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Quadruplex at 2140 Associated Road
$1,895,000
2140 Associated Road
Fullerton, Orange, 92831
Quadruplex · 4 units
Active · 4 days on market

Deal numbers

Est. cap rate
3.4%
Assumed rent, all units
$10,600/mo
Units
4
Price per unit
$473,750
Est. annual NOI
$63,600
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.

5.0%
50%
25%
7.00%
Effective gross income
$120,840
Operating expenses
$60,420
Net operating income
$60,420
Annual debt service
$113,467
Annual cash flow
-$53,047
Cash on cash return
-11.2%
Down payment
$473,750

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
4,255 sqft
Lot size
7,405 sqft
Year built
1964
Stories
2
Garage spaces
6
Style
Ranch
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Pool
None
Status
Active
Days on market
4
MLS #
247898348

About this property

2140 Associated Road is a fully occupied 4-unit multifamily property in Fullerton, CA, located less than half a mile from the Cal State Fullerton campus. Set on a 7,405 SF lot, the asset features two 3BR/2BA downstairs units with patios and two 2BR/2BA upstairs units with large open decks. Amenities include on-site laundry, wall AC, and three two-car garages plus two open parking spaces. Built in 1964, the property offers investors a stable, well-located Orange County asset with achievable rental upside.

Location

2140 Associated Road

Fullerton, Orange, CA, 92831

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

2140 Associated Rd, Fullerton CA | Multifamily for Sale