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2036 E Wilshire Avenue

Fullerton, CA 92831
  • $1,820,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • ID#: PW24032797
Under Contract
UPDATED: 230 min ago
$1,820,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Debra Shen of Triple-Eight Realty (714-821-8888)


Description

LOCATION! LOCATION! LOCATION! EXCELLENT 4-PLEX INVESTMENT!!! Located approximately 1 mile to Cal State Fullerton, 1 mile to Fullerton College, 1 mile to Troy High School, and the Jr. High School is right next to it. The property features the following: (1.) All units have no one below or above any of the other tenants and tenants are mostly long term...virtually no vacancy!!! (2.) Plumbing was replaced with copper plumbing in 1995. (3.) Sectional Garage doors replaced in 2011. (4.) Outside lighting updated in 2017 (5.) Newer Exterior paint in 2013. (6.) All units have a porch, patio or yard. (7.) New landscaping, lawns and the sprinkler system was replaced in 2021. (8.) Unit "D" master bathroom has been completely renovated, and new laminate wood floor and carpet was replaced in 2023. (9.) Units "C" and "D" have had new windows installed. EXCELLENT UNIT MIX...2 units of 3 br-2 ba each with a 2 car garage and 2 units of 2 br-2 ba each with a 1 car garage. Central laundry room with leased equipment. SUBMIT OFFERS! THIS WON'T LAST!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-25T00:33:35.047. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/148274065
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2036 E Wilshire Avenue Fullerton, CA 92831

  • Price: $1,820,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 230 min ago
  • ID#: PW24032797
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1963
Built
Neighborhood:
83 - Fullerton
County:
Orange
Area:
83 - Fullerton
Property Description
LOCATION! LOCATION! LOCATION! EXCELLENT 4-PLEX INVESTMENT!!! Located approximately 1 mile to Cal State Fullerton, 1 mile to Fullerton College, 1 mile to Troy High School, and the Jr. High School is right next to it. The property features the following: (1.) All units have no one below or above any of the other tenants and tenants are mostly long term...virtually no vacancy!!! (2.) Plumbing was replaced with copper plumbing in 1995. (3.) Sectional Garage doors replaced in 2011. (4.) Outside lighting updated in 2017 (5.) Newer Exterior paint in 2013. (6.) All units have a porch, patio or yard. (7.) New landscaping, lawns and the sprinkler system was replaced in 2021. (8.) Unit "D" master bathroom has been completely renovated, and new laminate wood floor and carpet was replaced in 2023. (9.) Units "C" and "D" have had new windows installed. EXCELLENT UNIT MIX...2 units of 3 br-2 ba each with a 2 car garage and 2 units of 2 br-2 ba each with a 1 car garage. Central laundry room with leased equipment. SUBMIT OFFERS! THIS WON'T LAST!
Exterior Features

Entry Level 1 Entry Location Front Lot Features 2-5 Units/AcreLawnLandscapedPavedSprinklers TimerYard Number Of Separate Electric Meters 5 Open Parking Spaces 1 Parking Features Converted Garage Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle View Park/Greenbelt View YN Yes

Interior Features

Appliances DishwasherElectric Oven Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminate Heating CentralForced AirWall Furnace Heating YN Yes Interior Features PantryStorageUnfurnishedBedroom on Main LevelMain Level Primary

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Electric Electricity - On Property Electric Expense 572 Fuel Expense 1964 Garage YN Yes Gross Income 104929 Gross Scheduled Income 103860 Insurance Expense 1312 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 75161 New Construction YN No New Taxes Expense 20020 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 28699 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 18478 Tenant Pays ElectricityGas Total Actual Rent 8655 Trash Expense 1008 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 2963 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-25T00:33:35.047. 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 Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Debra Shen of Triple-Eight Realty (714-821-8888)