3100 TOPAZ LN new Save Request In-Person Tour Request Virtual Tour
Fullerton,CA 92831
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision College Greens
MLS Listing ID PW25253285
HOA Y/N No
Year Built 1964
Property Sub-Type Quadruplex
Property Description
Discover an exceptional investment opportunity at 3100 Topaz Lane, a pride-of-ownership fourplex nestled on a prime corner lot in Fullerton's desirable College Greens neighborhood. Built in 1964 by the renowned Covington Builders, this well-maintained property spans approximately 4,319 square feet and features a strong unit mix: one spacious 3-bedroom, 2-bathroom unit (1,198 sq ft) and three comfortable 2-bedroom units (one with 2 bathrooms at 1,048 sq ft, one with 1.5 bathrooms at 1,038 sq ft, and one with 1 bathroom at 1,008 sq ft). Each unit boasts generous living spaces with tile flooring in the living areas, individual meters for electricity and gas, and private outdoor areas—three with patios and one with a spacious deck. Recently painted exteriors enhance the curb appeal, while practical amenities include a private laundry facility, alley access to garages, and a total of 5 garage parking spaces for added convenience.
This low-maintenance gem benefits from long-term tenants and is poised for strong cash flow with rents at market rates—currently aligned with Fullerton's averages of around $2,600 for 2-bedroom units and $3,200-$3,500 for 3-bedroom units, offering excellent upside potential.
The neighborhood is highly walkable, with entertainment venues, restaurants, pharmacies, parks, and recreational areas just a short stroll away, fostering a sense of community perfect for families. Top-rated schools in the Placentia-Yorba Linda Unified School District, including Topaz Elementary, Col. J.K. Tuffree Middle, and El Dorado High, add to the appeal for tenants seeking quality education options. Don't miss this turnkey multifamily property in a sought-after location—schedule a viewing today!
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Heating Forced Air,Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Curbs,Street Lights,Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 33922301
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard