3160 Garnet, Fullerton, CA 92831
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
3160 Garnet,Fullerton, CA 92831
$1,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eric reichert
Office: ocproperties714-842-3159
MLS#:OC26133079
Source:CRMLS
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Price summary
- Price:$1,500,000
About this home
Fell Out of Escrow – Their Loss, Your Gain! --- GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County's most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange....
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Home facts
- Year built:1964
- Listing ID #:OC26133079
- Added:100 day(s) ago
- Updated:September 29, 2026 at 07:00 AM
Structure and exterior
- Year built:1964
- Lot Features:Walkstreet
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,500,000
Parking
- Total parking spaces:6
- Parking description:Garage
- Garage:Yes
- Garage spaces:6
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