1600 Picadilly Way

    Fullerton, CA 92833
    • $1,149,900
    • STATUS: Active
    • ON SITE: 160 days
    • ID#: PW19107411
    $1,149,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,653
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    PRICE REDUCED!!! Pride of ownership! 4 unit multifamily investment property located in the city of Fullerton, one of the strongest rental markets in Orange County. 1600 Picadilly Way is situated on a .173-acre lot, the 3,653 square feet property consists of four spacious two-bedroom units. Located close to downtown Fullerton, City of Anaheim, City of Buena Park and both 5 & 91 Freeways, this sought after apartment is the central hub of Orange County and is ideal for all types of renters! This location has historically produced extremely high tenant demand for stable occupancy.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/94651737

    1600 Picadilly Way Fullerton, CA 92833

    • Price: $1,149,900
    • Status: Active
    • ID#: PW19107411
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,653
    SQFT
    $315
    $/SQFT
    1964
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    PRICE REDUCED!!! Pride of ownership! 4 unit multifamily investment property located in the city of Fullerton, one of the strongest rental markets in Orange County. 1600 Picadilly Way is situated on a .173-acre lot, the 3,653 square feet property consists of four spacious two-bedroom units. Located close to downtown Fullerton, City of Anaheim, City of Buena Park and both 5 & 91 Freeways, this sought after apartment is the central hub of Orange County and is ideal for all types of renters! This location has historically produced extremely high tenant demand for stable occupancy.
    Exterior Features

    Carport Spaces 2.00 Garage Spaces 1.00 Lot Features Cul-De-SacFront YardGardenLot 6500-9999Sprinkler System Lot Size Units Square Feet Parking Features Detached CarportCoveredDrivewayDriveway - CombinationPavedGarage Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 936 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Wall Furnace Heating YN Yes Laundry Features Common AreaCommunityDryer IncludedWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 1464.00 Elevation Units Feet Fuel Expense 720.00 Gross Income 80400.00 Gross Scheduled Income 80400.00 Insurance Expense 1584.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 1200.00 Laundry YN Yes Net Operating Income 62856.00 New Construction YN No New Taxes Expense 13700.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Number With Disposal 4 Operating Expense 17544.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other Other Total Actual Rent 6600.00 Total Expenses 20336.00 Trash Expense 504.00 Water Sewer Expense 2364.00 Water Source Public Year Built Source Public Records

    Listing provided courtesy of James Kim of Re/Max Cornerstone


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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