1901 W Houston Avenue,  Fullerton CA, 92833 (Residential Income)

7,968 sqft
Status: Sold
MLS#: OC16174346
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Last Updated: 12/5/2016 2:27 AM
Description for 1901 W Houston Avenue Fullerton, CA 92833
We are pleased to present this 8 unit investment opportunity located in Fullerton, CA. The property consists of 8 two bedroom / one bathroom cottages with no common walls, an attached garage and one open space. Each unit has a fenced side and backyard and individual hot water heaters. Six units have A/C wall units and granite counter tops and four units contain washer/dryer hookups. The floor plans average nearly 1,000 square feet. All of the eight units have updated kitchens and bathrooms and new trim and paint. Also, four of the eight units have recently installed copper piping. This investment opportunity is close to California State University Fullerton and Fullerton Junior College, placing tenants in close proximity to educational opportunities. The property is also 2 miles from shopping centers such as Amerige Heights Town Center, Fullerton Metrocenter, and Buena Park Downtown. At just 4 miles, this asset is close to Knott’s Berry Farm, one of Orange County’s major entertainment theme parks. The property’s location is close to the 5, 57, and 91 freeways, providing tenants quick and easy access to the greater Southern California region.
Price
Sold Price:
$2,163,000
Sold Date:10/07/2016
Orange
7,968 (approx)
OC16174346
Closed
Description
We are pleased to present this 8 unit investment opportunity located in Fullerton, CA. The property consists of 8 two bedroom / one bathroom cottages with no common walls, an attached garage and one open space. Each unit has a fenced side and backyard and individual hot water heaters. Six units have A/C wall units and granite counter tops and four units contain washer/dryer hookups. The floor plans average nearly 1,000 square feet. All of the eight units have updated kitchens and bathrooms and new trim and paint. Also, four of the eight units have recently installed copper piping. This investment opportunity is close to California State University Fullerton and Fullerton Junior College, placing tenants in close proximity to educational opportunities. The property is also 2 miles from shopping centers such as Amerige Heights Town Center, Fullerton Metrocenter, and Buena Park Downtown. At just 4 miles, this asset is close to Knott’s Berry Farm, one of Orange County’s major entertainment theme parks. The property’s location is close to the 5, 57, and 91 freeways, providing tenants quick and easy access to the greater Southern California region.
Listing Information
Property Type: Cluster, Cottage
0.8 Acres 3,484,800 sq.ft. 7,968 (approx)
$271.46 1963
Yes- 8 spaces
8 Total
Neighborhood
Room Information
Exterior / Lot Features
8 Garage Spaces, 16 Parking Spaces, Garage
Composition
Gutters, Sidewalks, Street Lights, Curbs Walk, Storm drains
Driving Directions
Take Brookhurst St Exit from I-5 N, Left on W Page Ave, Left on S Pine Dr, S Pine Dr turns into W Houston Ave Cross Streets: 91 Freeway & Brookhurst St
Financial Considerations
07150203
$143,880 Income ,$42,500Expense
Listing Price History

Fullerton Real Estate

Fullerton is located in California. Fullerton, California 92833 has a population of 135,419.

The median household income in Fullerton, California 92833 is $67,617. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Fullerton 92833 is 34.5 years.

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Courtesy: Marcus & Millichap RE Invest Mark Bridge
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