$1,475,000

3160 Garnet, Fullerton, CA 92831

3,258 sqft

Multi-Family Home
Built in 1964
7,405sqft lot
6 car garage
$453/sqft
Listed 2 months ago

Property Description

Fell Out of Escrow – Their Loss, Your Gain! --- 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.

Listing Status:: Active
Date Added:: June 21, 2026
Data Last Updated:: August 24, 2026 at 7:17AM
Listing Office:: OCProperties : 714-842-3159
Listing Agent:: Eric Reichert : 714-842-3159
Contact:: 714-842-3159
MLS ID:: OC26133079

Laundry: Common Area

Pool: None
Parking: GarageParking spaces: 6

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Orange

Zoning: 33922511

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Eric Reichert , OCProperties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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