1901 E Wilshire Avenue

    Fullerton, CA 92831
    • $3,190,000
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: CV18033108
    UPDATED: 35 min ago
    $3,190,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,492
      SQFT
    • $426
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Tim Steuernol and Michael Jacobs of the Multifamily Services Group of NAI Capital Inc. are pleased to present 1901-1909 E Wilshire Ave, a well maintained fourteen unit multifamily asset located in the highly desirable Fullerton, CA marketplace in North Orange County. Built in 1958, the property is situated on a 17,310 square foot lot zoned R3. The property is two separate parcels and has a large center courtyard perfect for BBQ's and entertaining. The tenants enjoy onsite laundry and fourteen garages. All of the units are one bedroom one bathroom and average approximately 535 square feet. The units are individually metered for gas and electric utilities and master metered for water and sewer.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.inlandempiresold.com/homes/80704096

    1901 E Wilshire Avenue Fullerton, CA 92831

    • Price: $3,190,000
    • Status: Active
    • Updated: 35 min ago
    • ID#: CV18033108
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    7,492
    SQFT
    $426
    $/SQFT
    1958
    Built
    Neighborhood:
    University Villas (Univ)
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    Tim Steuernol and Michael Jacobs of the Multifamily Services Group of NAI Capital Inc. are pleased to present 1901-1909 E Wilshire Ave, a well maintained fourteen unit multifamily asset located in the highly desirable Fullerton, CA marketplace in North Orange County. Built in 1958, the property is situated on a 17,310 square foot lot zoned R3. The property is two separate parcels and has a large center courtyard perfect for BBQ's and entertaining. The tenants enjoy onsite laundry and fourteen garages. All of the units are one bedroom one bathroom and average approximately 535 square feet. The units are individually metered for gas and electric utilities and master metered for water and sewer.
    Exterior Features

    Garage Spaces 14.00 Lot Features 11-15 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 14.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.77 Community Features CurbsFoothillsGolf CourseMountainousSidewalksStorm DrainsStreet LightingSuburban Country Us Elevation Units Feet Gross Income 202760.00 Gross Multiplier 15.73 Gross Scheduled Income 202760.00 Insurance Expense 3746.00 Land Lease YN No Laundry YN Yes Net Operating Income 120400.00 New Taxes Expense 38020.00 Number Of Separate Electric Meters 14 Number Of Separate Gas Meters 14 Number Of Separate Water Meters 1 Operating Expense 76277.00 Professional Management Expense 10138.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Subdivision Name Other University Villas (Univ) Tenant Pays ElectricityGas Total Expenses 76277.00 Trash Expense 665.00 Water Sewer Expense 7000.00 Water Source Public

    Listing provided courtesy of Timothy Steuernol of Nai Capital, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-21T09:25:54.41. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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