219 S Acacia Avenue
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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 …
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.
View full listing detailsListing Details
| Price: | $$1,250,000 |
|---|---|
| Address: | 219 S Acacia Avenue |
| City: | Fullerton |
| State: | California |
| Zip Code: | 92831 |
| Subdivision: | Other (OTHR) |
| MLS: | OC22225439 |
| Year Built: | 1961 |
| Square Feet: | 3,102 |
| Acres: | 0.166 |
| Lot Square Feet: | 0.166 acres |
| sewer: | Public Sewer |
|---|---|
| taxLot: | 3 |
| country: | US |
| laundryYN: | yes |
| commonWalls: | No Common Walls |
| landLeaseYN: | no |
| lotFeatures: | Back Yard |
| lotSizeArea: | 7235 |
| waterSource: | Public |
| garageSpaces: | 6 |
| lotSizeUnits: | Square Feet |
| parcelNumber: | 26911103 |
| parkingTotal: | 6 |
| pricePerUnit: | 312500 |
| trashExpense: | 1500 |
| lotSizeSource: | Assessor |
| rentControlYN: | no |
| totalExpenses: | 4769 |
| elevationUnits: | Feet |
| taxCensusTract: | 114.03 |
| taxTractNumber: | 4011 |
| gardenerexpense: | 600 |
| yearBuiltSource: | Assessor |
| insuranceExpense: | 1169 |
| operatingExpense: | 4769 |
| buildingAreaUnits: | Square Feet |
| numberOfBuildings: | 1 |
| waterSewerExpense: | 1500 |
| netOperatingIncome: | 80311 |
| numberOfUnitsTotal: | 4 |
| propertyAttachedYN: | no |
| additionalParcelsYN: | no |
| average1BedAreaUnits: | Square Feet |
| average2BedAreaUnits: | Square Feet |
| average3BedAreaUnits: | Square Feet |
| grossScheduledIncome: | 85080 |
| subdivisionNameOther: | n/a |
| listAgentStateLicense: | 01473012 |
| averageStudioAreaUnits: | Square Feet |
| listOfficeStateLicense: | 01932401 |
| coListAgentStateLicense: | 01879397 |
| coListOfficeStateLicense: | 01932401 |
| specialListingConditions: | Standard |
| numberOfSeparateGasMeters: | 5 |
| numberOfSeparateWaterMeters: | 1 |
| numberOfSeparateElectricMeters: | 5 |
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