3169 Quartz Lane, Fullerton, CA 92831
  • MLS#: OC25017017 ( Apartment )
  • Street Address: 3169 Quartz Lane
  • Viewed: 4
  • Price: $4,160,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Days On Market: 94
  • Additional Information
  • County: ORANGE
  • City: Fullerton
  • Zipcode: 92831
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Greg Greg
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    The Quartz Lane Apartments is a nine unit apartment community located in the highly desirable submarket of Fullerton within the Greater Orange County area. The property offers a very attractive unit mix consisting of (1) large two bedroom/ two bathroom townhouse and (8) large two bedroom/ one bathroom units totaling 9,831 square feet, situated over a large 17,437 square foot lot. The property has undergone recent renovations and upgrades of the interiors and exterior. Some upgrades include but are not limited to new windows, new kitchens, new appliances, recessed lighting, new bathrooms, new fencing / gates, new flooring, and new roofs. Tenant amenities include a large, nicely landscaped courtyard, large patios, enclosed garages, on site laundry rooms, secured Amazon lockers, and large units featuring walk in closets and double sink vanities. Fullerton is revered as The Education Community, and is home to award winning public school systems and five universities/colleges, including California State University, Fullerton. The Quartz Lane Apartments offers a rare opportunity for an investor to acquire a well located, stabilized, turn key investment property in the desirable rental market of Fullerton, California. The location offers an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.
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Features
Building Area Total
  1. 9831.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 2750.00
Entry Location
  1. Ground
Fuel Expense
  1. 2750.00
Garage Spaces
  1. 14.00
Insurance Expense
  1. 2727.00
Laundry Features
  1. Community
Laundry Income
  1. 4080.00
Levels
  1. Two
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. Corner Lot
  2. Front Yard
  3. Landscaped
  4. Near Public Transit
Netoperatingincome
  1. 220887.00
Parcel Number
  1. 33923314
Pool Features
  1. None
Postalcodeplus4
  1. 2555
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 430885586:CRM
Totalexpenses
  1. 67145.00
Trash Expense
  1. 2750.00
Water Sewer Expense
  1. 2750.00
Water Source
  1. Public
Year Built
  1. 1964
Year Built Source
  1. Public Records