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123 S Lincoln Avenue

Fullerton, CA 92831
  • $4,900,000
  • STATUS: ACTIVE
  • ON SITE: 38 Days
  • ID#: OC24200228
UPDATED: 52 min ago
$4,900,000
  • 2
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time! Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/155874930
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123 S Lincoln Avenue Fullerton, CA 92831

  • Price: $4,900,000
  • Status: ACTIVE
  • On Site: 38 Days
  • Updated: 52 min ago
  • ID#: OC24200228
2
Beds
0
Baths
0
½ Baths
0.49
Acres
Neighborhood:
Oc - Fullerton (92831)
County:
Orange
Area:
Oc - Fullerton (92831)
Property Description
Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time! Turnkey cash-flowing apartments in a good location such as this are hard to find! All units have been recently renovated and rented at close to market rents, provided a stabilized product and enabling a new owner to enjoy the income with minimal maintenance. The Lincoln Apartments are located on a large piece of land, with ample parking and garages that could be converted to ADU's. This is a great property to own and enjoy increasing cash flow over time!
Exterior Features

Pool N/K Site Cul-De-SacSidewalks Spa N/K

Interior Features

Cooling N/K Stories 2 Story Total Baths Unit1 1

Property Features

Annual Expense Actual 101786 Buildings 4 Cfd Mello Roos Fee 3002.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 318000 Home Owners Fees 0.0 Monthly Total Fees 250 Tenant Pays ElectricityGas/Propane Terms Conventional Unit Number For Unit1 1 Unit1 Rent Actual 2200.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Christopher Pettit of Skyline Commercial Real Estate: 626-664-9863. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128