Fullerton, CA 92831 2024 E Whiting E
$2,275,000
9 more
Presented By: Michael Arp with Morgan Skenderian; 714 262-8992
Baths • 1
SQFT • 4,660
Garage • 6
Home Details
Morgan Skenderian is pleased to present 2024 E. Whiting Avenue, a pride of ownership 6 unit apartment complex in the city of Fullerton. Over the past few years, current ownership has invested over $200,000 in upgrades. Five of the six apartments have been renovated, the exterior has been painted giving it a modern aesthetic, new windows were installed, and the landscaping was replaced with beautiful, drought tolerant turf and rose bushes. Tenant amenities include gas cooking, wall heating, garage parking, an onsite laundry facility, and a gated court yard with tables and chairs. Renters also benefit from the property’s proximity to Downtown Fullerton (approximately 2 miles) and Cal State Fullerton University (approximately 1 mile) as wells it’s convenient access to the 57, 91 & 5 Freeways allowing expedient travel throughout Orange & Los Angeles County. Finally, new ownership will have the ability to add up to two ADUs on the subject property which will add immediate value to this well located, turnkey asset.
Presented By: Michael Arp with Morgan Skenderian; 714 262-8992
Interior Features for 2024 E Whiting E
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 2024 E Whiting E
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.6
CityFullerton
Community FeaturesStreet Lights, Sidewalks
Construction MaterialsStucco
CoolingWall/Window Unit(s)
CountyOrange
DirectionsSouth of East Chapman Ave. and West of South State College Blvd.
Electric Expense1142
Entry LocationGround
Fuel Expense1142
Garage Spaces6
Garage Y/NYes
Gross Income900
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense4045
Land Lease Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet7405
Lot Size UnitsSquare Feet
MLS Area83 - Fullerton
MaintenanceExpense3468
Net Operating Income105026
New ConstructionNo
Number Of Units Total6
Operating Expense45246
Pool FeaturesNone
PostalCityFULLERTON
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Lot40
Taxes$24,771
Tenant PaysCable TV, Electricity, Gas
Trash Expense652
UtilitiesElectricity Connected, Natural Gas Connected, Water Connected
Water Sewer Expense4568
Year Built1961
Year Built SourceAssessor
Exterior for 2024 E Whiting E
Building Area Total4660
Lot FeaturesLandscaped, Rectangular Lot, Street Level
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Parking FeaturesGarage Faces Rear
Private PoolNo
Total Parking6
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®