3106 Garnet Lane, Fullerton, CA 92831

$1,450,000

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Sold Price
$1,450,000
List Price
$1,495,000
Closing Date
Sep 26, 2023
Status
CLOSED
MLS#
PW23035843
Year Built
1964
Lot Size
7,405
Acres
0.17
Lot Location
2-5 Units/Acre, Sprinklers In Front
Days on Market
149
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels
Neighborhood
Bluffs (Bluf)

Property Description

Back on market! Fell out of escrow by no fault of property-- property is in good condition. This is a fully occupied 4 Unit property located in the city of Fullerton near Cal State Fullerton, Target, Brea Mall, 57 frwy, etc in stable rental neighborhood. This investment offers an owner occupier or investor a chance to acquire a low maintenance rental property in a high demand rental market. This entire property is comprised of a 3,258 SF building with (4) 2/1 units, each with their own private patios, and garages in the back for secured parking and storage. All of the units are long term tenant on a m/m, and offer huge opportunity for a new investor to increase cash flow. Great Location in Fullerton in North Orange County near Yorba Linda, Placentia, Brea, Anaheim, Angels Stadium, CSUF and JR College, Shopping centers and 57 Freeway.

Additional Information

Pool Description
None
Fireplace Description
Family Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Garage Spaces Total
6
Sewer
Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$98,640
Operating Expense
23920

Listing courtesy of Listing Agent: Brad New (Brad@vanguardproperty.com) from Listing Office: Vanguard Property Group.

Listing sold by Hai Pham from Realty Solutions

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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.