$1,750,000
$1,750,000
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9,583 Sqft Lot
SOLD DATE : 10/17/2022
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Fairway Village (Frvl)
MLS Listing ID PW22148926
Sold Date 10/17/22
HOA Y/N No
Year Built 1959
Lot Size 9,583 Sqft
Property Description
This 5-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. The property offers an attractive unit mix consisting of (4) two-bedroom floor plans and (1) one-bedroom floor plan, along with amenities including private patios or balconies, on-site laundry, and garage parking. The property benefits from its close proximity to California State University, Fullerton (CSUF) and St Jude Medical Center. The Property is situated in close proximity to State Route 57 and Harbor Blvd, connecting residents to regional employment hubs.
Value Add Opportunity. Upside to Market rents approximately 30%-40%. 5 - single car garages. Each unit has private patio. Small private inground pool as a tenant amenity.
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Flooring Carpet, Tile, Vinyl
Fireplace No
Laundry Common Area
Exterior
Garage Door-Single, Garage, Garage Faces Side
Garage Spaces 5.0
Garage Description 5.0
Pool Fenced, Filtered, Gunite, In Ground, Private, Solar Heat
Community Features Curbs
Parking Type Door-Single, Garage, Garage Faces Side
Total Parking Spaces 5
Private Pool Yes
Building
Lot Description 2-5 Units/Acre, Cul-De-Sac, Irregular Lot
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 02833022
Energy Description 2312.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Jason Kirklen • Kirklen Investment Group