312 N Roosevelt Ave Fullerton, CA 92832

$--

-- Beds
-- Baths
29,242 Sq.Ft.

Off Market

Map preview of 312 N Roosevelt Ave, Fullerton, CA 92832

Property Overview: 312 N Roosevelt Ave Fullerton, CA has -- bedrooms, -- bathrooms, 29,242 living square feet and 36,202 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

312 N Roosevelt Ave is currently an off market home in the city of Fullerton. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Fullerton has a median list price of $950,000. The median price per/sqft for Fullerton is $604. With those numbers in mind, if you are looking to purchase a median priced home in Fullerton, CA and put 20% down you will need to save up $190,000 for the down payment and will need roughly $19,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Fullerton the commission could be as much as $46,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 312 N Roosevelt Ave

Last sold on February 10th, 2014

April, 2021
Apr 16, 2021

Date

Expired

CRMLS: OC20167441

$12,750,000

Price
Apr 12, 2021

Date

Withdrawn

CRMLS: OC20167441

$12,750,000

Price
Aug 17, 2020

Date

Active

CRMLS: OC20167441

$12,750,000

Price
Listing provided courtesy of CRMLS

The Palm Retirement Center is a rarely offered 144 Bed Assisted and Memory Care facility located in Fullerton, California. The residential care facility (RCFE) consists of 108 assisted living beds and 36 memory care beds situated in separate wings. Amenities include a large dining hall and commercial kitchen, laundry facility, recreation rooms, library, salon, and two outdoor courtyards. The 34,000 SF facility is situated on a 40,750 SF lot and has been a home for assisted living residents since 1977. The Property is being offered a 6.3% cap rate on current income at 9% vacancy with major upside in rents and potential added value. Current ownership is a low budget "mom and pop" operation with substantially below market rents. According to the 2019 Genworth Cost of Care Survey, the average cost of assisted living per resident in the Los Angeles Metro Market is $4500 a month. Through modernization and professional management, an investor can acquire this asset and achieve significant upside in cash flow and value.

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December, 2018
Dec 11, 2018

Date

Expired

CRMLS: OC18166120

$16,500,000

Price
Jul 11, 2018

Date

Active

CRMLS: OC18166120

$16,500,000

Price
Listing provided courtesy of CRMLS

Opportunity to acquire a fee simple interest and a Senior Living Facitliy in Fullerton - Licensed 144 beds(Assisted Living: 108-bed, Dementia Care: 36-bed) - Approx. gross income $169,000/month. Plenty of upside! - Building Size: 34,000 sf - Land Area: 40,075 sf - Recent renovation(New Roof, HVAC, Flooring, New Paint for Exterior & Interior, Office, Bathrooms, Patio Area, Camera Systems, etc.) - Located within 2 miles from St. Jude Hospital ** DO NOT DISTURB EMPLOYEES **

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February, 2014
Feb 10, 2014

Date

Sold (Public Records)

Public Records

--

Price
August, 2007
Aug 23, 2007

Date

Sold (Public Records)

Public Records

$2,395,000

Price

Tax History for 312 N Roosevelt Ave

Assessed Value (2020): $6,077,413

Year	Land Value	Improved Value	Assessed Value
2020	$3,767,996	$2,309,417	$6,077,413

About 312 N Roosevelt Ave

Detailed summary of property

312 N Roosevelt Ave is categorized with a use code of Commercial (General) in Fullerton, CA 92832 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 29,242 living square feet, and sits on an approximately 36,202 square foot lot. Homes in Fullerton are selling for a median price of $930,000 and a median price per square foot of $613. Local nearby listings include 1533 W Malvern Ave, 408 N Basque Ave and 754 S Euclid St. The average home in Fullerton, CA is selling in 53 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. If you are the homeowner and looking to sell the home at 312 N Roosevelt 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 312 N Roosevelt Ave

Public county record property details

Beds: --
Baths: --
Year built: 1977
Sq. Ft.: 29,242
Lot Size: 36,202
Stories: 2

Type: Commercial (General)
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 031-221-19

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

Median Sale to List Price %

103.6%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (20%), Cash (0%), Other (20%)

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(714) 706-1823

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