231 W Knepp Ave, Fullerton, CA 92832
- $1,450,000
- Sold Price
- $1,450,000
- List Price
- $1,450,000
- Closing Date
- Dec 16, 2024
- Status
- CLOSED
- MLS#
- 240022478SD
- Year Built
- 1958
- Days on Market
- 30
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
This prime Fullerton property, located near Cal State Fullerton, features four spacious 2-bedroom, 1-bathroom units perfect for off-campus student housing. With strong rental demand and garages both on-site and in the alley, this property offers convenient parking options. The long term tenants currently occupying the spacious units include tenants occupying units for over five years, alongside residents that have called 231 W Knepp home for over twenty years. There is significant upside potential for rent growth, making it an excellent value-add investment opportunity.
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Additional Information
- Cooling Description
- None, Wall/Window Unit(s)
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $72,000
Listing courtesy of Listing Agent: Tyler Brand (tyler@jlmcre.com) from Listing Office: JLM Real Estate Inc.
Listing sold by Tyler Brand from JLM Real Estate Inc
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.