3149 Pearl Drive

    Fullerton, CA 92831
    • $1,595,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: PW18233955
    UPDATED: 40 min ago
    $1,595,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,820
      SQFT
    • $418
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    INVESTOR'S DREAM RIGHT HERE! HERE'S YOUR CHANCE ONCE AGAIN! TURNKEY, TURNKEY!! Bring your investors who are looking for an extremely turnkey bldg in east Fullerton's most popular rental area. This property has been completely remodeled with no expense spared & all 4 units are in impeccable condition, w/ upgrades that include but are not limited to: new upgraded commercial-grade vinyl flooring, custom int & ext paint, brand new doors, windows (vinyl dual pane w/ blinds) & trim, new bathrooms with custom high end tile, new full size tubs & marble counters on vanities, new toilets & plumbing fixtures throughout, brand new kitchens with custom 3CM granite, glass mosaic backsplashes, SS Frigidaire Gallery Line appliances incl fridges, mini-split HVAC systems to all units (controlled individually by each unit), new concrete patios on lower level with brand new wrought iron & brick privacy fencing & privacy wrought iron gates at entry, ceiling fans & recessed LED lighting throughout, brand new front doors, brand new individual water heaters in each unit (not shared), brand new automatic garage doors, on-site laundry facility (security door with key for tenants only), & brand new concrete slab behind the building w/ 6' vinyl fence to provide addtl privacy and easy maintenance. These units are BY FAR the most impeccable units you'll find in FULLERTON! Walking distance to Topaz Elementary School. This will be gone FAST so don't miss out! CAP RATE OF 5%!!(Please see private remarks.)

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87969679

    3149 Pearl Drive Fullerton, CA 92831

    • Price: $1,595,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: PW18233955
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,820
    SQFT
    $418
    $/SQFT
    1965
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Orange
    Area:
    699 - Not Defined
    Property Description
    INVESTOR'S DREAM RIGHT HERE! HERE'S YOUR CHANCE ONCE AGAIN! TURNKEY, TURNKEY!! Bring your investors who are looking for an extremely turnkey bldg in east Fullerton's most popular rental area. This property has been completely remodeled with no expense spared & all 4 units are in impeccable condition, w/ upgrades that include but are not limited to: new upgraded commercial-grade vinyl flooring, custom int & ext paint, brand new doors, windows (vinyl dual pane w/ blinds) & trim, new bathrooms with custom high end tile, new full size tubs & marble counters on vanities, new toilets & plumbing fixtures throughout, brand new kitchens with custom 3CM granite, glass mosaic backsplashes, SS Frigidaire Gallery Line appliances incl fridges, mini-split HVAC systems to all units (controlled individually by each unit), new concrete patios on lower level with brand new wrought iron & brick privacy fencing & privacy wrought iron gates at entry, ceiling fans & recessed LED lighting throughout, brand new front doors, brand new individual water heaters in each unit (not shared), brand new automatic garage doors, on-site laundry facility (security door with key for tenants only), & brand new concrete slab behind the building w/ 6' vinyl fence to provide addtl privacy and easy maintenance. These units are BY FAR the most impeccable units you'll find in FULLERTON! Walking distance to Topaz Elementary School. This will be gone FAST so don't miss out! CAP RATE OF 5%!!(Please see private remarks.)
    Exterior Features

    Architectural Style Traditional Direction Faces West Fence YN Yes Fencing BlockExcellent ConditionVinylWrought Iron Garage Spaces 6.00 Lot Features Landscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Appliances DishwasherEnergy Star AppliancesEnergy Star Water HeaterGarbage DisposalGas RangeMicrowaveRefrigeratorSelf Cleaning OvenWater Heater CentralWater Heater Unit Appliances YN Yes Average Studio Area 900 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 Cooling Electric Cooling YN Yes Door Features Panel Doors Fireplace Features None Fireplace YN No Flooring Vinyl Heating Electric Heating YN Yes Interior Features BalconyBuilt-InsGranite CountersOpen Floor PlanRecessed LightingUnfurnished Laundry Features AreaIndividual RoomOutsideSee Remarks Levels Two Room Type Master Suite Window Features BlindsDouble Pane Windows

    Property Features

    Accessibility Features None Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.05 Community Features CurbsGuttersSidewalksStreet Lighting Country Us Electric Expense 360.00 Elevation Units Feet Fuel Expense 200.00 Gardener Expense 1200.00 Gross Income 960.00 Gross Scheduled Income 97200.00 Insurance Expense 1417.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry YN Yes Net Operating Income 80493.00 New Construction YN No New Taxes Expense 11000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Number Of Units Leased 2 Number With Carpet 0 Number With Dishwasher 4 Number With Disposal 4 Number With Drapes 0 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 16707.00 Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4050.00 Total Expenses 16707.00 Trash Expense 1530.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Veronica Bertrand of Red Diamond Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T19:30:11.323. 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. Licensed in the State of California, USA.
     
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