Fullerton, CA 92832 124 W Truslow Avenue

Sold: Apr 26, 2024
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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
  • MLS# OC24044863
  • 03/05/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 3,887
  • GarageGarage • 10

Home Details

124 West Truslow Avenue is a 5-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County, California. Built in 1992, the property offers a highly desirable mix consisting of 1, one-bedroom unit and 4, two-bedroom units, of which 2 are townhomes. Amenities include ample surface and garage parking, private patios or balconies, and an on-site laundry facility. 124 West Truslow Avenue is located within walking distance of Downtown Fullerton, placing residents moments away from a wide variety of shopping, dining, and entertainment options. Additionally, the property is just over 0.30 miles from three regional shopping centers, Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, placing residents moments away from 1 million square feet of combined retail space. Furthermore, the property benefits from it’s proximity to higher-education institutions including Fullerton College and California State University, Fullerton (CSUF), both major housing drivers for the area. 124 West Truslow Avenue also benefits from its close proximity to State Route 91, providing residents with easy access to employment hubs throughout Orange, Los Angeles, and Riverside Counties.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086

General for 124 W Truslow Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingCash
Cap Rate4.3
Carport Y/NNo
CityFullerton
Close Price1850000.0
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
Days on Market36
DirectionsCross Streets of West Truslow Avenue & South Harbour Boulevard
Electric Expense1508.0
Entry LocationFirst Level
Fuel Expense1508.0
Garage Spaces10.0
Garage Y/NYes
Gross Income126194.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2250.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet8712.0
MLS Area699 - Not Defined
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income81686.0
New ConstructionNo
Open Parking Spaces2.0
Operating Expense40761.0
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 StatusClosed
StatusClosed
Stories1
Street NameTruslow
Tax Lot10
Taxes$20,186
Total Units5
Trash Expense1508.0
View Y/NNo
Water Sewer Expense1508.0
Waterfront Y/NNo
Year Built1992
Year Built SourceAssessor

Interior for 124 W Truslow Avenue

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Entry Level1
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories1

Exterior for 124 W Truslow Avenue

Building Area Total3887.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.2
Lot Size Area0.2
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings3
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking12.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,900,000
MLS#OC24044863
List Date 03/05/2024
Property Type Multi-Family
Phone 714.964.3311
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