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Listed by Jason Kirklen • Kirklen Investment Group
$ 1,471,000
Est. payment /mo
Price Dropped by $25K
3037 Garnet Lane Fullerton, CA 92831
3,258 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,258 sqft
Price per Sqft $451
MLS Listing ID OC-25067292
Year Built 1964
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
Property Description
The subject property features an extremely desirable unit mix comprised exclusively of two bedroom and one bath units totaling 3,258 square feet on a large, 7,405 square foot lot. 3037 Garnet Lane provides residents with amenities such as on-site laundry, six (6) garage parking spaces, private patios and walking distance to Pearl Park which features a playground, barbecue pits and picnic tables for residents to enjoy a nice outing. 3037 Garnet Lane also benefits from its strong location within the Fullerton sub-market being located near multiple shopping centers providing residents an abundance of shopping, entertainment, and dining options. The subject property is also located near a number of education institutions such as Kraemer Middle School, Valencia High School and Cal State Fullerton. Taking into consideration the subject property's strong in-place rental income and 20% upside in rents, 3037 Garnet Lane offers a new owner an appealing opportunity to take advantage of the strong rental demand in the city of Fullerton.
Location
State CA
County Orange
Zoning R-3
Interior
Laundry Common Area, Community
Exterior
Parking Features Assigned
Garage Spaces 6.0
Pool None
Community Features Curbs, Gutters, Sidewalks, Storm Drains
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer