Fullerton, CA 92831,2655 Andover AVE #1-4
Fullerton, CA 92831,2655 Andover AVE #1-4
Fullerton, CA 92831,2655 Andover AVE #1-4
Fullerton, CA 92831,2655 Andover AVE #1-4
Fullerton, CA 92831,2655 Andover AVE #1-4
Fullerton, CA 92831,2655 Andover AVE #1-4
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$1,380,000

$1,399,000

1.4%
Est.Price: ?

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Est. payment /mo

7,405 Sqft Lot


SOLD DATE : 10/16/2019

Key Details

Sold Price $1,380,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision University Villas (Univ)

MLS Listing ID PW19192263

Sold Date 10/16/19

HOA Y/N No

Year Built 1964

Lot Size 7,405 Sqft

Acres 0.17

Property Description

This 4plex investment opportunity is uniquely located in the highly-rated Troy High School district and is a quick stroll or roll to Cal State Fullerton University. Not located in Fraternity Row. This is a solid income producing unit mix of one 3 bedroom/2 bath, two townhouse-style 2 bedroom/1.5 baths and one 2 bedroom/1 bath unit above the garages. The smart building layout means that there aren’t any stacked units.
Each unit features private patio space and parking includes 6 garages plus 4 parking spots in front of the garages. The convenient onsite laundry room generates additional income. Units are separately metered for gas and electric. A rehab project on the slab foundation was just completed and the contractor includes a 30-year warranty.
There is convenient nearby access to the 57 within in a mile. There is big upside in rents and all residents are currently month-to-month. This building could potentially be operated as a turnkey co-living space to dramatically increase income.

Location

State CA

County Orange

Area 83 - Fullerton

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplace No

Laundry Common Area

Exterior

Garage Assigned, Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Parking Type Assigned, Garage

Total Parking Spaces 10

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 33709110

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 632.0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christian Walsh • Coldwell Banker Res. Brokerage
Bought with William Kim • Marcus & Millichap

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"REAL" Barkley-Romero

CEO | DRE# SA695240000 | DRE# 02100184

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