219 South Acacia Avenue, Fullerton, CA 92831

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List Price
$1,250,000
Status
PENDING
MLS#
OC-22225439
Year Built
1961
Living Sq. Ft
3,102
Lot Size
7,235
Lot Location
Back Yard
Days on Market
14
Property Type
Multifamily
Neighborhood
Other

Property Description

Fullerton 4-unit residential income property with great location near SOCO District Downtown Fullerton. Amazing passive income potential for an investor. All units offer a 2 bedroom + 1 bathroom floorplan and separate gas/electric meters. Landlord only pays for landscaping, water, and trash. Low expenses for the landlord means a bigger net operating income. One unit was recently vacated, allowing the landlord to freshen up paint and flooring, while also securing a tenant, meaning zero vacancy rate! The property boasts 3 two-car garages. All the windows have been upgraded to new double pane windows. Two units have new tile flooring and fresh paint. All units have new granite countertops. Freeway access nearby includes the 57 and 91 FWY. Great demographic near Fullerton Junior College and Cal State Fullerton makes this a hot area for renters.

Additional Information

Land Lease Type
Fee
Lot Description
Back Yard
Parking
Gated
Garage Spaces Total
6

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.