3812 W Commonwealth Avenue

    Fullerton, CA 92833
    • $850,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: OC20030604
    UPDATED: 26 min ago
    $850,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $425
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Excellent opportunity for this very nice triplex located near parks, award-winning schools, churches, shopping and freeway close. There are five garages and an extra large drive way for more parking. Great upside rent potential, legal conforming C-2 (Commercial) and this property is located in an Opportunity Zone, thus providing unlimited potential and excellent tax benefits! Long term tenants are all on month-to-month tenancies. This investment is offered in a high rent demand location. All offers shall be subject to interior inspection. Please do not disturb the tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-08T18:27:23.123. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/103185332

    3812 W Commonwealth Avenue Fullerton, CA 92833

    • Price: $850,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: OC20030604
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,000
    SQFT
    $425
    $/SQFT
    1963
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    Excellent opportunity for this very nice triplex located near parks, award-winning schools, churches, shopping and freeway close. There are five garages and an extra large drive way for more parking. Great upside rent potential, legal conforming C-2 (Commercial) and this property is located in an Opportunity Zone, thus providing unlimited potential and excellent tax benefits! Long term tenants are all on month-to-month tenancies. This investment is offered in a high rent demand location. All offers shall be subject to interior inspection. Please do not disturb the tenants.
    Exterior Features

    Garage Spaces 5.00 Lot Features LawnLevel Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 500 Average1 Bed Area Units Square Feet Average2 Bed Area 1000 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.46 Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Equity 850000 Gross Income 37200.00 Gross Multiplier 22.84 Gross Operating Income 37200.00 Gross Scheduled Income 37200.00 Gross Spendable Income 37200.00 Insurance Expense 1093.00 Land Lease YN No Laundry YN Yes Net Operating Income 29446.00 New Construction YN No New Taxes Expense 10329.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number Wall AC 3 Operating Expense 7754.00 Present Loans 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Fullerton Triplex Tenant Pays Exterior Maintenance Total Actual Rent 3100.00 Total Expenses 14732.00 Trash Expense 1513.00 Vacancy Allowance 0 Water Sewer Expense 1797.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Wade Wright of Keller Williams Realty Irvine


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-08T18:27:23.123. 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 A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555