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Stacey Alysson Melman

3160 Garnet
Fullerton, CA, 92831
$1,475,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #OC26133079 image #0
Fell Out of Escrow – Their Loss, Your Gain! — GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County’s most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange.
AGENT: Eric Reichert
LISTING BROKERAGE: OCProperties
3160 Garnet
Fullerton, CA

Property Details

Price:
$1,475,000
MLS #:
OC26133079
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
699notdefined
Listed Date:
Jul 18, 2026
Total Sq Ft:
3,258
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1964
699 – Not Defined699notdefined
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Schools

Interior

Laundry Features
CM

Exterior

Common Walls
_2CW
Community Features
SDW, SL, CRB
Garage Spaces
6
Parking Spots
6
Parking Total
6

Financial

Gross Operating Income
$109,536
Maintenance Fee
$7,265
Net Operating Income
$80,346

Map

Community

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