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-**Huge Price Reduction $91K ** Higher Actual Rents/5.05 CAP rate/14.7 GRM on actual rents, New Roll-up Garage Doors, New Exterior Paint! - achieve a 5.67 CAP Rate/ 13.64 GRM on realistic market rents!! Best OC 4plex CAP rate available - priced to sell now. The Garnet Palms Apartments is a well maintained, single story Fullerton fourplex consisting of four two bedroom, one bath units 4(2+1) with enclosed garages, separate tenant gas & electric meters, with an onsite laundry room for additional owner income. The subject property is located in a high-demand tenant location near the intersection of Yorba Linda blvd & Placentia Ave, walking distance to the Target center and numerous other tenant amenities. Additionally, the 57 Freeway on/off-ramp and the California State University Fullerton campus are located just 1/2 of a mile from the subject property. The City of Fullerton also offers tenants numerous entertainment venues, an award winning school district and transportation hubs like the Fullerton Airport and the Fullerton Amtrak Train Station which offers tenants daily commutes to LA and San Diego
Based on information from California Regional Multiple Listing Service, Inc. as of December 9th, 2019 at 10:28pm 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.