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John Chesshire
The Shire Real Estate Group
2651 East Chapman Avenue #103
Fullerton, CA 92831

714-317-8278
Contact Us
CA DRE#00922652 

Contact Us





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Listing 12 out of 278
$1,980,000 For Sale

300 N Mountain View Place
Fullerton, CA 92831

7 units | Multi Family Home
8712 sq ft lot - MLS# TR19162188
Property Photo
1/38

Description

*Orange County Great Location in the City of Fullerton. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. No Rent Control. 100% Fully Occupied. Two-Story 7-Unit Apartment Building is Located in a Quiet and Rental Desirable Neighborhood in the City of Fullerton. Corner Lot which is At The Corner of 300 N. Mountain View Place & 2001 E. Wilshire Avenue. Inside Total 4,327 Sq.ft. Newer Paint. Newer Windows and Most of the Units have been Fully Renovated. All One Bedroom with One Bath, Monthly Rent ( $1,595 /$ 1,450 /$ 1,350 /$ 1,202 /$ 1,350 /$1,350 /$1,495) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $ 118,704, Annual Expense includes Property Tax, Insurance is Approx. $ 36,732. Annual Net Operating Income Approx. $ 81,972. Performa Annual Rental Income will be $ 137,820. Landlord Only Pays the Water /Trash /Laundry Gas /Gardener /Property Tax /Insurance. Separate On-Site Coin-Operated Laundromat For Addition Laundry Income. Detached 7 Enclosed Single-Car Garages on the Side Which can be Rented $100 Per Month Additional for Extra Rental Income. School Across the Street. Short Distance to Cal State Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.Tenants with a " Month-To-Month "Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent. Great investment opportunity For The Investor who Wants to Keep this property as a Long Term Investment.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92831
  • Year Built: 1958
  • Stories: Two
  • Units: 7 units
  • # of Parking Spaces: 7.00
  • Lot Size: 8712 sq ft lot
  • Area: 83 - Fullerton
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4327.00
  • Building Area Units: Square Feet
  • Cap Rate: 4.14
  • Community Features: Suburban
  • Cooling: Wall/Window Unit(s)
  • Cooling YN: Yes
  • Country: US
  • Directions: Fwy 57, Exit Chapman Ave, West on Chapman, Right On Mountain View Pl .
  • Electric Expense: 586.00
  • Fuel Expense: 1602.00
  • Garage Income: 1200.00
  • Garage Spaces: 7.00
  • Gardener Expense: 1200.00
  • Gross Income: 118704.00
  • Gross Scheduled Income: 118704.00
  • Insurance Expense: 4500.00
  • Laundry Features: Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01772547
  • Listing Office License: 01327527
  • Lot Features: Corner Lot
  • Lot Size Area: 8712.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 81972.00
  • New Taxes Expense: 19520.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Operating Expense: 36732.00
  • Sewer: Public Sewer
  • Stories Total: 2
  • Total Actual Rent: 9792.00
  • Total Expenses: 36732.00
  • Trash Expense: 1277.00
  • Water Sewer Expense: 3847.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Century 21 Care, Sheng Wang



The Shire Real Estate Group | 714-317-8278 | Contact Us
2651 East Chapman Avenue #103 - Fullerton, CA 92831
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