925 South Malden Avenue

Fullerton, CA 92832

$4,995,000
Price
17
Beds
13
Baths
10,121 Sq. Ft.
$494 / Sq. Ft.
10,121
Sq. Ft.
$494
per Sq. Ft.

Description

Embrace a golden investment opportunity with this exceptional 12-unit apartment complex in Fullerton, CA. Nestled in a prime location, this meticulously maintained property seamlessly combines modern living with convenience. Featuring a diverse mix of well-designed units, each boasting spacious layouts, residents will relish the comforts of home in a sought-after neighborhood. The property's lush landscaping enhances its curb appeal, creating a welcoming atmosphere for tenants. With ample parking,...Embrace a golden investment opportunity with this exceptional 12-unit apartment complex in Fullerton, CA. Nestled in a prime location, this meticulously maintained property seamlessly combines modern living with convenience. Featuring a diverse mix of well-designed units, each boasting spacious layouts, residents will relish the comforts of home in a sought-after neighborhood. The property's lush landscaping enhances its curb appeal, creating a welcoming atmosphere for tenants. With ample parking, strategic proximity to schools, parks, and shopping, and a solid rental history, this multifamily gem stands as a lucrative venture for investors seeking both immediate returns and long-term growth in the thriving Southern California real estate market. Don't miss out on the chance to acquire this turnkey investment in one of Fullerton's most desirable locations.
  1. Listed by Jonathan Paik • DRE #01330976 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 925 South Malden Avenue

Zoning
R3
Style
Other
Parcel Number
07307230
Total Units
12.0
Living Area
10121
Source Living Area
Assessor
Area
Fullerton (83)
Vacancy Rate
0

Location

Listing Courtesy of eXp Realty of California Inc, Jonathan Paik, DRE #01330976
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LISTING UPDATED: 02/17/2024 12:01 AM

Property Details for 925 South Malden Avenue

StatusActive
MLS #24-356717
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.34 AC / 14,810 SF
CountyOrange County

Location

Listing Courtesy of eXp Realty of California Inc, Jonathan Paik, DRE #01330976
Add your commute

Building Information for 925 South Malden Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$31,058 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,260

Property Taxes

$3,798

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 925 South Malden Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 12
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 12
  • Security Features: None
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $325,989
  • Net Operating Income: $217,109.00
  • Gross Income: $325,989
  • Cap Rate: 4.30%
  • Gross Rent Multiplier: $14.89
  • Actual Annual Gross Rent: $335,546.00
  • Actual Rent Total: $325,989.00
  • Vacancy Allow Dollar: $9,557.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 108880
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.34
  • Lot Size Square Feet: 14810
  • Lot Size Dimensions: 123x122
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached, Garage - 1 Car
  • Total Parking: 12
  • Parking Features: Garage - Single Door
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Vinyl Plank
  • Equipment: Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-09-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,957.00
  • Unit Actual Rent: $7,524.00
  • Unit Projected Rent: $7,828.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,236.00
  • Unit Actual Rent: $10,750.00
  • Unit Projected Rent: $11,180.00
  • Like Units: 5
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,366.00
  • Unit Actual Rent: $4,550.00
  • Unit Projected Rent: $4,732.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,808.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $2,808.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $390,432.00
  • Assessed Improvement Percent: 9.76
  • Assessed Land Value: $3,609,568.00
  • Assessed Land Percent: 90.24
  • Assessed Total Value: $4,000,000.00

Property History for 925 South Malden 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 925 South Malden Avenue

Taxable ValueLand$3,609,568Additions$390,432Total$4,000,000
Tax Record2023$45,575 ($3,798 / month)
Home Facts
Total Finished SqFt10,123 SqFtAbove Grade Finished SqFt10,123 SqFtStories2Lot Size14,814 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyORANGEAPN073-072-30

Schools near 925 South Malden 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
Richman Elementary School
PublicK to 6

Nicolas 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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Similar Sold Homes

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925 South Malden Avenue is a multi-family home for sale in Fullerton, CA 92832. This property was listed for sale on February 9, 2024 by eXp Realty of California Inc, it's currently listed at $4,995,000. It has been on the market for a total of 79 days and was last sold on May 9, 2022. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Richman Elementary School, Nicolas Junior High School and Fullerton Union High School. 925 South Malden Avenue is a 17-bed, 13-bath, 10,121 sqft multi-family home built in 1962.

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, Jonathan Paik, DRE #01330976

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.