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260 E Walnut Way, Fullerton

NEW Listing! Two-on-a-lot with 2 separate 2 car garages with alley access behind the dwelling units. This duplex sits on a massive 10,454 sqft lot and can be purchased with the mirrored duplex next door at 268 E Walnut Way. Located just blocks from all of the wonderful retail in Downton Fullerton and ~1 Mile from the 91 Freeway, these units are desirable for tenants. The front unit has 2 bedrooms and one bathroom with a total floor space of ~975 sqft. The back unit features 3 large bedrooms and 2 bathrooms with a total floor space of ~1230 sqft. Both units are separately metered for electricity and gas, have their own in unit laundry, and have private yard/patio spaces for tenants to enjoy. The garages are detached, large and have high ceilings for great ADU potential. Please note that the income and expenses listed below are at market rents.

Offered at $995,000

Contact Josh Ess for more listing details.

310-867-1183

 

Property Details

  • Units: 2
  • Gross Rent Multiplier: 13.82 Market
  • Cap Rate: 4.1 Market

Download Offering Memorandum

Contact Listing Agent

Price

$995,000

Annual Income

$72,000

Annual NOI

$40,319

Annual Expense

$28,028

Rental Cost Details

# OF UNITS# OF BEDROOMS# OF BATHSACTUAL RENTTOTAL RENTPRO FORMATOTAL PRO FORMA
121$2,410$2,410$2,800$2,800
131$600$600$3,300$3,300
TOTAL # OF UNITSTOTAL # OF BEDROOMSTOTAL # OF BATHSGRAND TOTAL RENTGRAND TOTAL PRO FORMA
252$3,010$6,100

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