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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$2,145,000

Est. payment - /mo

9 Beds

3 Baths

7,405 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC25276298

Bedrooms 9

Lot Size 7,405 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

705 East Santa Fe Avenue, a fully renovated five-unit multifamily property in Fullerton, California. The asset combines a desirable mix of larger floor plans with extensive 2025 upgrades, offering investors a turnkey opportunity in a high-demand North Orange County market. The property offers a 5.72% cap rate on current rents, providing immediate, in-place cash flow. The community features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one 4-bed/1-bath unitlayouts well-suited for families and long-term renters. All units underwent a comprehensive renovation in 2025, and all units benefit from updated finishes, modern ceiling fans, and numerous contemporary improvements. The property provides six garage spaces, a competitive advantage in this submarket. Furthermore, the property was repiped with copper plumbing in 2019, further reducing near-term capital expenditure risk. All units received full renovations, with upgrades including new vinyl flooring throughout, tile bathroom flooring, quartz countertops, shaker-style cabinets, all-in-one washer/dryers, stainless steel appliances, tile backsplashes, modern lighting and fixtures, and refinished bathrooms with new vanities. The renovated four-bedroom unit features new vinyl flooring, shaker-style cabinets, stainless steel appliances, and a granite countertop, along with a private laundry room created from the former community laundry area. Most windows throughout the property have been upgraded to dual-pane. 705 East Santa Fe Avenue is centrally located within one mile of several major Fullerton demand drivers, including

Location

State CA

County Orange

Zoning Assessor

Direction Cross Streets of East Santa Fe Avenue & East Walnut Avenue

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 03315408

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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705 E Santa Fe Avenue Fullerton, CA 92831

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information