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Key Details
Sold Price $1,755,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision ,Other
MLS Listing ID PW22023108
Sold Date 03/28/22
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 7,840 Sqft
Property Sub-Type Quadruplex
Property Description
Gorgeous rare gem in Fullerton and perfect opportunity to own a great cash flow investment property. This well-maintained fourplex is located on a large lot of 7,841 sqft, huge 4,299 living sqft with 6 cars garage. There are three units of 2 bedrooms & 1 bathroom and one unit of 3 bedrooms and 2 bathrooms. Tenants took really good care of the units and the owner recently remodeled many major items including dual-pane windows, new kitchen cabinets with granite countertops, new bathtubs with nice tiles and vanities, waterproof vinyl flooring, new interior and exterior paint. Long term, peaceful and cooperative tenants that always pay rent on time. Strong cash flow with total rent of $86,400 per year. Onsite laundry room brings extra income for owner and convenience for tenants. The property has a strong advantage for rental since its close proximity to California State Fullerton and Fullerton College will bring a significant demand for student rental. Also the place is close to schools, malls, churches, banks, 57 and 91 freeways… that will provide the convenience for local residences. The property is sold AS IS, please Do Not Disturb tenants. This beautiful fourplex won't last long. Hurry before it's gone.
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Interior Features Granite Counters, Recessed Lighting
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Range Hood
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 6.0
Garage Description 6.0
Fence Wood
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Front Yard, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 33922306
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Stephen F. Watson Keller Williams Downtown LA
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