709 E Santa Fe Avenue
Fullerton, CA, 92831 $ 1,950,000
Bedrooms6 Baths1.0 Sq 4,430 Monthly Estimate*
$ 12,960
Listed by Marcus & Millichap RE Invest
for $1,950,000 with 6 bedrooms and 1 full bath. This 4,430 square foot home was built in 1960 on a lot size of 0.18.
709 East Santa Fe Avenue is a 6-unit multifamily investment property located in Fullerton, California. Built in 1960, 709 East Santa Fe Avenue offers six, spacious one-bedroom floor plans measuring approximately 738 square feet. The property features amenities including gated pedestrian access, a large community courtyard, an on-site laundry facility and ample garage parking. 709 East Santa Fe Avenue has an attractive Fullerton location, within walking distance of Downtown Fullerton, providing residents with convenient access to a plethora of shopping, dining, and entertainment options. The property benefits from its close proximity, just 0.40 miles, to Fullerton College, a major economic and housing driver for the area. Additionally, residents enjoy easy access to an abundance of everyday needs at Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, conveniently located within a 1-mile radius of 709 East Santa Fe Avenue. Furthermore, the property is just over 1.50 miles from both California State University, Fullerton (CSUF), and Providence, St. Jude Medical Center, two of the city’s premier employers with 3,000 and 1,000 employees respectively, per the city’s 2023 Annual Comprehensive Financial Report.
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FeaturesGeneralSewer PublicSewer
HOA 0.0
Garage Spaces 6.0
Pool Features None
Year Built 1960
Stories 2
Levels Two
Property SubType Apartment
Gross Income 144852.0
Community Features Curbs Gutters Sidewalks
County Orange
Net Operating Income 98140.0
Operating Expense 42420.0
Insurance Expense 3600.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross Streets of East Santa Fe Avenue & South Yale Avenue
City Fullerton
Entry Location First level
View Y/N N
Senior Community Y/N N
Total Units 6
MLS Area 699 - Not Defined
Lot Size Square Feet 7840.8
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Santa Fe
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 2038.0
Home Warranty Y/N N
Fuel Expense 2038.0
Trash Expense 2038.0
Water Sewer Expense 2041.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 55
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 13
Property Sub Type Additional Apartment
Taxes 20717.0
Cap Rate 5.03
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ExteriorLot Features StreetLevel
Water Source Public
Total Parking 6.0
Lot Size Area 0.18
Number of Buildings 1
Spa N
Building Area Total 4430.0
Lot Size Acres 0.18
Lot Size Units Acres
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesList ByMarcus & Millichap Re InvestBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,960
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fullerton, CA
Average List Price $3,289,937
Percent of Sale Price 69%
About Fullerton, CA 139,502 Population
11% Since 2002
$ 70,499 Median Income
36.61 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2024 | $1,950,000 | -8.24% | Price Down |
| 3/13/2024 | $2,125,000 | | Listed Price |