Active
912 E Commonwealth Ave, Fullerton
- Perfect move-in ready house plus 2 ADUs in an excellent Fullerton location
- Detached 2 bed, 1 bath SFR completely remodeled in 2021 with new kitchen, bathroom, windows, finishes, AC, laundry, and overhead lighting
- Two new 2 bed, 1 bath ADUs in rear built in 2022 , also with modern finishes, open concept floor plans, AC and in-unit laundry
- Parking lot for 4 cars off street
- Separately metered for gas and electricity plus solar panels on ADUs
- In-place rent from ADUs can nearly cover your mortgage at $2300 each
- Turnkey, low maintenance property perfect for a start investment property
Property Details
- Units: 3
- Gross Rent Multiplier: 14.86
- Cap Rate: 3.7
Download Offering Memorandum
Contact Listing AgentPrice
$1,275,000
Annual Income
$85,800
Annual NOI
$47,313
Annual Expense
$34,197
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 2 | 1 | $2,550 | $2,550 | $2,550 | $2,550 |
| 1 | 2 | 1 | $2,300 | $2,300 | $2,350 | $2,350 |
| 1 | 2 | 1 | $2,300 | $2,300 | $2,350 | $2,350 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 3 | 6 | 3 | $7,150 | $7,250 |
Let’s Discuss This Property
Please fill out the form below and we’ll get back to you as soon as we can.
