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225 W Knepp Avenue

Fullerton, CA 92832
  • $1,550,000
  • STATUS: PENDING
  • ON SITE: 158 Days
  • ID#: OC22186227
Pending
UPDATED: 36 min ago
$1,550,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Four-unit apartment building located in the City of Fullerton, with a strong rental market. Close to one of the popular downtown areas in Orange County, and about 25 miles southeast of downtown Los Angeles. The property's unit mix comprised of all 2 bedroom/ 1-bathroom units totaling 3,752 square feet, on a 6,392 square foot lot. The subject property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, new water heaters and new landscaping. The subject propertys close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing. Four-unit apartment building located in the City of Fullerton, with a strong rental market. Close to one of the popular downtown areas in Orange County, and about 25 miles southeast of downtown Los Angeles. The property's unit mix comprised of all 2 bedroom/ 1-bathroom units totaling 3,752 square feet, on a 6,392 square foot lot. The subject property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, new water heaters and new landscaping. The subject propertys close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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225 W Knepp Avenue Fullerton, CA 92832

  • Price: $1,550,000
  • Status: PENDING
  • On Site: 158 Days
  • Updated: 36 min ago
  • ID#: OC22186227
4
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Oc - Fullerton (92832)
County:
Orange
Area:
Oc - Fullerton (92832)
Property Description
Four-unit apartment building located in the City of Fullerton, with a strong rental market. Close to one of the popular downtown areas in Orange County, and about 25 miles southeast of downtown Los Angeles. The property's unit mix comprised of all 2 bedroom/ 1-bathroom units totaling 3,752 square feet, on a 6,392 square foot lot. The subject property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, new water heaters and new landscaping. The subject propertys close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing. Four-unit apartment building located in the City of Fullerton, with a strong rental market. Close to one of the popular downtown areas in Orange County, and about 25 miles southeast of downtown Los Angeles. The property's unit mix comprised of all 2 bedroom/ 1-bathroom units totaling 3,752 square feet, on a 6,392 square foot lot. The subject property has gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, new bathrooms, new garage doors, new water heaters and new landscaping. The subject propertys close proximity to Cal State Fullerton and Downtown Fullerton provides a large pool of potential student renters looking for convenient, quality housing.
Exterior Features

Pool N/K Site CurbsSidewalks Spa N/K

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Actual Cap Rate 4.55 Annual Expense Actual 27567 Buildings 1 Cfd Mello Roos Fee 994.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 16.08 Gross Scheduled Income Actual 102600 Home Owners Fees 0.0 Monthly Total Fees 82 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms CashConventionalExchangeLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2150.0 Unit2 Rent Actual 2100.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of First Team Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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