Skip To Content

900 E Chapman Avenue

Fullerton, CA 92831
  • $2,100,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: PW23151871
$2,100,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Carnie Chung of Exp Realty Of California Inc (888-584-9427)


Description

Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142456256
Print Image

900 E Chapman Avenue Fullerton, CA 92831

  • Price: $2,100,000
  • Status: Active
  • On Site: 39 Days
  • ID#: PW23151871
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1929
Built
Neighborhood:
Other
County:
Orange
Area:
83 - Fullerton
Property Description
Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.
Exterior Features

Entry Level 1 Entry Location 1 Fencing Good ConditionVinyl Lot Features Rectangular Lot Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherDisposalGas Range Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Wood Heating Space Heater Heating YN Yes Interior Features Ceiling Fan(S)All Bedrooms DownBedroom On Main LevelMain Level Master

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 130500 Gross Scheduled Income 130500 Insurance Expense 3000 Land Lease YN No Laundry Features In Kitchen Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 102651 New Construction YN No New Taxes Expense 21249 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 3 Number Of Units Leased 6 Operating Expense 27849 Possession Negotiable Property Condition Turnkey Property Sub Type Mixed Use Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 10875 Trash Expense 2000 Water Sewer Expense 2500 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371807591-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371807591-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371807591-2.jpg
Logo
Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Carnie Chung of Exp Realty Of California Inc (888-584-9427)