539 W Amerige Ave Fullerton, CA 92832
Active
$2,950,000
3 Units
8 Beds
7 Baths
3,434 Area(sq.ft.)
7,500 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 4 | 2.50 | No | $ 4,950 | $ 4,950 | $ 4,950 |
| Unit 2 | 1 | 3 | 2 | No | $ 3,800 | $ 3,800 | $ 3,800 |
| Unit 3 | 1 | 2 | 2 | No | $ 3,500 | $ 3,500 | $ 3,500 |
| 3 | 3 | 9 | 7 | $ 12,250 | $ 12,250 | $ 12,250 |
| MLS #: | 24-464853 |
| Days On Market: | 8 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 859 |
| Price per unit: | $ 983,333 |
| Year Built: | 1922 |
Property Details
An exceptional opportunity awaits with this versatile triplex, perfectly suited for multi-generational living or as a prime investment in a high-demand rental area. Thoughtfully designed and upgraded, this property offers modern comforts, separate utility metering, and the flexibility to live in one unit while renting the others or lease all three for a lucrative return. The front house, spanning 1,577 sq ft, features 4 bedrooms and 2.5 baths. Recently remodeled, it boasts upgrades that include a new roof, updated plumbing and electrical systems, and premium finishes throughout. The spacious kitchen is equipped with brand-new Samsung appliances, including a refrigerator, stove, and dishwasher, creating a contemporary and functional living space. The ADU is a newly constructed 941 sq ft unit with 3 bedrooms and 2 baths, a 1-car garage, and a versatile attic space for added storage or creative use. It offers a move-in-ready experience, complete with a full suite of brand-new appliances. This unit, like the others, is separately metered for gas, water, and electricity, minimizing operational costs. The Junior ADU provides 916 sq ft of space, including 2 bedrooms, 2 baths, and a den. Designed for modern living, it features a large attic space and comes fully outfitted with new appliances, including a Samsung refrigerator, stove, and dishwasher. It is also separately metered, ensuring maximum convenience for landlords and tenants alike. This property is centrally located near Downtown Fullerton, providing easy access to shopping, dining, parks, schools, and major freeways. Ideal for first-time buyers, families, or investors, this triplex combines premium upgrades, separate utility metering, ample parking, and an unbeatable location, offering excellent potential in a thriving rental market.Interested in this Listing?
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Income Details
| Vacancy Rate: | 100% |
| Gross Operating Income: | $ 12,250 |
| Total Annual Expense: | $ 33,000 |
| Net Operating Income: | $ 10,000 |
| Gross Annual Income: | $ 12,250 |
| Cap Rate: | 4% |
| Gross Rent Multiplier: | 19.00 |
Structure
| Type of Units: | Triplex |
| Buildings: | 2 |
| Levels: | One |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Uncovered, Garage - 1 Car |
Interior
| AC/Cooling: | Central |
| Equipment: | Refrigerator, Washer, Dishwasher, Range/Oven, Dryer |
| Heating: | Central |
Exterior
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