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Fullerton, CA 92831 900 E Chapman Avenue

$1,980,000

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Presented By: Happy Kim with New Star Realty & Investment; 714-313-8700
  • MLS# PW24067398
  • 04/05/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 6
  • FootageSQFT • 4,674
  • GarageGarage • 6

Home Details

** 6-Unit Multifamily Investment Opportunity on a Large Lot ** The property is located in very desirable rental area in City of Fullerton & One of the premier rental markets in Orange County ** 6-Units over 3 free standing buildings ** All 6-units are 1 bedroom,1 bath & well maintained ** 3 Units recently remodeled, including: new kitchen cabinets, Quartz counter tops, stainless steel appliances & remodeled 3 bathrooms, new interior paint and new dual pane window ** Always fully occupied with long terms tenants ** Gas & Electric are separate meters ** 6 Single Car garages with additional dedicated parking spaces ** Close to Downtown Fullerton shops, restaurants, business offices, Fullerton College, Cal State Fullerton, Metro Station and 57, 91 FWY ** Much More **
Presented By: Happy Kim with New Star Realty & Investment; 714-313-8700

Interior Features for 900 E Chapman Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInKitchen
Street SuffixAvenue
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 900 E Chapman Avenue

AccessibilityNone
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.8
Carport Y/NNo
CityFullerton
Community FeaturesStreetLights
CoolingWallWindowUnits
CountyOrange
Days on Market3
DirectionsE/ Harbor & Chapman
Electric Expense0.0
Entry Location1
Expected Active Date 2024-04-06
Garage Spaces6.0
Garage Y/NYes
Gross Income135120.0
HOA0.0
HOA / Comm AssnNo
HeatingFloorFurnace, SpaceHeater
Home Warranty Y/NNo
Insurance Expense3954.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet13068.0
MLS Area83 - Fullerton
MobileHomeRemainsYNNo
Net Operating Income94584.0
New ConstructionNo
Number of Units Leased6
Open Parking Spaces3.0
Operating Expense40536.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameChapman
Tax Lot47
Taxes$21,040
Tenant PaysElectricity, Gas
Total Actual Rent11260.0
Total Units6
Trash Expense2000.0
UtilitiesElectricityAvailable, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense2140.0
Waterfront Y/NNo
Year Built1929
Year Built SourceAssessor

Exterior for 900 E Chapman Avenue

Building Area Total4674.0
Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.3
Lot Size Area13068.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings3
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters3
Open Parking Y/NNo
Parking FeaturesDriveway, Garage, OneSpace
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,980,000
MLS#PW24067398
List Date 04/05/2024
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors