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2631 Andover Ave, Fullerton, CA 92831
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2631 Andover Ave Fullerton, CA 92831

$1,335,000 Sold Price as of 01/28/2020
  • 9 Beds
  • 7 Baths
  • 4,302 Sq.Ft.
Sold
$1,335,000 Sold Price as of 01/28/2020 Refinance Your Mortgage
Map preview of 2631 Andover Ave, Fullerton, CA 92831

Property Overview: 2631 Andover Ave Fullerton, CA has 9 bedrooms, 7 bathrooms, 4,302 living square feet and 7,436 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity with this lovely Fullerton 4-Plex. Located in the Troy High School District, around the block from Cal State Fullerton and within 1 mile of the 57 Freeway, this income producing property won't last. The attached garages provide ample parking for each unit with 2 double garages, 2 single garages and 1 space in front of each garage door, all with Garage Door Openers. The building hosts one 3 bedroom/2 bath, two 2 bedroom/1.5 bath two story units and one 2 bedroom/1 bath apartment with a large front balcony sitting over the garages. Each unit has its own private patio area and share an onsite laundry room, which generates additional income.

Listed by Gloria Aceves | BRE #02050919 | Liberio, James
Last checked: 45 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
7,436
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW19247448
City
Fullerton
County
Orange
Time on Site
1393 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,000
  • Net Operating Income: $59,700
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $22,500
  • Electric: $390
  • Gas/Fuel: $1,400
  • New Taxes: $16,115
  • Trash: $560
  • Gardener: $1,000
  • Insurance: $2,080
  • Professional Management: $6,100
  • Water/Sewer: $3,022

Property Details for 2631 Andover Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s), Electric
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Dryer Included, Outside, Washer Included
Fireplace Information
  • Has Fireplace
  • Dining Room, Kitchen, Living Room, Patio, Gas
Room Information
  • Flooring: Carpet, Laminate, Tile, Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Gas Range, Range Hood
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Garage - Single Door, Garage Door Opener
Lot Information
  • Lot Features: Landscaped, Lawn, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Up Slope from Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 4
  • Parcel Number: 33709106
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: University Villas (UNIV)
  • Directions: Yorba Linda Blvd / Associated Road
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Fullerton Agent

Sale History for 2631 Andover Ave

Last leased for $1,995 on September 8th, 2020

  • September, 2020

  • Sep 8, 2020

    Date

    Leased

    CRMLS: PW20157222

    $1,995

    Price

  • Aug 5, 2020

    Date

    Active

    CRMLS: PW20157222

    $1,995

    Price

  • Listing provided courtesy of CRMLS

    East Fullerton Two Bedroom One Bath with TWO car enclosed garage (with remote opener) and private patio deck. Walk to Cal State Fullerton and Marshall B Ketchum University (renowned for its accelerated nursing program). New custom paint, wood-look planking, granite counter tops, dishwasher and more! Onsite coin operated shared laundry room, and tenants pay their own gas and electric.

  • July, 2020

  • Jul 31, 2020

    Date

    Leased

    CRMLS: PW20136949

    $2,095

    Price

  • Jul 16, 2020

    Date

    Pending

    CRMLS: PW20136949

    $2,095

    Price

  • Jul 12, 2020

    Date

    Active

    CRMLS: PW20136949

    $2,095

    Price

  • Listing provided courtesy of CRMLS

    East Fullerton Fully Renovated Two Bedroom, One and Half Bath Townhome. Walk to Cal State Fullerton and Marshall B Ketchum University. Brand new renovation, never-been-lived in since remodel. Renovation includes: brand new kitchen cabinetry with soft-close hardware, dining bar, new quartz counter tops, new stainless appliances, new fixtures, renovated bathrooms with brand new shower and tub enclosure, new vanities with quartz counter top, new plumbing fixtures, new planked floors & baseboards, custom paint, new ceiling fans and much more. Comes with a private patio, one car enclosed garage (with remote opener). Please watch video tour of the unit: https://www.youtube.com/watch?v=lP2-_bat9DE

  • January, 2020

  • Jan 30, 2020

    Date

    Sold

    CRMLS: PW19247448

    $1,335,000

    Price

  • Dec 14, 2019

    Date

    Active Under Contract

    CRMLS: PW19247448

    $1,465,000

    Price

  • Oct 21, 2019

    Date

    Active

    CRMLS: PW19247448

    $1,465,000

    Price

  • January, 2020

  • Jan 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,335,000

    Price

  • September, 1993

  • Sep 1, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2631 Andover Ave

Assessed Value (2020): $196,142
Year Land Value Improved Value Assessed Value
2020 $37,267 $158,875 $196,142

Home Value Compared to the Market

This property vs the competition

2631 Andover Ave sold on January 28, 2020 for 29.65% higher than the current median sold price for the city of Fullerton which is $1,130,000. The median sold price per/sqft for Fullerton is $616 and this home is sold at $340.54 per/sqft which puts the price per square foot 44.72% lower than the current median sale per square foot for the city of Fullerton.

About 2631 Andover Ave

Detailed summary of property

2631 Andover Ave is a fourplex that recently sold in Fullerton, CA 92831. This fourplex offered 9 bedrooms, 7 bathrooms, roughly 4,302 living square feet, and sits on an approximately 7,436 square foot lot. 2631 Andover Ave was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $1,335,000. Home in Fullerton are selling for a median price of $1,130,000 and a median price per square foot of $616. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 29.65% higher than the current median priced home. Local homes that are currently for sale include 233 S Esplanade St, 12103 Burgess Ave and 12102 Colima Rd. While the average home in Fullerton, CA is selling in 42 days, 2631 Andover Ave has a days on market of 41 days. There are currently 166 homes for sale in the Fullerton real estate market and 126 of them are single family homes while 29 of them are condos and 11 are townhomes. For more information on this home for sale at 2631 Andover Ave Fullerton, CA 92831 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 2631 Andover Ave

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,302
Lot Size
7,436
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
20
APN
337-091-06

The source for these homes facts are from public records.

92831 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
46
Median Sale to List Price %
114.54%
Avg Days on Market
21
Loan Type
Conventional (21.05%), FHA (5.26%), VA (0%), Cash (52.63%), Other (21.05%)

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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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