900 East Chapman Avenue

Fullerton, CA 92831

$1,980,000
Price
6
Beds
6
Baths
4,674 Sq. Ft.
$424 / Sq. Ft.
4,674
Sq. Ft.
$424
per Sq. Ft.

Description

6-Unit Multifamily Investment Opportunity on a Large Lot The property is located in very desirable rental area in City of Fullerton & One of the premier rental markets in Orange County 6-Units over 3 free standing buildings All 6-units are 1 bedroom,1 bath & well maintained 3 Units recently remodeled, including: new kitchen cabinets, Quartz counter tops, stainless steel appliances & remodeled 3 bathrooms, new interior paint and new dual pane window Always fully occupied with long terms tenants Gas...6-Unit Multifamily Investment Opportunity on a Large Lot The property is located in very desirable rental area in City of Fullerton & One of the premier rental markets in Orange County 6-Units over 3 free standing buildings All 6-units are 1 bedroom,1 bath & well maintained 3 Units recently remodeled, including: new kitchen cabinets, Quartz counter tops, stainless steel appliances & remodeled 3 bathrooms, new interior paint and new dual pane window Always fully occupied with long terms tenants Gas & Electric are separate meters 6 Single Car garages with additional dedicated parking spaces Close to Downtown Fullerton shops, restaurants, business offices, Fullerton College, Cal State Fullerton, Metro Station and 57, 91 FWY Much More
  1. Listed by Happy Kim • DRE #01342769 • Brokerage DRE #01096925 • New Star Realty & Investment • 714-313-8700
  2. Listed by Jason Kim • DRE #01740866 • Brokerage DRE #01096925 • New Star Realty & Investment

Property Details for 900 East Chapman Avenue

View
None
Parking Spaces Total
9
Private Pool
No
Cooling Type
Wall/Window
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4674

Location

Listing Courtesy of New Star Realty & Investment, Happy Kim, DRE #01342769; New Star Realty & Investment, Jason Kim, DRE #01740866
Add your commute
LISTING UPDATED: 04/09/2024 01:29 PM

Property Details for 900 East Chapman Avenue

StatusActive
MLS #PW24067398
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
CountyOrange County

Location

Listing Courtesy of New Star Realty & Investment, Happy Kim, DRE #01342769; New Star Realty & Investment, Jason Kim, DRE #01740866
Add your commute

Building Information for 900 East Chapman Avenue

Building/Complex900 E Chapman AveFloor-Stories2Residences-Pet Policy-Year Built1929Building Size-

Payment Calculator

$12,559 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,806

Property Taxes

$1,753

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 900 East Chapman Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $135,120
  • Gross Scheduled Income: $135,120
  • Gross Operating Income: $135,120
  • Net Operating Income: $94,584
  • Cap Rate: 4.8
Expense Details
  • Operating Expense: $40,536
  • New Taxes Expense: $21,040
  • Gardener Expense: $1,200
  • Electric Expense: $0
  • Insurance Expense: $3,954
  • Professional Management Expense: $0
  • Trash Expense: $2,000
  • Water Sewer Expense: $2,140
  • Total Expenses: $40,536
Tax / Assessment Info
  • Tax Tract Number: 205
  • Tax Census Tract: 114.03
  • CFD/Mello-Roos Fee: $1,534
  • Tax Lot: 47
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace, Space Heater
  • Heating: Floor Furnace, Space Heater
  • Heat Equipment: Floor Furnace
Exterior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: Composition
  • Entry Location: 1
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Available, Water Connected
  • Electric: Electricity Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Parking Space
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, Parking Space
Unit Information
Unit 1
  • 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: $2,050
  • Unit Type Total Rent: $2,050
  • 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: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • 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: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • 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: $1,730
  • Unit Type Total Rent: $1,730
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit 5
  • 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: $1,730
  • Unit Type Total Rent: $1,730
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 5
Unit 6
  • 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: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 3

Property History for 900 East Chapman 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 900 East Chapman Avenue

Taxable ValueLand$1,530,000Additions$306,000Total$1,836,000
Tax Record2023$21,040 ($1,753 / month)
Home Facts
Total Finished SqFt4,674 SqFtAbove Grade Finished SqFt4,674 SqFtStories2Lot Size13,177 SqFtStyleMulti-Family Res (5+ Units)Year Built1929CountyORANGEAPN033-162-01

Schools near 900 East Chapman 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 Sierra High (Alternative) 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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900 East Chapman Avenue is a multi-family home for sale in Fullerton, CA 92831. This property was listed for sale on April 6, 2024 by New Star Realty & Investment, it's currently listed at $1,980,000. It has been on the market for a total of 25 days and was last sold on May 24, 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. 900 East Chapman Avenue is a 6-bed, 6-bath, 4,674 sqft multi-family home built in 1929.

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 New Star Realty & Investment, Happy Kim, DRE #01342769; New Star Realty & Investment, Jason Kim, DRE #01740866

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.