3921 Franklin Ave - 4-Plex Apartment (Orange County), CA
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3921 Franklin Ave - 4-Plex Apartment (Orange County), CA
4 Unit Apartment Building Offered at £1,956,125 at a 5.50% Net Initial Yield in Fullerton, CA 92833
Investment Highlights
- The subject property is located in Fullerton (Orange County), CA which is one of the top real estate markets nationwide
- Excellent Location for Residential/Apartment Units - Over 600,000 residents within 5-mile radius, with over 51% of residents living in rental housing
- The subject property is located close to I-5 Freeway and Highway 91; both major thoroughfares within Orange County creating convenience for residents
- 100% Leased - Ease of Management - Passive Cash Flow
- Located in North Orange County, Fullerton is approx 25 miles from downtown Los Angeles and less than 20 minutes away from Disneyland
Executive Summary
100% Occupied 4-Plex Apartment Complex in the heart of Fullerton, CA
Property Facts
| Price | £1,956,125 | Building Size | 5,278 SF |
| Price Per Unit | £489,031 | Average Occupancy | 100% |
| Sale Type | Investment | Number of Floors | 1 |
| Net Initial Yield | 5.50% | Year Built | 1946 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Property Type | Residential |
| Price | £1,956,125 |
| Price Per Unit | £489,031 |
| Sale Type | Investment |
| Net Initial Yield | 5.50% |
| No. Units | 4 |
| Property Type | Residential |
| Building Size | 5,278 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1946 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
| 3+1 | 1 | - | - |
| 4+2 | 1 | - | - |
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zoning
| Zoning Code | R3 |
| R3 |
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3921 Franklin Ave - 4-Plex Apartment (Orange County), CA
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