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713 E Santa Fe Ave, Fullerton, CA 92831
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713 E Santa Fe Ave Fullerton, CA 92831

$1,825,000 Sold Price as of 03/28/2022
  • 6 Beds
  • 6 Baths
  • 4,430 Sq.Ft.
Sold
$1,825,000 Sold Price as of 03/28/2022 Refinance Your Mortgage
Map preview of 713 E Santa Fe Ave, Fullerton, CA 92831

Property Overview: 713 E Santa Fe Ave Fullerton, CA has 6 bedrooms, 6 bathrooms, 4,430 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 713 E Santa Fe is located in central Fullerton. This 6 unit investment property is situated minutes from Downtown Fullerton, Fullerton College, Cal State Fullerton, Amtrak train station, St Jude Hospital, the 91 and 57 freeway, retail shopping, and eateries. Maintained and remodeled throughout the years making it comfortable for the long-term tenants who are accustomed to rent increases. Laundry facilities are located within the complex adjacent to the private courtyard. Parking is available with 3 2-car garages for the occupants. Current SGI $110,900 Pro Forma SGI $117,200

Listed by Mark Lorico | BRE #01796968 | Keller Williams Pacific Estates La Mirada
Last checked: 5 minutes ago | Last updated: November 1st, 2023 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1960
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22017879
City
Fullerton
County
Orange
Time on Site
839 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,460
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,565
  • Total Rent: $1,565
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.02%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,200
  • Net Operating Income: $72,371
  • Gross Operating Income: $111,340
  • Vacancy Allowance: $5,860
  • Laundry Income: $2,000
Annual Expense Breakdown
  • Total Operating Expense: $38,969
  • Electric: $1,085
  • Gas/Fuel: $1,498
  • New Taxes: $18,365
  • Trash: $1,500
  • Gardener: $2,100
  • Insurance: $1,852
  • Professional Management: $5,860
  • Water/Sewer: $4,970
  • Other Expenses: $2,200
  • Other Expense Description: Mtn

Property Details for 713 E Santa Fe Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
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
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 03315406
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Other
Location / Neighborhood
Location Information
  • Directions: North on Lemon, East on Commonwealth, South on West on Santa Fe
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban
View more facts & features

Local Fullerton Agent

Sale History for 713 E Santa Fe Ave

Last sold for $1,825,000 on March 28th, 2022

  • November, 2023

  • Nov 1, 2023

    Date

    Expired

    CRMLS: PW23120123

    $2,350,000

    Price

  • Jul 5, 2023

    Date

    Active

    CRMLS: PW23120123

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    This 6 unit investment property located in central Fullerton, minutes from Downtown Fullerton, Fullerton College, Cal State Fullerton, Amtrak train station, St Jude Hospital, the 91 and 57 freeway, retail shopping, and eateries. Maintained and remodeled throughout the years making it comfortable for the long-term tenants. Laundry facilities are located within the complex adjacent to the private courtyard. Parking is available with 3 of 2-car garages for the occupants.

  • March, 2022

  • Mar 30, 2022

    Date

    Sold

    CRMLS: DW22017879

    $1,825,000

    Price

  • Jan 29, 2022

    Date

    Active

    CRMLS: DW22017879

    $1,800,000

    Price

  • February, 2003

  • Feb 20, 2003

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

Show More

Tax History for 713 E Santa Fe Ave

Assessed Value (2020): $754,853
Year Land Value Improved Value Assessed Value
2020 $596,334 $158,519 $754,853

Home Value Compared to the Market

This property vs the competition

713 E Santa Fe Ave sold on March 28, 2022 for 82.74% 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 $406.32 per/sqft which puts the price per square foot 34.25% lower than the current median sale per square foot for the city of Fullerton.

About 713 E Santa Fe Ave

Detailed summary of property

713 E Santa Fe Ave is a multi family that recently sold in Fullerton, CA 92831. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 4,430 living square feet, and sits on an approximately 7,841 square foot lot. 713 E Santa Fe Ave was first listed on ArdentRealEstateGroup.com on January 29, 2022. The homeowner sold the property for $1,825,000. 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 82.74% higher than the current median priced home. Local homes that are currently for sale include 310 N Muller St, 938 S Gilbuck Dr and 1150 S State College Blvd. While the average home in Fullerton, CA is selling in 42 days, 713 E Santa Fe Ave has a days on market of 16 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 713 E Santa Fe Ave Fullerton, CA 92831 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 713 E Santa Fe Ave

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
4,430
Lot Size
7,744
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
14
APN
033-154-06

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
$985,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$605
Total Inventory
45
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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(714) 706-1823

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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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