Fullerton, CA 92835,2800 Santiago RD
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Fullerton, CA 92835,2800 Santiago RD
Fullerton, CA 92835,2800 Santiago RD
Fullerton, CA 92835,2800 Santiago RD
Fullerton, CA 92835,2800 Santiago RD

$1,715,500

Est. payment /mo

$1,765,000

2.8%
Est.Price: ?

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2800 Santiago RD Fullerton, CA 92835

9,147 Sqft Lot

SOLD DATE : 12/23/2020

Key Details

Sold Price $1,715,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20232175

Sold Date 12/23/20

HOA Y/N No

Year Built 1966

Lot Size 9,147 Sqft

Property Description

We are pleased to present the Santiago Villas fourplex. The Santiago Villas is a pride of ownership multifamily apartment building located on a quiet cul-de-sac on the border of Brea & Fullerton, The subject property has approximately 5000 sf of living space which is extremely large and rare for a 4 unit apartment building. The unit mix is optimal with: 1 (3+2) single story owners unit with fireplace, patios (2) and washer /dryer hookups, 1 ( 2+2) single story unit with patio and 2 (2+2) walk-up units. Currently the owner/seller occupies the 3 bedroom and would like to rent back said unit for 6 months after the close of escrow. The tenant amenities include: Central AC/Heat all Units, 8 garage spaces & 3 open parking spaces, common laundry room with coin-op owned machines (that are included in the sale), and separate gas and electric meters for each unit. The units have undergone many renovations; in the interior these include new cabinetry, quartz/granite counter tops, appliances, luxury plank flooring, paint and more; on the exterior these include: new concrete parking stalls and garage apron, newer exterior paint and more. $104,760. actual gross rents with upside to $114,780 annual gross on market rents. Priced to sell competitively with a model match closing in the same price tract on 10/26/20 with similar renovations and rents, but the comp had arguably an inferior location in the tract located on highly trafficked Bastanchury Road.

Location

State CA

County Orange

Area 83 - Fullerton

Zoning R3

Interior

Interior Features Ceiling Fan(s), Tile Counters, Attic

Heating Forced Air

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Tile, Vinyl

Fireplaces Type Family Room, Outside

Fireplace Yes

Appliance Dishwasher, Disposal

Laundry Common Area

Exterior

Exterior Feature Rain Gutters

Parking Features Garage Faces Rear

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking, Curbs, Gutter(s)

Utilities Available Electricity Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 13

Private Pool No

Building

Lot Description 2-5 Units/Acre, Sprinklers In Front, Sprinkler System

Story 2

Entry Level Two

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 28404109

Security Features Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brad New • Vanguard Property Group
Bought with Daniel Blackwell • CB Richard Ellis, Inc.

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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