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Fully Occupied 4 Units in Fullerton

Orange County

3061 Garnet Ln, Fullerton, CA 92831

Property Description

3061 Garnet Lane is a fully occupied 4 Unit property located in the city of Fullerton in north OC.  This investment offers an owner occupier or investor a chance to acquire a low maintenance rental property in a high demand rental market.

This entire property is comprised of a 3,258 SF building with   (4) 2/1 units, each with their own private patios, dedicated access, and detached garage in the back for secured parking and storage.

All of the tenants are month to month, current on rents, and there is huge opportunity for a new investor to increase the cash flow with improved management. The building was originally built in 1964 and sits on a total lot size of 6,734 SF on a nice neighborhood corner street for added visibility and curb appeal.

Features and Highlights

  • Month to Month Tenancy with Full Occupancy.
  • Below Market Rents in a Strong Rental Area.
  • Collecting Decent Rents in a Strong Rental Area.
  • Great Location in Fullerton in North Orange County near Yorba Linda, Placentia, Brea, Cal State Fullerton, Anaheim, Angels Stadium, Freeways, Restaurants & Shops.

Property Details

  • Price:$1,300,000
  • APN:339-222-08
  • Units:4
  • Unit Mix:2 Bed / 1 Bath
  • Building Size:3,258 SF
  • Lot Size:6,734 SF
  • Year Built:1964
  • MLS:OC21112012

Listing Agent: Brian Noh, CCIM DRE: 01438115

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