2800 Santiago Rd, Fullerton, CA 92835
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2800 Santiago Rd Fullerton, CA 92835

$1,715,500 Sold Price as of 12/23/2020
  • 9 Beds
  • 8 Baths
  • 4,996 Sq.Ft.
Sold
$1,715,500 Sold Price as of 12/23/2020 Refinance Your Mortgage

Map preview of 2800 Santiago Rd, Fullerton, CA 92835

Property Overview: 2800 Santiago Rd Fullerton, CA has 9 bedrooms, 8 bathrooms, 4,996 living square feet and 8,963 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartment building located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf of living space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) single story owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2) walk-up units. Currently the owner/seller occupies the 3 bedroom and would like to rent back said unit for 6 months after the close of escrow. The tenant amenities include: Central AC/Heat all Units, 8 garage spaces & 3 open parking spaces, common laundry room with coin-op owned machines (that are included in the sale), and separate gas and electric meters for each unit. The units have undergone many renovations; in the interior these include new cabinetry, quartz/granite counter tops, appliances, luxury plank flooring, paint and more; on the exterior these include: new concrete parking stalls and garage apron, newer exterior paint and more. $104,760. actual gross rents with upside to $114,780 annual gross on market rents. Priced to sell competitively with a model match closing in the same price tract on 10/26/20 with similar renovations and rents, but the comp had arguably an inferior location in the tract located on highly trafficked Bastanchury Road.

Listed by Brad New | BRE #01347742 | Vanguard Property Group
Co-listed by Ed Diaz | BRE #01022469 | Vanguard Property Group
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
8,963
HOA Dues
$0/mo
Year built
1966
Garage
8 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW20232175
City
Fullerton
County
Orange
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # 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: $2,795
  • Total Rent: $2,795
  • Pro Forma/Market Rent: $2,795
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,975
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,990
  • Total Rent: $1,990
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $104,760
  • Net Operating Income: $78,760
  • Gross Operating Income: --
  • Laundry Income: $70
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $26,000
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $19,415
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 2800 Santiago Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Family Room, Patio
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • Attic
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Tile Counters
  • Levels: Two
  • Window Features: Screens
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Rain Gutters
  • Has Spa
  • Spa Features: No Permits
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 13
  • Has Parking
  • Parking Features: Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre, Sprinkler System, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 28404109
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: 0000
  • Directions: Close to intersection of Brea Blvd and Bastanchury Rd
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Gutters
View more facts & features

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Sale History for 2800 Santiago Rd

Last sold for $1,715,500 on December 23rd, 2020
  • December, 2020

  • Dec 24, 2020

    Date

    Sold

    CRMLS: PW20232175

    $1,715,500

    Price

  • Dec 14, 2020

    Date

    Pending

    CRMLS: PW20232175

    $1,765,000

    Price

  • Dec 2, 2020

    Date

    Active Under Contract

    CRMLS: PW20232175

    $1,765,000

    Price

  • Nov 11, 2020

    Date

    Active

    CRMLS: PW20232175

    $1,765,000

    Price

  • October, 2017

  • Oct 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

  • September, 1993

  • Sep 14, 1993

    Date

    Sold (Public Records)

    Public Records

    $32,000

    Price

Show More

Tax History for 2800 Santiago Rd

Assessed Value (2020): $1,413,849
Year Land Value Improved Value Assessed Value
2020 $1,258,326 $155,523 $1,413,849

Home Value Compared to the Market

This property vs the competition

2800 Santiago Rd sold on December 23, 2020 for 79.19% higher than the current median sold price for the city of Fullerton which is $985,000. The median sold price per/sqft for Fullerton is $618 and this home is sold at $353.28 per/sqft which puts the price per square foot 42.83% lower than the current median sale per square foot for the city of Fullerton.

About 2800 Santiago Rd

Detailed summary of property

2800 Santiago Rd is a multi family that recently sold in Fullerton, CA 92835. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 4,996 living square feet, and sits on an approximately 8,963 square foot lot. 2800 Santiago Rd was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,715,500. Home in Fullerton are selling for a median price of $985,000 and a median price per square foot of $618. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 79.19% higher than the current median priced home. Local homes that are currently for sale include 310 N Muller St, 1600 Picadilly Way and 2158 W Brownwood Ave. While the average home in Fullerton, CA is selling in 42 days, 2800 Santiago Rd has a days on market of 20 days. There are currently 176 homes for sale in the Fullerton real estate market and 130 of them are single family homes while 35 of them are condos and 11 are townhomes. For more information on this home for sale at 2800 Santiago Rd Fullerton, CA 92835 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 2800 Santiago Rd

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
4,996
Lot Size
8,963
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
12
APN
284-041-09

The source for these homes facts are from public records.

92835 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,259,888
Median List Price/Sq.Ft.
$571
Median Sold Price
$1,150,000
Median Sold Price/Sq.Ft.
$593
Total Inventory
45
Median Sale to List Price %
97.39%
Avg Days on Market
19
Loan Type
Conventional (54.55%), FHA (9.09%), VA (0%), Cash (18.18%), Other (9.09%)

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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.