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The Knepp Apartments is a 4 unit multifamily property ideally located just a few blocks away from the popular Downtown Fullerton in North Orange County. The subject property possesses an ideal unit mix of four two bedroom, two bath 4 (2+1) units; tenant amenities include: garage parking and on site laundry facility. The units are separately metered for gas & electric for low landlord expenses, while the onsite laundry room provides additional landlord income. Currently the subject property is occupied by long term tenants on a month-to-month basis with approx 23% upside in rents from the current level to the market levels. The Knepp Apartments boast a tremendous location across the street from the Costco Center/AMC Fullerton 22 Theaters, numerous retail and restaurants and wallking distance to the downtown Fullerton transportation corridor including the Amtrak & Mertolink station and Bus Depot. Additionally, the 91 freeway on-ramp is located within 3/4 of a mile from the subject property providing quick access to the 91, 5 and 57 freeways for commutes to numerous Orange County and LA County employment centers.
Based on information from California Regional Multiple Listing Service, Inc. as of November 14th, 2019 at 7:16am 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.