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3921 Franklin Avenue

Fullerton, CA 92833
  • $2,500,000
  • STATUS: ACTIVE
  • ON SITE: 22 Days
  • ID#: OC24205765
UPDATED: 58 min ago
$2,500,000
  • 11
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Exciting Income Property Opportunity in Fullerton Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio. The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances. This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925) Exciting Income Property Opportunity in Fullerton Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio. The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances. This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925)

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/156560780
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3921 Franklin Avenue Fullerton, CA 92833

  • Price: $2,500,000
  • Status: ACTIVE
  • On Site: 22 Days
  • Updated: 58 min ago
  • ID#: OC24205765
11
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
Oc - Fullerton (92833)
County:
Orange
Area:
Oc - Fullerton (92833)
Property Description
Exciting Income Property Opportunity in Fullerton Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio. The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances. This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925) Exciting Income Property Opportunity in Fullerton Introducing a unique investment opportunity in Fullerton. This income property includes two 6-month-old ADUs and a newly renovated 870 sqft building with a rear 2150 sqft add-on constructed in 2021. The property offers modern amenities, ample parking, and a stable tenant, making it an appealing addition to any investment portfolio. The 2 ADUS 1129 sqft each were issued an occupancy permit in March 2024. They provide additional income streams and meet all legal requirements for occupancy, including central air/heat, indoor fire sprinklers, solar panels, washer/dryer hookups, and brand-new kitchen appliances. This income property presents a rare opportunity for investors to acquire a unique and modern asset in Fullerton. With its blend of new construction, modern amenities, and a stable tenant, this property is poised to generate solid returns and appreciate in value over time, making it an attractive addition to any investment portfolio. (Street number for the property 3921/3923/3925)
Exterior Features

Pool N/K

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Actual Cap Rate 5.5 Annual Expense Actual 31657 Buildings 3 Cfd Mello Roos Fee 773.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 169200 Home Owners Fees 0.0 Monthly Total Fees 64 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3800.0 Unit2 Rent Actual 4300.0 Unit3 Rent Actual 3000.0 Unit4 Rent Actual 3000.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Babak Mehranvar of HomeSmart, Evergreen Realty: 949-338-5394. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty
4138 Napier St.
San Diego CA, 92110