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Christian Walsh(949) 635-4466
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Status: Under Contract - Under Contract
On Site:16 Days
Lot Size:6,970 Sq. Ft.
A prized investment opportunity awaits at 321 & 323 N. Basque Avenue in Fullerton's coveted Lower Muck neighborhood, surrounded by predominately single family homes, this charming 1950s ranch style duplex offers the perfect combination of location, functionality and strong, high demand rental market. Long terms tenants are currently occupying property on month-to-month leases and would very much like to remain. Arrive to a large and manicured front lawn to a well maintained property - the front unit consists of 2 Bed, 1 Bath with a remodeled kitchen, newer interior paint and carpet and an original brick fireplace in the living room. The front unit enjoys a privately fenced yard (north side of property) and has access to the detached 2-car garage. The rear unit is comfortably sized and the living room has beautiful and large corner windows overlooking the front lawn. A privately fenced yard and covered patio is used by the rear tenant along with a one car carport next to the garage. Convenient alley access provides for ideal off street parking options. This is a rarely available location for any type of multi-family opportunity, do not delay, drive by and submit your offer ASAP.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:321 N Basque Ave Fullerton, CA 92833
Area:83 - Fullerton
Number of Buildings: 1
Total Units: 2
Stories Total: 1
Unit 1: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,550 actual rent•$1,550 total rent•$1,800 pro forma
Unit 2: 1 Unit•2 Beds•1 Bath•Unfurnished•$1,450 actual rent•$1,450 total rent•$1,700 pro forma
Garage Spaces: 2.0
Carport Spaces: 1.0
Parking Features: Assigned, Carport, Garage Faces Rear
Parking Total: 3.0
Features / Amenities
Appliances: Disposal, Gas Range
Fireplace Features: Living Room
Flooring: Carpet, Vinyl
Laundry: Washer Hookup, Gas Dryer Hookup
Accessibility Features: No Stairs
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Common Walls: No Common Walls
Cooling: Wall/Window Unit(s)
Heating: Floor Furnace
Lot Size: 0.16 Acres / 6,970 Sq. Ft.
Lot Features: Item01UnitAcre, Back Yard, Lawn, Street Level
Sewer: Public Sewer
Road Frontage: City Street
Directions:From Malvern or Commonwealth reach Basque Ave (head south or north), property on the west side of Basque south of little Chapman
Tax and Financial Info
Contingency: seller is ready to close as soon as reasonable.
Gross Income: $36,000
Gross Scheduled Income: $36,000
Net Operating Income: $23,076
Gardener Expense: $1,020
Insurance Expense: $1,200
New Taxes Expense: $9,000
Trash Expense: $650
Water/Sewer Expense: $1,054
Operating Expense: $12,924
WALKING AND TRANSPORTATION
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Listing provided courtesy of James Bobbett, Reliance Real Estate Services.
Based on information from California Regional Multiple Listing Service, Inc. as of May 17, 2021. 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. IDX provided by Sierra Interactive.