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268 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 262 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.

Offered at $995,000

Contact Josh Ess for more listing details.

310-867-1183

 

Property Details

  • Units: 2
  • Gross Rent Multiplier: 16.67
  • Cap Rate: 3.0

Download Offering Memorandum

Contact Listing Agent

Price

$995,000

Annual Income

$59,700

Annual NOI

$29,802

Annual Expense

$26,913

Rental Cost Details

# OF UNITS# OF BEDROOMS# OF BATHSACTUAL RENTTOTAL RENTPRO FORMATOTAL PRO FORMA
131$2,500$2,500$3,300$3,300
121$2,475$2,475$2,800$2,800
TOTAL # OF UNITSTOTAL # OF BEDROOMSTOTAL # OF BATHSGRAND TOTAL RENTGRAND TOTAL PRO FORMA
252$4,975$6,100

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