900 E Chapman Ave, Fullerton, CA 92831
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900 E Chapman Ave Fullerton, CA 92831

$1,980,000
  • 6 Beds
  • 6 Baths
  • 4,674 Sq.Ft.
For Sale
$1,980,000 Get Pre-Qualified

Map preview of 900 E Chapman Ave, Fullerton, CA 92831

Property Overview: 900 E Chapman Ave Fullerton, CA has 6 bedrooms, 6 bathrooms, 4,674 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ** 6-Unit Multifamily Investment Opportunity on a Large Lot ** The property is located in very desirable rental area in City of Fullerton & One of the premier rental markets in Orange County ** 6-Units over 3 free standing buildings ** All 6-units are 1 bedroom,1 bath & well maintained ** 3 Units recently remodeled, including: new kitchen cabinets, Quartz counter tops, stainless steel appliances & remodeled 3 bathrooms, new interior paint and new dual pane window ** Always fully occupied with long terms tenants ** Gas & Electric are separate meters ** 6 Single Car garages with additional dedicated parking spaces ** Close to Downtown Fullerton shops, restaurants, business offices, Fullerton College, Cal State Fullerton, Metro Station and 57, 91 FWY ** Much More **

Listed by Happy Kim | BRE #01342769 | New Star Realty & Investment
Co-listed by Jason Kim | BRE #01740866 | New Star Realty & Investment
Last checked: 5 minutes ago | Last updated: June 12th, 2024 | Source CRMLS | DOM: 104
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Home details

Lot Sq. Ft
13,068
HOA Dues
$0/mo
Year built
1929
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
PW24067398
City
Fullerton
County
Orange
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,730
  • Total Rent: $1,730
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,730
  • Total Rent: $1,730
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $135,120
  • Net Operating Income: $94,584
  • Gross Operating Income: $135,120
Annual Expense Breakdown
  • Total Operating Expense: $40,536
  • Electric: $0
  • New Taxes: $21,040
  • Trash: $2,000
  • Gardener: $1,200
  • Insurance: $3,954
  • Professional Management: $0
  • Water/Sewer: $2,140

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Property Details for 900 E Chapman Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace, Space Heater
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Driveway, Garage, Parking Space
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 03316201
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: E/ Harbor & Chapman
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 900 E Chapman Ave

Last sold for $1,800,000 on May 24th, 2022
  • April, 2024

  • Apr 6, 2024

    Date

    Active

    CRMLS: PW24067398

    $1,980,000

    Price

  • April, 2024

  • Apr 4, 2024

    Date

    Canceled

    CRMLS: PW23204341

    $1,900,000

    Price

  • Nov 2, 2023

    Date

    Active

    CRMLS: PW23204341

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.

  • April, 2024

  • Apr 4, 2024

    Date

    Canceled

    CRMLS: PW23151871

    $1,900,000

    Price

  • Aug 15, 2023

    Date

    Active

    CRMLS: PW23151871

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton, Cal State Fullerton University, St. Jude Hospital, etc.; Always fully occupied with long terms tenants; This rarely vacant Chapman Apartments, multi-building investment property has excellent visibility on Chapman Avenue; Just blocks from downtown Fullerton shops, restaurants, business offices, banks, Fullerton Library, Fullerton Metrolink; 6 single car garages with additional dedicated parking's. Strong rental market with potential to increase rents; This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5. Enjoy all that downtown Fullerton has to offer.

  • March, 2022

  • Mar 15, 2022

    Date

    Withdrawn

    CRMLS: PW21219986

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton,Cal State Fullerton University, St. Jude Hospital, etc.;Always fully occupied with Long terms tenants;This rarely vacant Chapman Apartments,multi-building investment property has excellent visibility on Chapman Avenue;Just blocks from downtown Fullerton shops,restaurants, business offices,banks, Fullerton Library,Fullerton Metrolink; 6 single car garages with additional dedicated parkings;Strong rental market with potential to increase rents;This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5.Enjoy all that downtown Fullerton has to offer. Please Drive-By only and do not disturb occupant.

  • May, 2021

  • May 26, 2021

    Date

    Active

    CRMLS: PW21107169

    $1,800,000

    Price

  • May 26, 2021

    Date

    Coming Soon

    CRMLS: PW21107169

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Very desirable rental area in City of Fullerton, one of the strongest rental markets in Southern California; East of downtown Fullerton; 1BR/1Bath on 3 free standing buildings;6 units totaling 4,674 square feet, situated on a 13,255 square foot lot; Offers stability of income due to their proximity to downtown Fullerton,Cal State Fullerton University, St. Jude Hospital, etc.;Always fully occupied with Long terms tenants;This rarely vacant Chapman Apartments,multi-building investment property has excellent visibility on Chapman Avenue;Just blocks from downtown Fullerton shops,restaurants, business offices,banks, Fullerton Library,Fullerton Metrolink; 6 single car garages with additional dedicated parkings;Strong rental market with potential to increase rents;This is an excellent opportunity for investors. Property located at very close to shopping centers and schools, also very easy access to FWY 91, 57 and 5.Enjoy all that downtown Fullerton has to offer. Please Drive-By only and do not disturb occupant.

  • September, 2015

  • Sep 15, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,270,000

    Price

  • September, 1993

  • Sep 3, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 900 E Chapman Ave

Assessed Value (2020): $1,344,682
Year Land Value Improved Value Assessed Value
2020 $981,618 $363,064 $1,344,682

Home Value Compared to the Market

This property vs the competition

900 E Chapman Ave is listed 98.2% higher than the median list price for the city of Fullerton which has a median list price of $999,000. The median price per/sqft for Fullerton is $602 and this home is listed at $423.62 per/sqft which puts the price per square foot 29.63% lower than the median price per square foot for the city of Fullerton.

About 900 E Chapman Ave

Detailed summary of property

900 E Chapman Ave is a apartment located in Fullerton, CA 92831 and is currently for sale. This apartment offers 6 bedrooms, 6 bathrooms, roughly 4,674 living square feet, and sits on an approximately 13,068 square foot lot. 900 E Chapman Ave was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $1,980,000. The median priced home in Fullerton is $999,000 with a median price per square foot of $602. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 98.2% higher than the median priced home. Local competing homes currently for sale include 7545 Jackson Way, 1026 N Shattuck Pl and 402 W Fairway Dr. While the average home in Fullerton, CA is selling in 48 days, 900 E Chapman Ave has a days on market of 104 days. There are currently 193 homes for sale in the Fullerton real estate market and 148 of them are single family homes while 30 of them are condos and 15 are townhomes. For more information on this home for sale at 900 E Chapman 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 900 E Chapman Ave

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
4,674
Lot Size
13,446
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
47
APN
033-162-01

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
$1,260,000
Median List Price/Sq.Ft.
$596
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$586
Total Inventory
43
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (11.11%), VA (0%), Cash (33.33%), Other (5.56%)

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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.