Est. cap rate

3.2%

Assumed rent, all units

$10,800/mo

Units

4

Price per unit

$498,750

Est. annual NOI

$64,800

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

4

Building size

4,997 sqft

Lot size

8,712 sqft

Year built

1966

Stories

2

Garage spaces

8

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

1

MLS #

245539803

About this property

Welcome to 2808 Santiago Road, a Fourplex Investment Opportunity Located in the Highly Desirable Villa Santiago Community of Fullerton. All Four Units are Currently Tenant-Occupied, Offering an Established Income-Producing Property with a Desirable Mix of One 3 Bed/2 Bath Unit and Three 2 Bed/2 Bath Units. Recent Property Improvements Include a New Roof and Newer HVAC and Furnace Systems. Unit A Features Three Bedrooms, Two Bathrooms, Tile Flooring, Dual Payne Windows, Newer HVAC, and a Recently Upgraded Kitchen with White Shaker Cabinetry and Stainless Steel Appliances. Unit B Offers Two Bedrooms, Two Bathrooms, Tile Flooring, Partially Updated Kitchen, Newer HVAC and Furnace, Dual Payne Windows, and a Private Patio with a Vinyl Gate. Unit C Includes Two Bedrooms, Two Bathrooms, Dual Payne Windows, Laminate Flooring, and a Private Balcony. Unit D Features Two Bedrooms, Two Bathrooms, Carpet and Laminate Flooring, Dual Payne Windows, and a Private Outdoor Area. Each Residence Includes a Private Patio or Balcony, Providing Valuable Outdoor Space for Tenants. Enjoy a Short Walk to a Local Coffee Shop, Morningside Plaza Shopping and Restaurants, and Coyote Hills Golf Course. A Short Drive to Multiple Parks, Fullerton Sports Complex, St. Jude Medical Center, Cal State Fullerton, and Brea Mall. Easy Access to the 57/91 Freeways. With All Four Units Currently Occupied, a Desirable Unit Mix, and Major Property Improvements Already Completed, 2808 Santiago Road is a Must See!

Location

2808 Santiago Road

Fullerton, Orange, CA, 92835