131 N Montague Avenue, Fullerton, CA 92831
- $1,325,000
- Sold Price
- $1,325,000
- List Price
- $1,399,900
- Closing Date
- Jul 29, 2025
- Status
- CLOSED
- MLS#
- PW25042721
- Year Built
- 1959
- Lot Size
- 7,405
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 136
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullerton’s premier rental market. Ideally situated just over a mile from Cal State Fullerton, Downtown Fullerton, the Fullerton Train Station, and Fullerton College, this property benefits from strong rental demand. The Montague Drive Apartments feature highly desirable and rarely available single-story construction, with each unit offering a private yard, garage parking, and washer/dryer hookups. Exceptionally maintained over the years, the property boasts restored original hardwood floors, upgraded tile flooring in kitchens and bathrooms, newer windows, and fresh exterior paint—enhancing its curb appeal on a street lined with single-family homes. The building consists of two, 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit all with long term tenants in place. Since 2021 this property has received several internal upgrades including all new waste/sewer lines, a new Electrical main panel and 3 breaker boxes, new garage doors a full termite treatment including tenting and more.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $66,600
- Operating Expense
- 18295
Listing courtesy of Listing Agent: Clayton Kilbarger (clay@therealtorclay.com) from Listing Office: First Team Real Estate.
Listing sold by Bobby Rai from Omni Realty & Investments
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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.