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925 S Malden Ave, Fullerton, CA 92832
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925 S Malden Ave Fullerton, CA 92832

$4,995,000
  • 21 Beds
  • 13 Baths
  • 10,121 Sq.Ft.
For Sale
$4,995,000 Get Pre-Qualified
Map preview of 925 S Malden Ave, Fullerton, CA 92832

Property Overview: 925 S Malden Ave Fullerton, CA has 21 bedrooms, 13 bathrooms, 10,121 living square feet and 14,810 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: Embrace a golden investment opportunity with this exceptional 12-unit apartment complex in Fullerton, CA. Nestled in a prime location, this meticulously maintained property seamlessly combines modern living with convenience. Featuring a diverse mix of well-designed units, each boasting spacious layouts, residents will relish the comforts of home in a sought-after neighborhood. The property's lush landscaping enhances its curb appeal, creating a welcoming atmosphere for tenants. With ample parking, strategic proximity to schools, parks, and shopping, and a solid rental history, this multifamily gem stands as a lucrative venture for investors seeking both immediate returns and long-term growth in the thriving Southern California real estate market. Don't miss out on the chance to acquire this turnkey investment in one of Fullerton's most desirable locations.

Listed by Jonathan Paik | BRE #01330976 | eXp Realty of California Inc
Last checked: 12 minutes ago | Last updated: February 17th, 2024 | Source CRMLS | DOM: 62
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Home details

Lot Sq. Ft
14,810
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24356717
City
Fullerton
County
Orange
Time on Site
78 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,957
  • Total Rent: $7,524
  • Pro Forma/Market Rent: $7,828
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,366
  • Total Rent: $4,550
  • Pro Forma/Market Rent: $4,732
Unit Breakdown 3
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,236
  • Total Rent: $10,750
  • Pro Forma/Market Rent: $11,180
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,808
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,808
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 14.89
  • Gross Scheduled Income: --
  • Net Operating Income: $217,109
  • Gross Operating Income: $325,989
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 925 S Malden Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 12
  • Parcel Number: 07307230
  • Architectural Style: See Remarks
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Orangethorpe Ave and West of Harbor Blvd
View more facts & features

Local Fullerton Agent

Sale History for 925 S Malden Ave

Last sold for $1,775,000 on October 9th, 2009

  • February, 2024

  • Feb 9, 2024

    Date

    Active

    CRMLS: 24356717

    $4,995,000

    Price

  • October, 2023

  • Oct 20, 2023

    Date

    Expired

    CRMLS: PW23147278

    $5,600,000

    Price

  • Aug 8, 2023

    Date

    Active

    CRMLS: PW23147278

    $5,600,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present the Malden Villa Apartments, a turnkey 12-unit apartment complex located in Fullerton, CA. The property offers an easy to manage unit mix of mostly of large 2 bedroom units. The building has undergone extensive capital improvements in both the interior and exterior in the last year, giving it a modern appeal. Some of these upgrades include new appliances, new laminate wood flooring, quartz countertops, new cabinetry, and upgraded bathrooms. Additional features include garage parking, a shared laundry facility and copper plumbing throughout the property. This property has great curb appeal with nothing left to do except collect rent, this asset is easy to manage and is conveniently located near Downtown Fullerton, Fullerton College, and Cal State Fullerton.

  • October, 2009

  • Oct 9, 2009

    Date

    Sold (Public Records)

    Public Records

    $1,775,000

    Price

  • November, 2006

  • Nov 7, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 925 S Malden Ave

Assessed Value (2020): $2,051,849
Year Land Value Improved Value Assessed Value
2020 $1,682,516 $369,333 $2,051,849

Home Value Compared to the Market

This property vs the competition

925 S Malden Ave is listed 402.01% higher than the median list price for the city of Fullerton which has a median list price of $995,000. The median price per/sqft for Fullerton is $587 and this home is listed at $493.53 per/sqft which puts the price per square foot 15.92% lower than the median price per square foot for the city of Fullerton.

About 925 S Malden Ave

Detailed summary of property

925 S Malden Ave is a multi family located in Fullerton, CA 92832 and is currently for sale. This multi family property offers 21 bedrooms, 13 bathrooms, roughly 10,121 living square feet, and sits on an approximately 14,810 square foot lot. 925 S Malden Ave was first listed on ArdentRealEstateGroup.com on February 10, 2024. The homeowner is currently asking $4,995,000. The median priced home in Fullerton is $995,000 with a median price per square foot of $587. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 402.01% higher than the median priced home. Local competing homes currently for sale include 4015 Marcus Ave, 3912 River Ave and 111 39th St. While the average home in Fullerton, CA is selling in 40 days, 925 S Malden Ave has a days on market of 62 days. There are currently 179 homes for sale in the Fullerton real estate market and 130 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 925 S Malden Ave Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 925 S Malden Ave

Public county record property details
Beds
--
Baths
--
Year built
1962
Sq. Ft.
10,123
Lot Size
15,770
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
073-072-30

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$820,000
Median List Price/Sq.Ft.
$620
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$533
Total Inventory
15
Median Sale to List Price %
96.46%
Avg Days on Market
41
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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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