Perfect move-in ready house plus 2 ADUs in an excellent Fullerton location.
Detached 2 bed, 1 bath SFR completely remodeled in 2021 with new kitchen, bathroom, windows, finishes, AC, laundry, and overhead lighting.
Two new 2 bed, 1 bath ADUs in rear built in 2022 , also with modern finishes, open concept floor plans, AC and in-unit laundry.
Parking lot for 4 cars off street.
Separately metered for gas and electricity plus solar panels on ADUs.
In-place rent from ADUs can nearly cover your mortgage at $2300 each.
Turnkey, low maintenance property perfect for a start investment property.
Excellent Fullerton location only minutes away from Downtown, Fullerton College, and Chapman University.
Outdoor amenities nearby in the Fullerton Arboretum, Craig Regional Park, Fullerton Sports Complex, and numerous golf courses.
Convenient transit access located only minutes away from the 91 and 57 freeways.
Very walkable location with a walk score of 80.
Home Style:
Bungalow
Property Sub Type:
Triplex
Property Attached:
Yes
Lot Area:
4,400 sq. ft.409 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
2022
(Age: 4)
General Listing Location:
Fullerton, 83 - Fullerton
County Or Parish:
Orange
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$84,300
Gross Scheduled Income:
$84,300
Net Operating Income:
$45,974
Cap Rate %:
3.6
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Gardener expense:
720.0
Insurance Expense:
$3,938
Licenses expense:
500.0
Maintenance Expense:
$4,990
Taxes expense:
15938.0
Operating Expense:
$34,111
Pest control expense:
$500
Professional Management Expense:
$4,805
Trash Expense:
$1,360
Water and Sewer Expense:
$1,361
Vacancy Allowance Rate:
$5
Tax Lot:
13
West of Raymond on the South side of Commonwealth.
View:
None
Appliances:
Gas Cooktop, Gas Range
Accessibility Features:
None
Number of Buildings:
2
# of Electric Meters:
3
# of Gas Meters:
3
# of Water Meters:
2
Community Features:
Sidewalks
Senior Community:
No
Laundry Features:
Inside
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Rectangular Lot
Fireplace Features:
None
Subdivision Name:
Downtown adjacent
Direction Faces:
North
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1
Construction Materials:
Stucco, Wood Siding
New Constr.:
Yes
Flooring:
Vinyl
Foundation:
Raised, Slab
Roof:
Composition
Common Walls:
1 Common Wall
# Units:
3
Heating:
Central, Heat Pump
Fireplace:
No
Cooling:
Central Air, Heat Pump
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected