3419 Gregory Ave, Fullerton, CA 92833
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3419 Gregory Ave Fullerton, CA 92833

$1,430,000 Sold Price as of 05/16/2022
  • 7 Beds
  • 6 Baths
  • 3,191 Sq.Ft.
Sold
$1,430,000 Sold Price as of 05/16/2022 Refinance Your Mortgage

Map preview of 3419 Gregory Ave, Fullerton, CA 92833

Property Overview: 3419 Gregory Ave Fullerton, CA has 7 bedrooms, 6 bathrooms, 3,191 living square feet and 8,280 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built-in 1989, the subject property is 3,191 square feet sitting on an 8,280 square foot lot. The four-unit apartment building consists of one (two-bedroom, two-bathroom) unit and one (one-bedroom one-bathroom) unit on the first story. The second story consists of one (two-bedroom, two-bathroom) and one (two-bedroom, one-bathroom) unit. Recent upgrades and capital improvements include a newer roof, updated windows, and recent exterior paint. The subject property also boasts new artificial synthetic grass, security cameras/lights, and a gated perimeter with garage parking. There is a significant upside in rents within the strong West Fullerton rental market. Utility systems include copper plumbing with individual utility meters, individual water heaters, and an onsite laundry facility.

Listed by Ari Gharib | BRE #01981194 | LFA Multifamily Inc.
Last checked: 12 minutes ago | Last updated: May 17th, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
8,280
HOA Dues
$0/mo
Year built
1989
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC22079840
City
Fullerton
County
Orange
Time on Site
871 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: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,710
  • Total Rent: $1,710
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,185
  • Total Rent: $1,185
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,515
  • Total Rent: $1,515
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.21%
  • Gross Rent Multiplier: 18.67
  • Gross Scheduled Income: $75,000
  • Net Operating Income: $44,974
  • Gross Operating Income: $72,750
  • Laundry Income: $2,400
  • Other Income 1: $75
  • Other Income Description: Parking
Annual Expense Breakdown
  • Total Operating Expense: $27,775
  • Electric: $1,500
  • Gas/Fuel: $1,200
  • New Taxes: $15,174
  • Trash: $516
  • Gardener: $1,200
  • Insurance: $1,436
  • Water/Sewer: $3,000

Property Details for 3419 Gregory Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
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: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 03005119
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Fullerton Heights (FULH)
  • Directions: Head west on Commonwealth and turn left onto Pritchard
Neighborhood Information
  • Community Features: Biking, Park, Sidewalks
View more facts & features

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Sale History for 3419 Gregory Ave

Last sold for $1,430,000 on May 16th, 2022
  • May, 2022

  • May 16, 2022

    Date

    Sold

    CRMLS: OC22079840

    $1,430,000

    Price

  • Apr 19, 2022

    Date

    Active

    CRMLS: OC22079840

    $1,400,000

    Price

  • December, 2004

  • Dec 27, 2004

    Date

    Sold (Public Records)

    Public Records

    $30,000

    Price

  • September, 2004

  • Sep 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $595,000

    Price

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Tax History for 3419 Gregory Ave

Assessed Value (2020): $758,358
Year Land Value Improved Value Assessed Value
2020 $480,914 $277,444 $758,358

Home Value Compared to the Market

This property vs the competition

3419 Gregory Ave sold on May 16, 2022 for 50.54% 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 $438.73 per/sqft which puts the price per square foot 28.43% lower than the current median sale per square foot for the city of Fullerton.

About 3419 Gregory Ave

Detailed summary of property

3419 Gregory Ave is a multi family that recently sold in Fullerton, CA 92833. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 3,191 living square feet, and sits on an approximately 8,280 square foot lot. 3419 Gregory Ave was first listed on ArdentRealEstateGroup.com on April 20, 2022. The homeowner sold the property for $1,430,000. 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 50.54% higher than the current median priced home. Local homes that are currently for sale include 825 S Claudina St, 224 E South St and 12936 Adelle St. While the average home in Fullerton, CA is selling in 52 days, 3419 Gregory Ave has a days on market of 3 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 3419 Gregory Ave Fullerton, CA 92833 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 3419 Gregory Ave

Public county record property details
Beds
3
Baths
2
Year built
1947
Sq. Ft.
1,422
Lot Size
7,616
Stories
2
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
030-051-19

The source for these homes facts are from public records.

92833 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,900
Median List Price/Sq.Ft.
$617
Median Sold Price
$930,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
70
Median Sale to List Price %
99.04%
Avg Days on Market
18
Loan Type
Conventional (48.15%), FHA (3.7%), VA (3.7%), Cash (29.63%), Other (7.41%)

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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.