3043 Topaz Ln - Apartments FOR SALE


Fullerton, CA 92831
$1,750,000 USD
949-629-7640
3043 Topaz Ln, Fullerton, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/8
null | 4.54% Cap Rate

3043 Topaz Ln
Fullerton, CA 92831


HIGHLIGHTS

  • All 2 & 3 Bedroom Units
  • Generous Floorplans Totaling 4,337 Rentable Square Feet
  • New Electrical Panels, New Roof, Concrete Driveway, Decks, Balconies & Railings
  • Garages, Patios, Balconies, On-Site Laundry, Wall A/C
  • Located just Minutes from Cal State Fullerton - Home to Over 40,000 Students
  • Can Be Purchased with Identical Neighboring Property

OVERVIEW

Built in 1964 and situated on just under 8,000 square feet of land, this property features four spacious units, all with two & three bedrooms, offering generous floorplans for a total of 4,337 rentable square feet. Some of the property amenities include an onsite laundry facility, patios/balconies, fireplaces (for select units, individual water heaters, (2) double-car garages and (2) single-car garages for a 1.5 to 1 parking ratio. The property boasts a new roof, concrete driveways, decks, balconies, railings and new electrical panels. All of the units are individually metered for electricity and gas. This property can be purchased with the neighboring property at 3049 Topaz Lane. Ideally located within the city of Fullerton, this property is near an endless amount of dining, shopping and entertainment options. Additionally, the property is centrally located near the 91 Freeway and the 57 Freeway, allowing for ease of access to regional employment hubs in Los Angeles and Orange County.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

4.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,773 SF

ZONING

R3

APN/PARCEL ID

339-221-05

ASK ABOUT THIS PROPERTY

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.