3100 Quartz Lane, Fullerton, CA 92831
  • MLS#: OC23225443 ( Apartment )
  • Street Address: 3100 Quartz Lane
  • Viewed: 2
  • Price: $17,990,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 338
  • Additional Information
  • County: ORANGE
  • City: Fullerton
  • Zipcode: 92831
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The Quartz Portfolio, a 43 unit multifamily investment opportunity located in Fullerton, CA. Situated on seven neighboring parcels, the portfolio offers a highly desirable mix of spacious two and three bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on site laundry facility, private patios (select units), and ample garage parking. The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohls, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California. In summary, The Quartz Portfolios fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio.
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Features
Additional Parcels Description
  1. 339-235-02
  2. 339-233-18
  3. 339-233-19
  4. 339-233-21
  5. 339-233-22
  6. 339-233-23
Building Area Total
  1. 46368.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Days On Market
  1. 298
Electric Expense
  1. 22456.00
Entry Location
  1. First Floor
Fuel Expense
  1. 22456.00
Garage Spaces
  1. 60.00
Insurance Expense
  1. 22268.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. Level with Street
Netoperatingincome
  1. 790149.00
Newtaxesexpense
  1. 191235.00
Number Of Buildings
  1. 10
Number Of Separate Electric Meters
  1. 43
Number Of Separate Gas Meters
  1. 43
Otherexpense
  1. 87251.00
Otherexpensedescription
  1. Misc
Otherincome1
  1. 50595.00
Otherincomedescription
  1. Misc
Parcel Number
  1. 33923501
Pool Features
  1. None
Postalcodeplus4
  1. 2543
Professionalmanagementexpense
  1. 37382.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 406742376:CRM
Totalactualrent
  1. 1232436.00
Totalexpenses
  1. 455909.00
Trash Expense
  1. 22455.00
Vacancyallowance
  1. 36973
Water Sewer Expense
  1. 22456.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Assessor