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Two story 8 unit apartment building in a highly desirable Fullerton neighborhood. The Porter Avenue Villas in located in a beautifully manicured culd-de-sac and is 100% occupied with a mixture of long term and new tenants, all of which are on month-to-month agreements providing an investor the opportunity to increase rents and immediately increase return. All featured units are composed of 1 BD & 1 BA floor plans that are spacious and well designed along with featuring a large outdoor landscaped entertainment area for residence enjoyment. Additionally, there are (2) 2-car garages and (4) 1-car garages accessible by the alley. Onsite leased laundry provides residence a low cost option to complete laundry onsite along with providing owner additional income. The Porter Avenue Villas have 9 electric meters, 1 gas meter and 1 water meter. Landlord expenses include common expenses which include water, gas and trash services. All tenant specific units are separately metered for electricity. The Porter Avenue Villas are located near the cross streets of Euclid St and Orangethorpe Ave and within walking distance to multiple retail shopping center destinations, the 91 Freeway onramp and close proximity to Downtown Fullerton and all its amenities. Coupled with its close proximity to many Southern California's family destinations such as Disneyland, Los Angeles Angels of Anaheim Stadium, Honda Center, Knott's Berry Farm and more.
Based on information from California Regional Multiple Listing Service, Inc. as of November 20th, 2019 at 10:37am CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.