2024
Last Buyer's Agent
Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 07/25/2024
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $2,295,000 | +50.5% | $446 / Sq Ft |
| 09/18/2024 09/18/24 | Sold | $1,525,000 | -10.8% | $321 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $1,710,000 | -- | $360 / Sq Ft |
| 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 | $6,340 | $1,525,000 | $1,339,354 | $185,646 |
| 2024 | $6,340 | $468,938 | $265,910 | $203,028 |
| 2023 | $6,177 | $459,744 | $260,696 | $199,048 |
| 2022 | $6,113 | $450,730 | $255,584 | $195,146 |
| 2021 | $6,012 | $441,893 | $250,573 | $191,320 |
| 2020 | $5,974 | $437,362 | $248,003 | $189,359 |
| 2019 | $5,843 | $428,787 | $243,140 | $185,647 |
| 2018 | $5,758 | $420,380 | $238,373 | $182,007 |
| 2017 | $5,666 | $412,138 | $233,699 | $178,439 |
| 2016 | $5,556 | $404,057 | $229,116 | $174,941 |
| 2015 | $5,412 | $397,988 | $225,674 | $172,314 |
| 2014 | $5,264 | $390,192 | $221,253 | $168,939 |
Seller's Agent in 2025
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
158 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24152840
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