3160 Garnet, Fullerton, CA 92831 | For Sale

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For Sale $1,475,000

$1,475,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 7,405 Sq Ft

Description

GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County's most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,475,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 6 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 33922511
MLS # OC26133079
Property ID 322950209
Lot Sqft 7,405
Zoning Unknown
Total Units 4
Days on Market 12
Original List Price $1,475,000
Date Updated June 22, 2026
Date Created June 21, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $9,060 $0
Net Income (Yr) $ 80,346
Cap Rate 5.45%
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Listing Provided By

Eric Reichert an agent of . Lic #00967215


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 22, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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