UPDATED:
10/09/2024 05:48 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Estates (Ests)
MLS Listing ID OC24205765
HOA Y/N No
Year Built 1946
Lot Size 9,500 Sqft
Property Description
Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio.
The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances.
This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925)
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features None
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Park
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction Yes
Others
Senior Community No
Tax ID 07022110
Acceptable Financing 1031 Exchange
Green/Energy Cert Solar
Listing Terms 1031 Exchange
Special Listing Condition Standard
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130