Address: |
view address Fullerton, CA 92831 Map Location |
Features: | Multi-level |
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Square Feet: | 9,831 sq.ft. | Lot Size: | 17437.0 |
Year Built: | 1964 | Property Type: | Apartment |
County: | Orange | List Date: | 2024-06-03 |
Listing Number: | OC24113749 | Listed By: | Marcus & Millichap RE Invest |
Listing Office: | 714-608-3255 | Days on market: | 21 |
The Quartz Lane Apartments is a nine-unit apartment community located in the highly desirable submarket of Fullerton within the Greater Orange County area. The property offers a very attractive unit mix consisting of (1) large two-bedroom/ two-bathroom townhouse and (8) large two-bedroom/ one-bathroom units totaling 9,831 square feet, situated over a large 17,437 square foot lot. The property has undergone recent renovations and upgrades of the interiors and exterior. Some upgrades include but are not limited to new windows, new kitchens, new appliances, recessed lighting, new bathrooms, new fencing / gates, new flooring, and new roofs. Tenant amenities include a large, nicely landscaped courtyard, large patios, enclosed garages, on-site laundry rooms, secured Amazon lockers, and large units featuring walk-in closets and double sink vanities. Fullerton is revered as "The Education Community", and is home to award-winning public school systems and five universities/colleges, including California State University, Fullerton. The Quartz Lane Apartments offers a rare opportunity for an investor to acquire a well-located, stabilized, turn-key investment property in the desirable rental market of Fullerton, California with a 5.16% CAP Rate on current income. The location offers an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.
Laundry Features: | Common Area | Laundry: | Yes |
Lot features: | Near Public Transit, Front Yard, Landscaped, Corner Lot |
Pool Features: | None |
Parking features: | Garage | Garage spaces: | 14 |
Community Features: | Sidewalks, Street Lights |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1964 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 17437.0 |
Building Area total: | 9831.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.