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3145 Quartz Ln, Fullerton, CA 92831
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3145 Quartz Ln Fullerton, CA 92831

$3,375,000 Sold Price as of 02/09/2022
  • 18 Beds
  • 10 Baths
  • 9,829 Sq.Ft.
Sold
$3,375,000 Sold Price as of 02/09/2022 Refinance Your Mortgage
Map preview of 3145 Quartz Ln, Fullerton, CA 92831

Property Overview: 3145 Quartz Ln Fullerton, CA has 18 bedrooms, 10 bathrooms, 9,829 living square feet and 17,424 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 3145 - 3151 Quartz Lane is a multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. Situated on adjacent lots totaling 0.40 acres, the property offers an attractive unit mix consisting of 8, two-bed/one-bath units and 1, two-bed/two-bath plus den unit. The property offers amenities including a spacious central courtyard, private patios, on-site laundry, screen doors, and garage parking. There is also an additional storage room that can be converted into a second laundry room. The property benefits from its close proximity to California State University, Fullerton (CSUF), which has an annual enrollment of over 41,000 students. There is significant demand for rental units in close proximity to the university as 94 percent of CSUF students live in off campus housing. The property is located within walking distance of the Fullerton Crossroads retail center, providing residents with convenient access to their everyday needs. Additionally, the property is situated in close proximity to State Route 57, connecting residents to regional employment hubs.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
17,424
HOA Dues
$0/mo
Year built
1964
Garage
14 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21237129
City
Fullerton
County
Orange
Time on Site
918 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 2
  • # of Leased Units: 9
  • # of Electric Meters: 9
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,865
  • Total Rent: $6,865
  • Pro Forma/Market Rent: $7,980
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,495
  • Total Rent: $6,495
  • Pro Forma/Market Rent: $7,980
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $184,920
  • Net Operating Income: $116,220
  • Gross Operating Income: $183,572
  • Vacancy Allowance: $5,548
  • Other Income 1: $4,200
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $67,352
  • Electric: $3,264
  • Gas/Fuel: $3,264
  • New Taxes: $36,983
  • Trash: $3,264
  • Insurance: $3,708
  • Maintenance: $5,400
  • Professional Management: $0
  • Water/Sewer: $3,264
  • Other Expenses: $8,207
  • Other Expense Description: Misc

Property Details for 3145 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: 14
  • # of Parking Spaces: 14
Lot Information
  • Lot Features: Lawn, Level with Street, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 9
  • Parcel Number: 33923317
  • Year Built Source: Assessor
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: Quartz Lane & Cameo Lane
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 3145 Quartz Ln

Last sold for $3,375,000 on February 9th, 2022

  • February, 2022

  • Feb 11, 2022

    Date

    Sold

    CRMLS: OC21237129

    $3,375,000

    Price

  • Oct 27, 2021

    Date

    Active

    CRMLS: OC21237129

    $3,375,000

    Price

  • December, 2018

  • Dec 21, 2018

    Date

    Sold

    CRMLS: PW18206089

    $3,050,000

    Price

  • Nov 8, 2018

    Date

    Active Under Contract

    CRMLS: PW18206089

    $3,100,000

    Price

  • Oct 3, 2018

    Date

    Price Change

    CRMLS: PW18206089

    $3,100,000

    Price

  • Aug 24, 2018

    Date

    Active

    CRMLS: PW18206089

    $3,350,000

    Price

  • Listing provided courtesy of CRMLS

    Pride of ownership, these beautiful buildings have been well maintained! The property consist of two adjacent buildings between a well groomed shared courtyard. One building has 4 units and the other has 5 units. Get unit mix with 8 two bedroom one bath and 1 two bedroom two bath unit, some with patios. This location boast a strong rental market. It is walking distance to Cal State Fullerton and the Crossroads Shopping Center. It is freeway close with the 57 and 91 nearby.

  • December, 2018

  • Dec 20, 2018

    Date

    Sold (Public Records)

    Public Records

    $3,050,000

    Price

Show More

Tax History for 3145 Quartz Ln

Assessed Value (2020): $1,566,667
Year Land Value Improved Value Assessed Value
2020 $1,175,000 $391,667 $1,566,667

Home Value Compared to the Market

This property vs the competition

3145 Quartz Ln sold on February 9, 2022 for 242.64% 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 $343.37 per/sqft which puts the price per square foot 44.44% lower than the current median sale per square foot for the city of Fullerton.

About 3145 Quartz Ln

Detailed summary of property

3145 Quartz Ln is a multi family that recently sold in Fullerton, CA 92831. This multi family property offered 18 bedrooms, 10 bathrooms, roughly 9,829 living square feet, and sits on an approximately 17,424 square foot lot. 3145 Quartz Ln was first listed on ArdentRealEstateGroup.com on October 28, 2021. The homeowner sold the property for $3,375,000. 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 242.64% higher than the current median priced home. Local homes that are currently for sale include 631 Locust St, 11331 Pioneer Blvd and 12811 9th St. While the average home in Fullerton, CA is selling in 41 days, 3145 Quartz Ln has a days on market of 19 days. There are currently 176 homes for sale in the Fullerton real estate market and 127 of them are single family homes while 37 of them are condos and 12 are townhomes. For more information on this home for sale at 3145 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 3145 Quartz Ln

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
5,501
Lot Size
8,117
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
21
APN
339-233-17

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.
$543
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
50
Median Sale to List Price %
105.26%
Avg Days on Market
26
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (20%), Other (13.33%)

Thinking of Selling?

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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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