MLS® ID: OC19159723

2036 E E Wilshire Avenue

Fullerton, California, 92831

$1,249,000 Active Under Contract
  • - SQFT
EXCELLENT 4-PLEX INVESTMENT!!! What a great opportunity for your hard to qualify Buyers! The Seller will carry a first trust deed loan for up to 30 years at 4.99% fixed and will even take interest only payment in the first 2 to 5 years of the loan. No need to use bank financing!!! This is an excellent 4-plex investment located approx 1/2 mile from Cal State Fullerton and approx 3/4 of a mile from Fullerton College. Also, there is a Junior High School very near the property. The property also features the following: (1.) All units have no one below or above any of the other tenants and tenants are all long term...virtually no vacancy!!! (2.) Plumbing was replaced with copper plumbing in 1995. (3.) Roof was replaced in 2017/2018. (4.) Sectional Garage doors replaced in 2011. (5.) Building was fumigated in 2011. (6.) Outside lighting updated in 2017 (7.) New Exterior paint in 2013. (8.) All units have a porch, patio or yard. (9.) In the last month or so the Seller spent $10,000 installing new landscaping, lawns and replaced the sprinkler system. (10.) Apartment "D" master bathroom has been completely renovated and new shower installed. (11.) Units "C" and "D" have had new windows installed. EXCELLENT UNIT MIX...(2) 3 br-2 ba units each with a 2 car garage and (2) 2 br-2 ba units each with a 1 car garage. Central laundry room with leased equipment. At currently low rents 16.68 GRM. Can be 14.32 GRM after raising rents. SUBMIT OFFERS WITH FINANCING TERMS TO SUIT YOUR BUYERS!!!!
Read More

Listing courtesy of New Dimension Investment Prop

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92831
  • Office name
    New Dimension Investment Prop
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    R3
  • Year built
    1963
  • Lot size
    8821.00
  • Sewer
    Public Sewer,Sewer Paid
  • Heating
    Wall Furnace,Natural Gas
  • Tax year
    2019
  • Agent name
    Bob Walz
  • Tax amount
    $ 14486.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    J01334
  • Agent ID
    SWALZBOB

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info