Fullerton, CA 92831 709 E Santa Fe Avenue

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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
  • MLS# OC24050264
  • 03/12/2024
  • Request Tour
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  • BedBeds • 6
  • BathBaths • 1
  • FootageSQFT • 4,430
  • GarageGarage • 6

Home Details

709 East Santa Fe Avenue is a 6-unit multifamily investment property located in Fullerton, California. Built in 1960, 709 East Santa Fe Avenue offers six, spacious one-bedroom floor plans measuring approximately 738 square feet. The property features amenities including gated pedestrian access, a large community courtyard, an on-site laundry facility and ample garage parking. 709 East Santa Fe Avenue has an attractive Fullerton location, within walking distance of Downtown Fullerton, providing residents with convenient access to a plethora of shopping, dining, and entertainment options. The property benefits from its close proximity, just 0.40 miles, to Fullerton College, a major economic and housing driver for the area. Additionally, residents enjoy easy access to an abundance of everyday needs at Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, conveniently located within a 1-mile radius of 709 East Santa Fe Avenue. Furthermore, the property is just over 1.50 miles from both California State University, Fullerton (CSUF), and Providence, St. Jude Medical Center, two of the city’s premier employers with 3,000 and 1,000 employees respectively, per the city’s 2023 Annual Comprehensive Financial Report.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086

Interior Features for 709 E Santa Fe Avenue

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 SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 709 E Santa Fe Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.03
Carport Y/NNo
CityFullerton
Community FeaturesCurbs, Gutters, Sidewalks
CountyOrange
Days on Market55
DirectionsCross Streets of East Santa Fe Avenue & South Yale Avenue
Electric Expense2038.0
Entry LocationFirst level
Fuel Expense2038.0
Garage Spaces6.0
Garage Y/NYes
Gross Income144852.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3600.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet7840.8
MLS Area699 - Not Defined
MaintenanceExpense3600.0
MobileHomeRemainsYNNo
Net Operating Income98140.0
New ConstructionNo
Operating Expense42420.0
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 NameSanta Fe
Tax Lot13
Taxes$20,717
Total Units6
Trash Expense2038.0
View Y/NNo
Water Sewer Expense2041.0
Waterfront Y/NNo
Year Built1960
Year Built SourceAssessor

Exterior for 709 E Santa Fe Avenue

Building Area Total4430.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.18
Lot Size Area0.18
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,950,000
MLS#OC24050264
List Date 03/12/2024
Property Type Multi-Family
Phone 714.964.3311
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