3140 Quartz Lane

Fullerton, CA 92831

$1,500,000
Last Sold Price
2
Beds
4
Baths
4,103 Sq. Ft.
$366 / Sq. Ft.
4,103
Sq. Ft.
$366
per Sq. Ft.

Description

3140 Quartz Lane is a 4-unit multifamily investment property on a large lot in one of the most highly desirable rental areas in Orange County close to Cal State Fullerton with an annual enrollment of 40,000 students with over 90% of students living off campus. The 4 units are all 2B/1BA units mostly updated and have been well maintained. Fabulous opportunity to own 4 units with upside in rents. Enjoy the nearby access to the 57 Freeway for easy access to many freeway arteries in Orange and LA Counties....3140 Quartz Lane is a 4-unit multifamily investment property on a large lot in one of the most highly desirable rental areas in Orange County close to Cal State Fullerton with an annual enrollment of 40,000 students with over 90% of students living off campus. The 4 units are all 2B/1BA units mostly updated and have been well maintained. Fabulous opportunity to own 4 units with upside in rents. Enjoy the nearby access to the 57 Freeway for easy access to many freeway arteries in Orange and LA Counties. Close to shops and fine dining as well as a 15 minute drive to the Honda Center, Angels Stadium, and Disneyland.
  1. Listed by Todd Frelinger • DRE #01748434 • Brokerage DRE #02064505 • Prime Equity Properties, Inc.

Property Details for 3140 Quartz Lane

Parking Spaces Total
6
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
4103
Assessor Parcel Number
339-235-06
Property Attached YN
true

Location

Listing Courtesy of Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434

Sold By IRN Realty, Lin Fan, DRE #01930533

Add your commute
LISTING UPDATED: 07/27/2023 02:49 PM

Property Details for 3140 Quartz Lane

StatusClosed
MLS #OC23094335
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.20 AC / 8,731 SF
CountyOrange County

Location

Listing Courtesy of Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434

Sold By IRN Realty, Lin Fan, DRE #01930533

Add your commute

Building Information for 3140 Quartz Lane

Stories2Residences-Year Built1964Building Size-Lot Size0.20 AC / 8,731 SF

Payment Calculator

$8,376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3140 Quartz Lane

Income / Expense / Tax Details
Income Details
  • Gross Income: $62,700
  • Gross Scheduled Income: $62,700
  • Gross Operating Income: $62,700
  • Net Operating Income: $36,786
  • Laundry Income: $1,200
  • Financing: Cash
Expense Details
  • Operating Expense: $25,914
  • New Taxes Expense: $15,950
  • Fuel Expense: $880
  • Pest Control Expense: $193
  • Furniture Replacement Expense: $1,262
  • Electric Expense: $240
  • Insurance Expense: $1,498
  • Maintenance Expense: $4,733
  • Professional Management Expense: $0
  • Trash Expense: $193
  • Water Sewer Expense: $965
  • Total Expenses: $25,914
Tax / Assessment Info
  • Tax Tract Number: 5190
  • Tax Census Tract: 117.11
  • CFD/Mello-Roos Fee: $1,006
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Park, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $61,500
  • Unit Type Total Rent: $61,500
  • Unit Type Pro Forma: 96000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 3140 Quartz Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3140 Quartz Lane

Taxable ValueLand$30,645Additions$86,439Total$117,084
Tax Record2023$2,282 ($190 / month)
Home Facts
Total Finished SqFt4,103 SqFtAbove Grade Finished SqFt4,103 SqFtStories2Lot Size8,731 SqFtStyleQuadraplexYear Built1964CountyORANGEAPN339-235-06

Schools near 3140 Quartz Lane

This home is within Placentia-Yorba Linda Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Topaz Elementary School
PublicK to 6

Col. J. K. Tuffree Middle School
Public7 to 8

El Dorado High School
Public9 to 12

Parkview
PublicK 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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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 Prime Equity Properties, Inc., Todd Frelinger, DRE #01748434

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.