3037 Garnet Lane, Fullerton, CA 92831

$1,395,000

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Sold Price
$1,395,000
List Price
$1,471,000
Closing Date
Oct 24, 2025
Status
CLOSED
MLS#
OC25067292
Year Built
1964
Lot Size
7,405
Acres
0.17
Lot Location
11-15 Units/Acre
Days on Market
176
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

The subject property features an extremely desirable unit mix comprised exclusively of two bedroom and one bath units totaling 3,258 square feet on a large, 7,405 square foot lot. 3037 Garnet Lane provides residents with amenities such as on-site laundry, six (6) garage parking spaces, private patios and walking distance to Pearl Park which features a playground, barbecue pits and picnic tables for residents to enjoy a nice outing. 3037 Garnet Lane also benefits from its strong location within the Fullerton sub-market being located near multiple shopping centers providing residents an abundance of shopping, entertainment, and dining options. The subject property is also located near a number of education institutions such as Kraemer Middle School, Valencia High School and Cal State Fullerton. Taking into consideration the subject property’s strong in-place rental income and 20% upside in rents, 3037 Garnet Lane offers a new owner an appealing opportunity to take advantage of the strong rental demand in the city of Fullerton.

Additional Information

Pool Description
None
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$96,000
Operating Expense
32581

Listing courtesy of Listing Agent: Jason Kirklen (jason@kig-usa.com) from Listing Office: Kirklen Investment Group.

Listing sold by John Babai from Arc Realty

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Calculator source: Real Geeks

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.