3160 Garnet, Fullerton, CA 92831
3160 Garnet, Fullerton, CA 92831
3160 Garnet, Fullerton, CA 92831
3160 Garnet, Fullerton, CA 92831
3160 Garnet, Fullerton, CA 92831
3160 Garnet, Fullerton, CA 92831
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$ 1,475,000
Est. payment | /mo

8 Beds

4 Baths

7,405 Sqft Lot


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$ 1,475,000
Est. payment | /mo
Save

8 Beds

4 Baths

7,405 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26133079

Bedrooms 8

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County's most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange.

Location

State CA

County Orange

Zoning Assessor

Direction Off 57 Freeway East on Yorba Linda Blvd South on Placentia Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 33922511

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Eric Reichert, DRE#00967215 OCProperties 

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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3160 Garnet

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