Fullerton, CA 92831,3113 Garnet LN
Fullerton, CA 92831,3113 Garnet LN
Fullerton, CA 92831,3113 Garnet LN
$1,095,000
Est. payment /mo
Est.Price: ?

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7,405 Sqft Lot
SOLD DATE : 09/30/2019

Key Details

Sold Price $1,095,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Fullerton Crest (Fucr)

MLS Listing ID PW19101587

Year Built 1964

Lot Size 7,405 Sqft

Property Description

-**Huge Price Reduction $91K ** Higher Actual Rents/5.05 CAP rate/14.7 GRM on actual rents, New Roll-up Garage Doors, New Exterior Paint! - achieve a 5.67 CAP Rate/ 13.64 GRM on realistic market rents!! Best OC 4plex CAP rate available - priced to sell now. The Garnet Palms Apartments is a well maintained, single story Fullerton fourplex consisting of four two bedroom, one bath units 4(2+1) with enclosed garages, separate tenant gas & electric meters, with an onsite laundry room for additional owner income. The subject property is located in a high-demand tenant location near the intersection of Yorba Linda blvd & Placentia Ave, walking distance to the Target center and numerous other tenant amenities. Additionally, the 57 Freeway on/off-ramp and the California State University Fullerton campus are located just 1/2 of a mile from the subject property. The City of Fullerton also offers tenants numerous entertainment venues, an award winning school district and transportation hubs like the Fullerton Airport and the Fullerton Amtrak Train Station which offers tenants daily commutes to LA and San Diego

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplaces Type None

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Asphalt, Concrete, Garage Faces Rear

Garage Spaces 6.0

Garage Description 6.0

Fence Brick, Stucco Wall

Pool None

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Building

Lot Description 2-5 Units/Acre, Sprinklers In Front, Landscaped, Paved, Walkstreet, Yard

Story 2

Foundation Slab

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ed Diaz • Vanguard Property Group
Bought with Sarah Dung Ha • Professional R.E. Center, Inc.

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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