1105 East Walnut Avenue

Fullerton, CA 92831

$1,190,000
Price
4
Beds
5
Baths
1,252 Sq. Ft.
$950 / Sq. Ft.
1,252
Sq. Ft.
$950
per Sq. Ft.

Description

Welcome to Fullerton, where a lucrative investment opportunity awaits you! This unique property is a fully upgraded single-family home with an impressive rental income monthly. Let's explore the features that make this property a standout investment:
Main House:
4 bedrooms, 2 bathrooms, and a spacious 1,252 square feet of living space. Recently upgraded kitchen with modern amenities. Comfortable and well-designed living room and bedrooms. Enjoy year-round comfort with central AC/heat. Ample parking
...Welcome to Fullerton, where a lucrative investment opportunity awaits you! This unique property is a fully upgraded single-family home with an impressive rental income monthly. Let's explore the features that make this property a standout investment:

Main House:

4 bedrooms, 2 bathrooms, and a spacious 1,252 square feet of living space. Recently upgraded kitchen with modern amenities. Comfortable and well-designed living room and bedrooms. Enjoy year-round comfort with central AC/heat. Ample parking with a large driveway
Secondary Units:

Two Studio units located in the back for added rental potential. Each unit has its own private entrance for convenience and privacy. The second structure includes a laundry room and an additional full bathroom, accessible to both secondary units. Ideal Location:
Less than 10 minutes from downtown Fullerton, offering access to a vibrant city atmosphere. Proximity to educational institutions such as Fullerton College and Fullerton Union High School. Conveniently located near shopping centers, gyms, and restaurants. Easy access to the 22 and 57 freeways for seamless commuting. Disneyland Park is within a 20-minute drive, providing entertainment options for residents and visitors alike. Outdoor Oasis:
The backyard is designed for entertaining, featuring a fire pit and a natural gas BBQ. Plenty of open space for gatherings, relaxation, and enjoyment. This property is an excellent choice for investors seeking a high return on investment or for families looking to maximize space and generate rental income. Don't miss out on this incredible opportunity; schedule a viewing today before this property becomes a sought-after gem in Fullerton!
  1. Listed by Tao Chen • DRE #01998451 • Brokerage DRE #01878277 • eXp Realty of California Inc • 805-259-5151

Property Details for 1105 East Walnut Avenue

Parking Spaces Total
7
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1252
Assessor Parcel Number
033-193-26

Location

Listing Courtesy of eXp Realty of California Inc, Tao Chen, DRE #01998451
Add your commute
LISTING UPDATED: 04/29/2024 11:13 PM

Property Details for 1105 East Walnut Avenue

StatusActive
MLS #SR24084870
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.15 AC / 6,540 SF
CountyOrange County

Location

Listing Courtesy of eXp Realty of California Inc, Tao Chen, DRE #01998451
Add your commute

Building Information for 1105 East Walnut Avenue

Stories1Residences-Year Built1951Building Size-Lot Size0.15 AC / 6,540 SF

Payment Calculator

$7,389 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,494

Property Taxes

$895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1105 East Walnut Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,400
  • Gross Scheduled Income: $89,400
  • Net Operating Income: $87,400
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $2,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $1,200
Tax / Assessment Info
  • Tax Tract Number: 1251
  • Tax Census Tract: 114.03
  • CFD/Mello-Roos Fee: $379
  • Tax Lot: 31
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Fireplace Features: Outside
  • Cooling: Central Air
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1105 East Walnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1105 East Walnut Avenue

Taxable ValueLand$851,683Additions$123,317Total$975,000
Tax Record2023$10,738 ($895 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,252 SqFtAbove Grade Finished SqFt1,252 SqFtStories1Lot Size6,540 SqFtStyleSingle Family ResidenceYear Built1951CountyORANGEAPN033-193-26

Schools near 1105 East Walnut Avenue

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Raymond Elementary School
PublicK to 6

Ladera Vista Junior High School
Public7 to 8

Fullerton Union High School
Public9 to 12

La Vista High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1105 East Walnut Avenue is a multi-family home for sale in Fullerton, CA 92831. This property was listed for sale on April 29, 2024 by eXp Realty of California Inc, it's currently listed at $1,190,000. It has been on the market for a total of 19 days and was last sold on June 28, 2022. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Raymond Elementary School, Ladera Vista Junior High School and Fullerton Union High School. 1105 East Walnut Avenue is a 4-bed, 5-bath, 1,252 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Tao Chen, DRE #01998451

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.