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Listed by Kay Meewan Lee • Circa Properties, Inc.
$ 2,199,951
Est. payment /mo
Active
3100 TOPAZ Lane Fullerton, CA 92831
4,319 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,319 sqft
Price per Sqft $509
MLS Listing ID CRPW25253285
HOA Y/N No
Year Built 1964
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Discover an exceptional investment opportunity at 3100 Topaz Lane, a pride-of-ownership fourplex nestled on a prime corner lot in Fullerton's desirable College Greens neighborhood. Built in 1964 by the renowned Covington Builders, this well-maintained property spans approximately 4,319 square feet and features a strong unit mix: one spacious 3-bedroom, 2-bathroom unit (1,198 sq ft) and three comfortable 2-bedroom units (one with 2 bathrooms at 1,048 sq ft, one with 1.5 bathrooms at 1,038 sq ft, and one with 1 bathroom at 1,008 sq ft). Each unit boasts generous living spaces with tile flooring in the living areas, individual meters for electricity and gas, and private outdoor areas-three with patios and one with a spacious deck. Recently painted exteriors enhance the curb appeal, while practical amenities include a private laundry facility, alley access to garages, and a total of 5 garage parking spaces for added convenience. This low-maintenance gem benefits from long-term tenants and is poised for strong cash flow with rents at market rates-currently aligned with Fullerton's averages of around $2,600 for 2-bedroom units and $3,200-$3,500 for 3-bedroom units, offering excellent upside potential. The neighborhood is highly walkable, with entertainment venues, restaurants, pharmaci
Location
State CA
County Orange
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
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