3921 Franklin AVE Fullerton, CA 92833
Active
$2,500,000
4 Units
11 Beds
7 Baths
5,278 Area(sq.ft.)
9,500 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 3 | 1 | No | $ 3,800 | $ 3,800 | $ 3,800 |
Unit 2 | 1 | 4 | 2 | No | $ 4,300 | $ 4,300 | $ 4,300 |
Unit 3 | 1 | 2 | 2 | No | $ 3,000 | $ 3,000 | $ 3,000 |
Unit 4 | 1 | 2 | 2 | No | $ 3,000 | $ 3,000 | $ 3,000 |
4 | 4 | 11 | 7 | $ 14,100 | $ 14,100 | $ 14,100 |
MLS #: | OC24205765MR |
Days On Market: | 0 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 474 |
Price per unit: | $ 625,000 |
Year Built: | 1946 |
Property Details
Exciting Income Property Opportunity in Fullerton Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio. The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances. This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925)Interested in this Listing?
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Income Details
Rent Control: | False |
Total Annual Expense: | $ 31,657 |
Net Operating Income: | $ 137,543 |
Structure
Community Features: | Park |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Parking Garage: | None |
Interior
AC/Cooling: | Central |
Heating: | Central |
Fireplace Rooms: | None |
Laundry: | Gas Or Electric Dryer Hookup, Washer Hookup |
Exterior
Pool: | No |
Detailed Map
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