3750 Franklin Ave - Apartments FOR SALE


Fullerton, CA 92833
$3,150,000 USD
949-681-8388
3750 Franklin Ave, Fullerton, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/17
null | 4.37% Cap Rate

3750 Franklin Ave
Fullerton, CA 92833


HIGHLIGHTS

  • DESIRABLE UNIT MIX - Six 2-bed/1-bath units and four 1-bed/1-bath units
  • LARGE ±19,042 SF LOT - Low density mostly single-story construction
  • GARAGE PARKING - Fourteen garages plus additional onsite surface parking
  • FUNCTIONAL LAYOUT - Garden-style configuration with mostly single-story construction and center courtyard
  • CONVENIENT AMENITIES - Two on-site laundry rooms (owned / not leased), wall/window A/C, and some private yards
  • PRIME LOCATION - Easy access to Beach Blvd, the 5 and 91 Freeways, and major commercial corridors

OVERVIEW

Mark Bridge at Matthews is pleased to present 3750 W Franklin Ave, a garden-style, ten-unit multifamily asset situated on an expansive ±19,042 square foot lot in Fullerton, CA. Constructed in 1972, the property features a desirable mix of six two-bed, one-bath units and four one-bed, one-bath units. With a low-density, mostly single-story layout centered around a landscaped courtyard, the property offers key amenities such as two on-site laundry rooms (owner-owned machines), fourteen garage parking spaces with 3 additional surface spots, wall/window A/C units, and separately metered gas and electric for each unit. Several units also feature private yard space, further enhancing tenant retention and rental appeal. Strategically positioned near the Fullerton-Buena Park border with immediate access to the 5 and 91 Freeways, the asset benefits from proximity to Knott’s Berry Farm, The Source OC, and numerous retail and dining destinations. DESIRABLE UNIT MIX Six 2-bed/1-bath units and four 1-bed/1-bath units LARGE ±19,042 SF LOT Low density mostly single-story construction GARAGE PARKING Fourteen garages plus three additional onsite surface parking FUNCTIONAL LAYOUT Garden-style configuration with mostly single-story construction and center courtyard CONVENIENT AMENITIES Two on-site laundry rooms (owned / not leased), wall/window A/C, and some private yards SEPARATELY METERED Separate gas and electric meters for each unit PRIME LOCATION Easy access to Beach Blvd, the 5 and 91 Freeways, and major commercial corridors

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

10

PRICE/UNIT

$315,000

CAP RATE

4.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R-3, Fullerton

APN/PARCEL ID

070-224-05

ASK ABOUT THIS PROPERTY

Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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Mark BridgeThe Bridge Multifamily Team at MatthewsMore Info
949-681-8388

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