900 E Chapman AVE Fullerton, CA 92831
Sale
$1,980,000
6 Units
6 Beds
6 Baths
4,674 Area(sq.ft.)
13,068 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,050 | $ 2,050 | $ 2,200 |
| Unit 2 | 1 | 1 | 1 | No | $ 2,200 | $ 2,200 | $ 2,200 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,900 | $ 1,900 | $ 2,200 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,730 | $ 1,730 | $ 2,200 |
| Unit 5 | 1 | 1 | 1 | No | $ 1,730 | $ 1,730 | $ 2,200 |
| Unit 6 | 1 | 1 | 1 | No | $ 1,650 | $ 1,650 | $ 2,200 |
| 6 | 6 | 6 | 6 | $ 11,260 | $ 11,260 | $ 13,200 |
| MLS #: | PW24067398MR |
| Days On Market: | 4 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 424 |
| Price per unit: | $ 330,000 |
| Year Built: | 1929 |
Property Details
** 6-Unit Multifamily Investment Opportunity on a Large Lot ** The property is located in very desirable rental area in City of Fullerton & One of the premier rental markets in Orange County ** 6-Units over 3 free standing buildings ** All 6-units are 1 bedroom,1 bath & well maintained ** 3 Units recently remodeled, including: new kitchen cabinets, Quartz counter tops, stainless steel appliances & remodeled 3 bathrooms, new interior paint and new dual pane window ** Always fully occupied with long terms tenants ** Gas & Electric are separate meters ** 6 Single Car garages with additional dedicated parking spaces ** Close to Downtown Fullerton shops, restaurants, business offices, Fullerton College, Cal State Fullerton, Metro Station and 57, 91 FWY ** Much More **Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 135,120 |
| Total Annual Expense: | $ 40,536 |
| Net Operating Income: | $ 94,584 |
| Cap Rate: | 4.8% |
| Actual Gross Rent: | $ 11,260 |
Structure
| Community Features: | Street Lights |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | In Street Paid, Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Driveway, Garage, Parking Space |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Heating: | Floor Furnace, Space Heater |
| Fireplace Rooms: | None |
| Laundry: | In Kitchen |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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Income
