134 S Pritchard Avenue, Fullerton, CA 92833

$5,800,000

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List Price
$5,800,000
Price Change
▼ $195,000 1780355365
Status
ACTIVE
MLS#
OC25238616
Year Built
1964
Lot Size
20,037
Acres
0.46
Lot Location
16-20 Units/Acre
Days on Market
279
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Other

Property Description

We are pleased to offer 134 S Pritchard Ave, located in Fullerton, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Valencia Park Elementary School, Buena Park High School, Sunny Hills High School, Los Coyotes Country Club, the Source OC Shopping Mall, Beach Blvd, the 5 Freeway and 91 Freeway Interchange. Built in 1954, the property had a major interior and exterior renovation in 2022. The complex has a great unit mix of fifteen two-bed one-bath units, one three-bed one-bath unit, and a non-conforming one-bed one-bath unit. The Non-Conforming Unit is In Process of becoming Conforming. The property is a two-story garden-style walk-up with a center courtyard surrounding a gated swimming pool. There is an on-site laundry room and covered parking for the tenants. Each unit is separately metered for gas and electricity. Each of the units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new front gate, new landscaping, newly paved parking lot, some new fencing and paint, new wall air conditioning, and new double pane vinyl windows. The complex is conveniently located just 2 miles from Knott’s Berry Farm, Knott’s Soak City, Medieval Times, Pirates Adventure, Portillo’s Bakery, and the Buena Park entertainment zone. The property is also less than a mile from many major retail centers and employment opportunities.

Additional Information

Appliances
Disposal, Gas Oven, Gas Range, Range Hood, Water Heater
Pool Description
Community, Fenced, In Ground
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Granite Counters
Attached Structure
Attached
Number Of Units Total
17
Gross Scheduled Income
$489,600
Operating Expense
154356

Listing courtesy of Listing Agent: Mark Bridge (Mark.Bridge@matthews.com) from Listing Office: Mark Bridge, Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.