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33794303
33794304

3160 Garnet, Fullerton, CA 92831

ER
OCProperties
Listed by OCProperties
$1,475,000
13 days on market
Updated 12 days ago

3160 Garnet

Details
APN 33922511
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.45%
Buildings 1
Acreage 0.170
Zoning Assessor

Multifamily | 5.45% CAP | 4 Units

Marketing description

GREAT INVESTMENT OPPORTUNITY! Strong Rents, Stable Tenants & Priced to Sell! Rare opportunity to acquire a well-maintained 4-unit apartment property in the heart of Fullerton, one of Orange County's most desirable and high-demand rental markets. This single-story multifamily asset consists of four 2-bedroom, 1-bathroom units and is 100% occupied by long-term tenants with a strong history of on-time rent payments, providing immediate and reliable cash flow. The property currently generates approximately $9,060 per month in rental income, with potential for future rent growth. Each unit offers a functional floor plan, dual-pane windows, private patio space, and is individually metered for gas and electricity. Owner expenses are limited, with tenants responsible for their own gas and electric service, while ownership pays water, trash, and common area utilities. Recent capital improvements include exterior painting, exterior wood repair and treatment, and replacement of exterior windows and sliding glass doors, enhancing both curb appeal and long-term value. Additional amenities include an on-site coin-operated laundry facility and three detached two-car garages providing a total of six parking spaces. Ideally located near the 57 and 91 freeways, Cal State Fullerton, public transportation, shopping, dining, and entertainment, this property benefits from strong rental demand and low vacancy rates. Perfect for investors seeking a turnkey income property or buyers completing a 1031 exchange.
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ER
OCProperties
Listed by OCProperties

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Zoning

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R-3 ResidentialMulti FamilyLimited Density Multiple Family Residential
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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