$1,600,000
3112 Pearl Dr Fullerton, CA 92831
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$1,600,000
Est. payment /mo
8 Beds
8 Baths
955 SqFt
UPDATED:
09/09/2024 10:24 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 955 sqft
Price per Sqft $1,675
MLS Listing ID 240021349
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 1964
Property Description
Value-Add Investment Opportunity: Four-Unit Apartment Building Near California State University, Fullerton This four-unit apartment building in Fullerton, California, offers a prime value-add investment opportunity. Generating $8,340 in monthly rental income, the property features four spacious 2-bedroom, 2-bathroom units with a mix of tile and carpet flooring, combining durability with comfort. Additional amenities include six single-car garages, providing secure parking and extra storage, and on-site laundry facilities for tenant convenience. Located in close proximity to California State University, Fullerton, this property benefits from high rental demand driven by students and university staff. The desirable neighborhood offers easy access to downtown, parks, and major highways, ensuring strong occupancy rates and significant potential for increased returns.
Location
State CA
County Orange
Area Oc - Fullerton (92831)
Exterior
Exterior Feature Other/Remarks
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Space Rent $2,085
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
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Listed by Adrian Gonzalez-Pureco • South Coast Commercial, Inc.