$4,160,000
For Sale

3169 Quartz Lane

Fullerton, CA 92831
0.40 acres | #OC25017017
Listing OfficeMarcus & Millichap RE Invest
Browse 32 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionCornerLot, FrontYard, Landscaped, NearPublicTransit
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$4,160,000
      • MLS #OC25017017
      • MLS #OC25017017
      • Property SubtypeApartment
      • Cost4160000
      • Acres0.4003
      • Utility SourcePublic
      • CountyOrange
      • Year Built1964
      • Parking Spaces14
      • Stories2

Location

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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