3142 Pearl Drive

    Fullerton, CA 92831
    • $1,200,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: OC19275352
    Price Reduced
    $1,200,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,820
      SQFT
    • $314
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long term tenants. All units are 2 large bedrooms 2 bathrooms. 6 car garages with all new doors. 4 separate gas and electric meters. Tenants pay all their own utilities. Laundry room next to the garage (currently not in use). Lots of recent work done to the property. Exterior paint for the whole building and staircase. New wood fence for both downstair units. Units 3 has been remodeled with new flooring, new shower, new bath tub and new paint. New kitchen, new counter tops for 3 units (except one unit downstairs since they have been living in there for more then 40 years). All units has been leased at a rate of $1400, $1600, $1700, $1700/mo. Walking distance to Lopez Elementary School. Close to freeway. Seller will need 1031 exchange at no cost to buyer.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T00:29:14.023. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/101439658

    3142 Pearl Drive Fullerton, CA 92831

    • Price: $1,200,000
    • Status: Active
    • ID#: OC19275352
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,820
    SQFT
    $314
    $/SQFT
    1965
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    Desirable 4-plex located approximately 1 mile from Cal State Fullerton. High rental demand area. Long term tenants. All units are 2 large bedrooms 2 bathrooms. 6 car garages with all new doors. 4 separate gas and electric meters. Tenants pay all their own utilities. Laundry room next to the garage (currently not in use). Lots of recent work done to the property. Exterior paint for the whole building and staircase. New wood fence for both downstair units. Units 3 has been remodeled with new flooring, new shower, new bath tub and new paint. New kitchen, new counter tops for 3 units (except one unit downstairs since they have been living in there for more then 40 years). All units has been leased at a rate of $1400, $1600, $1700, $1700/mo. Walking distance to Lopez Elementary School. Close to freeway. Seller will need 1031 exchange at no cost to buyer.
    Exterior Features

    Garage Spaces 6.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Individual Room Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 240.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 76800.00 Insurance Expense 1674.00 Land Lease YN No Laundry YN Yes Net Operating Income 57076.00 New Construction YN No New Taxes Expense 14310.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 19724.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 19724.00 Trash Expense 520.00 Water Sewer Expense 3000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Lei Hebel of Realty One Group West


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-05T00:29:14.023. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731
    fbq('track', 'Search', { content_type: 'home_listing', // REQUIRED: DO NOT change this, must be set to 'home_listing' content_ids: ['1234', '2345', '3456', '4567'], // Top search results city: 'New York City', //Required for Search event region: 'New York', // region is the state for the US. Required for Search event country: 'US', //Required for Search event } );