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2401 Clarke Avenue

Fullerton, CA 92831
  • $1,150,000
  • STATUS: Active Under Contract
  • ON SITE: 99 Days
  • ID#: OC21155765
Under Contract
UPDATED: 74 min ago
$1,150,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1954
County:

School Ratings & Info

Description

Attention Investors. Fantastic opportunity to to own this property with great cash flow. Prior to renovation and addition the Property has been successfully rented to students for the past 5 years. How about $7000 income /month? Very conveniently located, 8 minutes walking distance to CAL State Fullerton. Plenty of parking spaces on the property plus a two car garage. The brand new addition of 1100 permitted Sqfeet 2 bedroom, 2 bath, living room and den which could easily be converted into another bedroom. The home has three separate entrances for convenience. This property is also perfect for an Assisted Living Care home. Currently 6 bedrooms easily convertible to 7 bedrooms. Entire house completely updated and looks beautiful.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/119396516
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2401 Clarke Avenue Fullerton, CA 92831

  • Price: $1,150,000
  • Status: Active Under Contract
  • Updated: 74 min ago
  • ID#: OC21155765
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1954
Built
Neighborhood:
Fullerton Crest (Fucr)
County:
Orange
Area:
83 - Fullerton
Property Description
Attention Investors. Fantastic opportunity to to own this property with great cash flow. Prior to renovation and addition the Property has been successfully rented to students for the past 5 years. How about $7000 income /month? Very conveniently located, 8 minutes walking distance to CAL State Fullerton. Plenty of parking spaces on the property plus a two car garage. The brand new addition of 1100 permitted Sqfeet 2 bedroom, 2 bath, living room and den which could easily be converted into another bedroom. The home has three separate entrances for convenience. This property is also perfect for an Assisted Living Care home. Currently 6 bedrooms easily convertible to 7 bedrooms. Entire house completely updated and looks beautiful.
Exterior Features

Construction Materials Stucco Lot Features 0-1 Unit/AcreLawnLandscapedNear Public Transit Number Of Separate Electric Meters 1 Parking Features DrivewayGarageGuestOn SiteOff StreetPavedOn Street Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street

Interior Features

Appliances DishwasherSelf Cleaning OvenTankless Water HeaterWater Heater Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminateTile Heating Central Heating YN Yes Interior Features Granite CountersIn-Law FloorplanOpen FloorplanBedroom On Main LevelLoftMain Level Master

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features ParkStreet LightsSuburbanSidewalks Garage YN Yes Gross Income 84000 Gross Scheduled Income 84000 Insurance Expense 2000 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 79300 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 3860 Possession Close Of Escrow Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGasTelephone Trash Expense 360 Water Sewer Expense 600 Water Source Public

Listing provided courtesy of Terezia Szoke of Realty One Group West


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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