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124 W Truslow Ave, Fullerton, CA 92832
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124 W Truslow Ave Fullerton, CA 92832

$1,850,000 Sold Price as of 04/26/2024
  • 9 Beds
  • 9 Baths
  • 3,887 Sq.Ft.
Sold
$1,850,000 Sold Price as of 04/26/2024 Refinance Your Mortgage
Map preview of 124 W Truslow Ave, Fullerton, CA 92832

Property Overview: 124 W Truslow Ave Fullerton, CA has 9 bedrooms, 9 bathrooms, 3,887 living square feet and 8,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 124 West Truslow Avenue is a 5-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County, California. Built in 1992, the property offers a highly desirable mix consisting of 1, one-bedroom unit and 4, two-bedroom units, of which 2 are townhomes. Amenities include ample surface and garage parking, private patios or balconies, and an on-site laundry facility. 124 West Truslow Avenue is located within walking distance of Downtown Fullerton, placing residents moments away from a wide variety of shopping, dining, and entertainment options. Additionally, the property is just over 0.30 miles from three regional shopping centers, Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, placing residents moments away from 1 million square feet of combined retail space. Furthermore, the property benefits from it’s proximity to higher-education institutions including Fullerton College and California State University, Fullerton (CSUF), both major housing drivers for the area. 124 West Truslow Avenue also benefits from its close proximity to State Route 91, providing residents with easy access to employment hubs throughout Orange, Los Angeles, and Riverside Counties.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 4 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
8,712
HOA Dues
$0/mo
Year built
1992
Garage
10 Car
Property Type:
Apartment
Status
Sold
MLS#
OC24044863
City
Fullerton
County
Orange
Time on Site
198 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,619
  • Total Rent: $1,619
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 9
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $8,790
  • Total Rent: $8,790
  • Pro Forma/Market Rent: $10,380
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 15.06
  • Gross Scheduled Income: $124,901
  • Net Operating Income: $81,686
  • Gross Operating Income: $121,154
  • Vacancy Allowance: $3,747
  • Other Income 1: $1,293
  • Other Income Description: Misc
Annual Expense Breakdown
  • Total Operating Expense: $40,761
  • Electric: $1,508
  • Gas/Fuel: $1,508
  • New Taxes: $20,186
  • Trash: $1,508
  • Insurance: $2,250
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $1,508
  • Other Expenses: $9,293
  • Other Expense Description: Misc

Property Details for 124 W Truslow Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 03225307
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets of West Truslow Avenue & South Harbour Boulevard
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 124 W Truslow Ave

Last sold for $1,850,000 on April 26th, 2024

  • April, 2024

  • Apr 26, 2024

    Date

    Sold

    CRMLS: OC24044863

    $1,850,000

    Price

  • Mar 5, 2024

    Date

    Active

    CRMLS: OC24044863

    $1,900,000

    Price

  • February, 2021

  • Feb 5, 2021

    Date

    Expired

    CRMLS: OC20115546

    $1,755,000

    Price

  • Oct 5, 2020

    Date

    Withdrawn

    CRMLS: OC20115546

    $1,755,000

    Price

  • Jun 15, 2020

    Date

    Active

    CRMLS: OC20115546

    $1,755,000

    Price

  • Listing provided courtesy of CRMLS

    124 West Truslow Avenue is a 5-unit multifamily investment property built in 1992 and located in Fullerton, California. This offering represents a rare opportunity to acquire high quality 1990's construction in a fantastic central Fullerton location. Situated on a 0.20-acre lot, the 3,887 square foot property consists of 1, one-bedroom unit and 4, two-bedroom units, of which two are townhomes. The property offers amenities including garage and open parking, private patios and balconies, and on-site laundry.

  • June, 2018

  • Jun 20, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2018

  • Apr 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,550,000

    Price

Show More

Tax History for 124 W Truslow Ave

Assessed Value (2020): $1,569,231
Year Land Value Improved Value Assessed Value
2020 $1,020,000 $549,231 $1,569,231

Home Value Compared to the Market

This property vs the competition

124 W Truslow Ave sold on April 26, 2024 for 104.3% higher than the current median sold price for the city of Fullerton which is $930,000. The median sold price per/sqft for Fullerton is $613 and this home is sold at $488.81 per/sqft which puts the price per square foot 20.26% lower than the current median sale per square foot for the city of Fullerton.

About 124 W Truslow Ave

Detailed summary of property

124 W Truslow Ave is a apartment that recently sold in Fullerton, CA 92832. This apartment offered 9 bedrooms, 9 bathrooms, roughly 3,887 living square feet, and sits on an approximately 8,712 square foot lot. 124 W Truslow Ave was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner sold the property for $1,850,000. Home in Fullerton are selling for a median price of $930,000 and a median price per square foot of $613. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 104.3% higher than the current median priced home. Local homes that are currently for sale include 420 S Melrose St, 2163 W Brownwood Ave and 2140 Associated Rd. While the average home in Fullerton, CA is selling in 53 days, 124 W Truslow Ave has a days on market of 36 days. There are currently 204 homes for sale in the Fullerton real estate market and 156 of them are single family homes while 36 of them are condos and 12 are townhomes. For more information on this home for sale at 124 W Truslow Ave Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 124 W Truslow Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
8,929
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
10
APN
032-253-07

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$925,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
31
Median Sale to List Price %
103.6%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (0%), VA (20%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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