321 East Truslow Avenue

Fullerton, CA 92832

$980,000
Last Sold Price
5
Beds
3
Baths
1,796 Sq. Ft.
$546 / Sq. Ft.
1,796
Sq. Ft.
$546
per Sq. Ft.

Description

TREMENDOUS OPPORTUNITY to acquire a very steady and reliable income property, located in nearby downtown Fullerton. This low maintenance gem has been well maintained over the years. 30 and 25 year tenants currently occupy the property. Current rents are well below pro forma numbers and can be a cash cow. The front two(2) units are attached and boast a new roof of less than 60 days ago. The 3rd unit(house) is detached behind the front two(2) units with a yard area between the houses. At the rear of...TREMENDOUS OPPORTUNITY to acquire a very steady and reliable income property, located in nearby downtown Fullerton. This low maintenance gem has been well maintained over the years. 30 and 25 year tenants currently occupy the property. Current rents are well below pro forma numbers and can be a cash cow. The front two(2) units are attached and boast a new roof of less than 60 days ago. The 3rd unit(house) is detached behind the front two(2) units with a yard area between the houses. At the rear of the property is a three(3) car garage. This is truly a great property.
  1. Listed by Mitch Berry • DRE #01314740 • Brokerage DRE #01878277 • eXp Realty of California Inc

Property Details for 321 East Truslow Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1796
Assessor Parcel Number
033-093-10

Location

Listing Courtesy of eXp Realty of California Inc, Mitch Berry, DRE #01314740

Sold By Faith Real Estate, Inc., Nicholas Jenkins, DRE #01851941

Add your commute
LISTING UPDATED: 06/01/2022 05:04 AM

Property Details for 321 East Truslow Avenue

StatusClosed
MLS #PW21239100
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.16 AC / 6,909 SF
CountyOrange County

Location

Listing Courtesy of eXp Realty of California Inc, Mitch Berry, DRE #01314740

Sold By Faith Real Estate, Inc., Nicholas Jenkins, DRE #01851941

Add your commute

Building Information for 321 East Truslow Avenue

Stories-Residences-Year Built1921Building Size-Lot Size0.16 AC / 6,909 SF

Payment Calculator

$6,277 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,348

Property Taxes

$929

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 East Truslow Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $45,900
  • Gross Scheduled Income: $45,900
  • Net Operating Income: $900
  • Financing: Conventional
Expense Details
  • Operating Expense: $75
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,600
  • Trash Expense: $7,000
  • Water Sewer Expense: $840
  • Total Expenses: $3,140
Tax / Assessment Info
  • Tax Block: 38
  • Tax Tract Number: 276
  • Tax Census Tract: 116.02
  • CFD/Mello-Roos Fee: $495
  • Tax Lot: 18
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Roof: Composition
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
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: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,259
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $12,500
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 321 East Truslow 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 321 East Truslow Avenue

Taxable ValueLand$941,858Additions$57,742Total$999,600
Tax Record2023$11,142 ($929 / month)
Home Facts
Beds2Total Finished SqFt1,190 SqFtAbove Grade Finished SqFt1,190 SqFtLot Size6,975 SqFtStyleSingle Family ResidenceYear Built1921CountyORANGEAPN033-093-10

Schools near 321 East Truslow 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
Maple 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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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, Mitch Berry, DRE #01314740

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.