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900 E Chapman Avenue

Fullerton, CA 92831
  • $2,050,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: PW23204341
Price Reduced
UPDATED: 22 min ago
$2,050,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Carnie Chung of Exp Realty Of California Inc (888-584-9427)


Description

Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-09T12:29:12.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144957460
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900 E Chapman Avenue Fullerton, CA 92831

  • Price: $2,050,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 22 min ago
  • ID#: PW23204341
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1929
Built
Neighborhood:
83 - Fullerton
County:
Orange
Area:
83 - Fullerton
Property Description
Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.
Exterior Features

Construction Materials Stucco Entry Level 1 Lot Features 6-10 Units/Acre Roof Composition Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Business Type Multi-Tenant Cap Rate 4.8 Common Interest None Current Financing Conventional Laundry Features InsideLaundry Room Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Number Of Units Leased 6 Property Sub Type Multi Family Special Listing Conditions Standard Tax Annual Amount 21249 Tax Year 2022 Trash Expense 3600 Utilities Electricity AvailableWater Connected Water Sewer Expense 1440 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-09T12:29:12.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Carnie Chung of Exp Realty Of California Inc (888-584-9427)