709 E Santa Fe AVE Fullerton, CA 92831
Sale
$2,125,000
6 Units
1 Beds
1 Baths
4,430 Area(sq.ft.)
7,840 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 6 | 1 | 1 | No | $ 11,892 | $ 11,892 | $ 13,200 |
1 | 6 | 6 | 6 | $ 71,352 | $ 71,352 | $ 79,200 |
MLS #: | OC24050264MR |
Days On Market: | 0 |
County: | Orange County |
Property Type: | Residential Income |
Price per ft2: | $ 480 |
Price per unit: | $ 354,167 |
Year Built: | 1960 |
Property Details
709 East Santa Fe Avenue is a 6-unit multifamily investment property located in Fullerton, California. Built in 1960, 709 East Santa Fe Avenue offers six, spacious one-bedroom floor plans measuring approximately 738 square feet. The property features amenities including gated pedestrian access, a large community courtyard, an on-site laundry facility and ample garage parking. 709 East Santa Fe Avenue has an attractive Fullerton location, within walking distance of Downtown Fullerton, providing residents with convenient access to a plethora of shopping, dining, and entertainment options. The property benefits from its close proximity, just 0.40 miles, to Fullerton College, a major economic and housing driver for the area. Additionally, residents enjoy easy access to an abundance of everyday needs at Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, conveniently located within a 1-mile radius of 709 East Santa Fe Avenue. Furthermore, the property is just over 1.50 miles from both California State University, Fullerton (CSUF), and Providence, St. Jude Medical Center, two of the city s premier employers with 3,000 and 1,000 employees respectively, per the city s 2023 Annual Comprehensive Financial Report.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Rent Control: | False |
Gross Operating Income: | $ 138,423 |
Total Annual Expense: | $ 44,279 |
Net Operating Income: | $ 95,944 |
Cap Rate: | 4.52% |
Gross Rent Multiplier: | 14.71 |
Structure
Community Features: | Curbs, Gutters, Sidewalks |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Land Lease Type: | Fee |
Interior
Laundry: | Community |
Exterior
Pool: | No |
Detailed Map
Schools
Find a great school for your child