900 E Chapman Avenue,  Fullerton CA, 92831 (Residential Income)

4,674 sqft
Status: Sold
MLS#: PW15066459
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Last Updated: 12/2/2016 10:29 PM
Description for 900 E Chapman Avenue Fullerton, CA 92831
is pleased to offer a building that has never been on the market for sale located in Fullerton and is strategically located in one of the strongest rental markets in Orange County and on a corner parcel blocks east of Downtown Fullerton are the Chapman Avenue apartments built in 1929 and offer (6) 1 bedroom and 1 bathroom apartments over 3 free standing buildings. The Chapman Avenue apartments offer stability due to their proximity, low expenses and rarely vacant, located near Fullerton College, approximately 1.5 miles from both Cal State Fullerton and 2 miles from St. Jude Hospital. This multi-building investment property provides excellent visibility on Chapman Avenue, dedicated parking, strong unit mix and upside to increase rents. Just blocks from all of Downtown Fullerton shops, restaurants, the Fullerton Library, Fullerton Union and Fullerton MetroLink. • 1.5 Miles from Cal State Fullerton and 2 Miles from St. Jude Hospital • 6 Single Car Garages along with Additional Dedicated Parking • Added Value with 3 Separate Garages Not Being Rented Currently • 3 Buildings on Parcel Offering 6 Units • Low Expenses for Ownership • Upside to Increase Rents • Strong Rental Market
Price
Sold Price:
$1,270,000
Sold Date:09/15/2015
Orange
4,674 (approx)
PW15066459
Closed
Description
is pleased to offer a building that has never been on the market for sale located in Fullerton and is strategically located in one of the strongest rental markets in Orange County and on a corner parcel blocks east of Downtown Fullerton are the Chapman Avenue apartments built in 1929 and offer (6) 1 bedroom and 1 bathroom apartments over 3 free standing buildings. The Chapman Avenue apartments offer stability due to their proximity, low expenses and rarely vacant, located near Fullerton College, approximately 1.5 miles from both Cal State Fullerton and 2 miles from St. Jude Hospital. This multi-building investment property provides excellent visibility on Chapman Avenue, dedicated parking, strong unit mix and upside to increase rents. Just blocks from all of Downtown Fullerton shops, restaurants, the Fullerton Library, Fullerton Union and Fullerton MetroLink. • 1.5 Miles from Cal State Fullerton and 2 Miles from St. Jude Hospital • 6 Single Car Garages along with Additional Dedicated Parking • Added Value with 3 Separate Garages Not Being Rented Currently • 3 Buildings on Parcel Offering 6 Units • Low Expenses for Ownership • Upside to Increase Rents • Strong Rental Market
Listing Information
Property Type: Cluster, 2 Story
0.3 Acres 13,255 sq.ft. 4,674 (approx)
1929 Yes- 6 spaces
2
Public Water Service
Sewer at Street
6 Total
Neighborhood
Room Information
Exterior / Lot Features
6 Garage Spaces, 9 Parking Spaces, Uncovered, Garage
None
No Pool
125X106.04
Chain Link, Privacy Fence
Sidewalks, Street Lights, Curbs Walk
Financial Considerations
03316201
$2,736
$96,300 Income ,$22,727Expense
Listing Price History

Fullerton Real Estate

Fullerton is located in California. Fullerton, California 92831 has a population of 135,419.

The median household income in Fullerton, California 92831 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 92831 is 34.5 years.

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Courtesy: Vanguard Investment Properties Cameron Irons
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