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3132 Quartz Ln, Fullerton, CA 92831
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3132 Quartz Ln Fullerton, CA 92831

$1,500,000 Sold Price as of 07/27/2023
  • 8 Beds
  • 4 Baths
  • 4,143 Sq.Ft.
Sold
$1,500,000 Sold Price as of 07/27/2023 Refinance Your Mortgage
Map preview of 3132 Quartz Ln, Fullerton, CA 92831

Property Overview: 3132 Quartz Ln Fullerton, CA has 8 bedrooms, 4 bathrooms, 4,143 living square feet and 8,728 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3132 Quartz Lane is a 4 unit multifamily investment property in one of the most highly desirable rental areas in Orange County close to Cal State Fullerton with an annual enrollment of 40,000 students with over 90% of students living off campus. The 4 units are all 2B/1BA units mostly updated and have been well maintained. Fabulous opportunity to own 4 units with upside in rents. Enjoy the nearby access to the 57 Freeway for easy access to many freeway arteries in Orange and LA Counties. Close to shops and fine dining as well as a 15 minute drive to the Honda Center, Angels Stadium, and Disneyland.

Listed by Todd Frelinger | BRE #01748434 | Prime Equity Properties, Inc.
Last checked: 11 minutes ago | Last updated: July 30th, 2023 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
8,728
HOA Dues
$0/mo
Year built
1964
Garage
6 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23094174
City
Fullerton
County
Orange
Time on Site
460 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 6
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $69,720
  • Total Rent: $69,720
  • Pro Forma/Market Rent: $96,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,920
  • Net Operating Income: $45,005
  • Gross Operating Income: $70,920
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $25,915
  • Electric: $240
  • Gas/Fuel: $880
  • New Taxes: $15,950
  • Furniture Replacement: $1,262
  • Trash: $193
  • Insurance: $1,499
  • Maintenance: $4,733
  • Professional Management: $0
  • Water/Sewer: $965

Property Details for 3132 Quartz Ln

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 33923505
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is 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
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Quad/A
  • Directions: Placentia to Quartz Ln
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 3132 Quartz Ln

Last sold for $1,500,000 on July 27th, 2023

  • July, 2023

  • Jul 30, 2023

    Date

    Canceled

    CRMLS: OC23077925

    $2,900,000

    Price

  • May 9, 2023

    Date

    Active

    CRMLS: OC23077925

    $3,195,000

    Price

  • Listing provided courtesy of CRMLS

    $295,000 Price Reduction! 3132-3140 Quartz Lane is a multifamily investment property on 2 side-by-side large lots (.40 acres) with 4 units each in one of the most highly desirable rental areas in Orange County close to Cal State Fullerton with an annual enrollment of 40,000 students with over 90% of students living off campus. The 8 total units are all 2B/1BA units mostly updated and the 2 buildings have been well maintained. Fabulous opportunity to own 8 units with tremendous upside in rents. Enjoy the nearby access to the 57 Freeway for easy access to many freeway arteries in Orange and LA Counties. Close to shops and fine dining as well as a 15 minute drive to the Honda Center, Angels Stadium, and Disneyland.

  • July, 2023

  • Jul 27, 2023

    Date

    Sold

    CRMLS: OC23094174

    $1,500,000

    Price

  • May 30, 2023

    Date

    Active

    CRMLS: OC23094174

    $1,450,000

    Price

Show More

Tax History for 3132 Quartz Ln

Assessed Value (2020): $109,935
Year Land Value Improved Value Assessed Value
2020 $28,583 $81,352 $109,935

Home Value Compared to the Market

This property vs the competition

3132 Quartz Ln sold on July 27, 2023 for 55.91% 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 $349.99 per/sqft which puts the price per square foot 42.91% lower than the current median sale per square foot for the city of Fullerton.

About 3132 Quartz Ln

Detailed summary of property

3132 Quartz Ln is a fourplex that recently sold in Fullerton, CA 92831. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 4,143 living square feet, and sits on an approximately 8,728 square foot lot. 3132 Quartz Ln was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,500,000. 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 55.91% higher than the current median priced home. Local homes that are currently for sale include 0 chestnut, 1827 W Gramercy Ave and 938 S Gilbuck Dr. While the average home in Fullerton, CA is selling in 52 days, 3132 Quartz Ln has a days on market of 11 days. There are currently 194 homes for sale in the Fullerton real estate market and 150 of them are single family homes while 31 of them are condos and 13 are townhomes. For more information on this home for sale at 3132 Quartz Ln Fullerton, CA 92831 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 3132 Quartz Ln

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
4,143
Lot Size
8,572
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
9
APN
339-235-05

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
$1,145,000
Median List Price/Sq.Ft.
$597
Median Sold Price
$780,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
48
Median Sale to List Price %
100.65%
Avg Days on Market
20
Loan Type
Conventional (58.33%), FHA (0%), VA (0%), Cash (33.33%), Other (8.33%)

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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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