925 S Malden Ave Fullerton, CA 92832
Sale
$4,995,000
12 Units
17 Beds
13 Baths
10,121 Area(sq.ft.)
14,810 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 4 | 1 | 1 | No | $ 1,957 | $ 7,524 | $ 7,828 |
| Unit 2 | 5 | 2 | 1 | No | $ 2,236 | $ 10,750 | $ 11,180 |
| Unit 3 | 2 | 2 | 1 | No | $ 2,366 | $ 4,550 | $ 4,732 |
| Unit 4 | 1 | 3 | 2 | No | $ 2,808 | $ 2,700 | $ 2,808 |
| 4 | 12 | 21 | 13 | $ 26,548 | $ 95,646 | $ 99,484 |
| MLS #: | 24-356717 |
| Days On Market: | 25 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 494 |
| Price per unit: | $ 416,250 |
| Year Built: | 1962 |
Property Details
Embrace a golden investment opportunity with this exceptional 12-unit apartment complex in Fullerton, CA. Nestled in a prime location, this meticulously maintained property seamlessly combines modern living with convenience. Featuring a diverse mix of well-designed units, each boasting spacious layouts, residents will relish the comforts of home in a sought-after neighborhood. The property's lush landscaping enhances its curb appeal, creating a welcoming atmosphere for tenants. With ample parking, strategic proximity to schools, parks, and shopping, and a solid rental history, this multifamily gem stands as a lucrative venture for investors seeking both immediate returns and long-term growth in the thriving Southern California real estate market. Don't miss out on the chance to acquire this turnkey investment in one of Fullerton's most desirable locations.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 325,989 |
| Total Annual Expense: | $ 108,880 |
| Net Operating Income: | $ 217,109 |
| Gross Annual Income: | $ 325,989 |
| Cap Rate: | 4.3% |
| Gross Rent Multiplier: | 14.89 |
| Actual Gross Rent: | $ 335,546 |
| Actual Rent Total: | $ 325,989 |
Structure
| Type of Units: | 12 |
| Buildings: | 1 |
| Levels: | Two |
| Security Features: | None |
| Style: | Other |
| Water: | District |
Land & Parking
| Zoning: | R3 |
| Land Lease Type: | Fee |
| Parking Garage: | Garage Is Attached, Garage - 1 Car |
| Total Parking: | 12 |
Interior
| AC/Cooling: | Central |
| Equipment: | Range/Oven |
| Heating: | Central |
Exterior
Detailed Map
Schools
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Income
