3169 Quartz Lane, Fullerton, CA 92831

$4,100,000

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Sold Price
$4,100,000
List Price
$4,160,000
Closing Date
Jun 13, 2025
Status
CLOSED
MLS#
OC25017017
Year Built
1964
Lot Size
17,437
Acres
0.40
Lot Location
Corner Lot, Front Yard, Landscaped, Near Public Transit
Days on Market
131
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

The Quartz Lane Apartments is a nine-unit apartment community located in the highly desirable submarket of Fullerton within the Greater Orange County area. The property offers a very attractive unit mix consisting of (1) large two-bedroom/ two-bathroom townhouse and (8) large two-bedroom/ one-bathroom units totaling 9,831 square feet, situated over a large 17,437 square foot lot. The property has undergone recent renovations and upgrades of the interiors and exterior. Some upgrades include but are not limited to new windows, new kitchens, new appliances, recessed lighting, new bathrooms, new fencing / gates, new flooring, and new roofs. Tenant amenities include a large, nicely landscaped courtyard, large patios, enclosed garages, on-site laundry rooms, secured Amazon lockers, and large units featuring walk-in closets and double sink vanities. Fullerton is revered as “The Education Community”, and is home to award-winning public school systems and five universities/colleges, including California State University, Fullerton. The Quartz Lane Apartments offers a rare opportunity for an investor to acquire a well-located, stabilized, turn-key investment property in the desirable rental market of Fullerton, California. The location offers an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.

Additional Information

Pool Description
None
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
9
Gross Scheduled Income
$292,860
Operating Expense
67145

Listing courtesy of Listing Agent: Greg Bassirpou (gbassirpou@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

Listing sold by Mey Ly from T.N.G. Real Estate Consultants

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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.