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$ 1,450,000
$ 1,450,000
Est. payment /mo
Sold on 12/16/2024
231 W Knepp Ave Fullerton, CA 92832
UPDATED:
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240022478SD
Year Built 1958
Property Description
This prime Fullerton property, located near Cal State Fullerton, features four spacious 2-bedroom, 1-bathroom units perfect for off-campus student housing. With strong rental demand and garages both on-site and in the alley, this property offers convenient parking options. The long term tenants currently occupying the spacious units include tenants occupying units for over five years, alongside residents that have called 231 W Knepp home for over twenty years. There is significant upside potential for rent growth, making it an excellent value-add investment opportunity.
Location
State CA
County Orange
Building/Complex Name Fullerton
Interior
Cooling None, Wall/Window Unit(s)
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Tyler Brand • JLM Real Estate Inc
Bought with Tyler Brand • JLM Real Estate Inc
Bought with Tyler Brand • JLM Real Estate Inc