300 N Mountain View Pl
Fullerton, CA 92831
Multifamily Property For Sale · 7 Units

*Orange County Great Location in the City of Fullerton. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. " No Rent Control " . Two-Story 7-Unit Apartment Building is Located in a Quiet and Rental Desirable Neighborhood in the City of Fullerton. Corner Lot which is At The Corner of 300 N. Mountain View Place & 2001 E. Wilshire Avenue. Inside Total 4,327 Sq.ft. Newer Paint. Newer Windows and Most of the Units have been Fully Renovated. All One Bedroom with One Bath, Monthly Rent ( $1,595 /$ 1,450 /$ 1,450 /$ 1,595 /$ 1,450 /$1,450 /$1,495) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $ 125,820, Annual Expense includes Property Tax, Insurance is Approx. $ 36,732. Annual Net Operating Income Approx. $ 89,088. Performa Annual Rental Income will be $ 137,820. Landlord Only Pays the Water /Trash /Laundry Gas /Gardener /Property Tax /Insurance. Separate On-Site Coin-Operated Laundromat For Addition Laundry Income. Detached 7 Enclosed Single-Car Garages on the Side Which can be Rented $100 Per Month Additional for Extra Rental Income. School Across the Street. Short Distance to Cal State Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.Tenants with a " Month-To-Month "Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent. Great investment opportunity For The Investor who Wants to Keep this property as a Long Term Investment.