Fullerton, CA 92831 3100 Quartz Lane

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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
  • MLS# OC23225443
  • 12/13/2023
  • Request Tour
  • Request Info
  • BedBeds • 90
  • BathBaths • 3
  • FootageSQFT • 46,368
  • GarageGarage • 60

Home Details

The Quartz Portfolio, a 43-unit multifamily investment opportunity located in Fullerton, CA. Situated on seven neighboring parcels, the portfolio offers a highly-desirable mix of spacious two and three-bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on-site laundry facility, private patios (select units), and ample garage parking. The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohl’s, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California. In summary, The Quartz Portfolio’s fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well-located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086

Interior Features for 3100 Quartz Lane

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixLane
Total Stories2

Other Rooms

Entry Level1

General for 3100 Quartz Lane

Additional Parcels Description339-235-02, 339-233-18, 339-233-19, 339-233-21, 339-233-22, 339-233-23
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.39
Carport Y/NNo
CityFullerton
Community FeaturesCurbs, Sidewalks
CountyOrange
Days on Market2
DirectionsCross Streets: North Placentia Avenue & Quartz Lane
Electric Expense22456.0
Entry LocationFirst Floor
Fuel Expense22456.0
Garage Spaces60.0
Garage Y/NYes
Gross Income1283031.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense22268.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan
Lot Size Square Feet86684.4
MLS Area699 - Not Defined
MaintenanceExpense27950.0
MobileHomeRemainsYNNo
Net Operating Income790149.0
New ConstructionNo
Operating Expense455909.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameQuartz
Tax Lot5
Taxes$191,235
Total Actual Rent1232436.0
Total Units43
Trash Expense22455.0
View Y/NNo
Water Sewer Expense22456.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor

Exterior for 3100 Quartz Lane

Building Area Total46368.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres1.99
Lot Size Area1.99
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings10
Number of Separate Electric Meters43
Number of Separate Gas Meters43
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking60.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $17,990,000
MLS#OC23225443
List Date 12/13/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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