2100 Teri Place,  Fullerton CA, 92831 (Residential Income)

452,700 sqft
Status: Backup Offers
MLS#: NP17258396
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Last Updated: 12/11/2017 9:04 PM
Description for 2100 Teri Place Fullerton, CA 92831
The Teri Place Apartments is a 4-unit multi-family building located in a highly desirable neighborhood across the street from California State University Fullerton. Comprised of roughly 4,527 rentable square feet, the property has a unit mix of 2 three-bedrooms and 2 two-bedroom units that are spacious and well designed. With the excellent location and floorplans offered, this property is well positioned to take advantage of the strong local rental market. Situated on a corner lot, the north and south sides of the property offer tenants large patios. At the rear of the property, there are six single car assigned garage spaces. Well maintained by the current ownership with several interior and exterior renovations including newer windows throughout. Bordering the city of Brea, the Teri Place Apartments are located near the cross streets of Yorba Linda Blvd and State College Blvd. The property provides an investor the opportunity to acquire a well located asset near a major University in Orange County that can be operated as student housing or market rate rentals.
Price
$1,339,000
Orange
452,700 (approx)
NP17258396
Backup Offers
Description
The Teri Place Apartments is a 4-unit multi-family building located in a highly desirable neighborhood across the street from California State University Fullerton. Comprised of roughly 4,527 rentable square feet, the property has a unit mix of 2 three-bedrooms and 2 two-bedroom units that are spacious and well designed. With the excellent location and floorplans offered, this property is well positioned to take advantage of the strong local rental market. Situated on a corner lot, the north and south sides of the property offer tenants large patios. At the rear of the property, there are six single car assigned garage spaces. Well maintained by the current ownership with several interior and exterior renovations including newer windows throughout. Bordering the city of Brea, the Teri Place Apartments are located near the cross streets of Yorba Linda Blvd and State College Blvd. The property provides an investor the opportunity to acquire a well located asset near a major University in Orange County that can be operated as student housing or market rate rentals.
Listing Information
Property Type: Cluster, 2 Story
0.16 Acres 7,094 sq.ft. 452,700 (approx)
$295.78 1964
Yes- 6 spaces 2
4 Total
Neighborhood
Room Information
Common
Exterior / Lot Features
6 Garage Spaces, 6 Parking Spaces
None
No Pool
Sidewalks
Driving Directions
57 FWY to Yorba Linda Blvd Exit, head West, Turn Right on Associated Rd, Turn Right on Milton Ave
Financial Considerations
33709304
$75,600 Income ,$21,964Expense
Listing Price History

Fullerton Real Estate

Fullerton is located in California. Fullerton, California 92831 has a population of 140,847.

The median household income in Fullerton, California 92831 is $65,909. The median household income for the surrounding county is $75,998 compared to the national median of $53,482. The median age of people living in Fullerton 92831 is 34.7 years.

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Courtesy: Ignacio Diaz Jr. - Investment Capital Real Estate
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