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Additional details
$1,488,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25042721
Originating Board California Regional MLS
Year Built 1959
Lot Size 7,405 Sqft
Property Sub-Type Triplex
Property Description
We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullerton's premier rental market. Ideally situated just over a mile from Cal State Fullerton, Downtown Fullerton, the Fullerton Train Station, and Fullerton College, this property benefits from strong rental demand. The Montague Drive Apartments feature highly desirable and rarely available single-story construction, with each unit offering a private yard, garage parking, and washer/dryer hookups. Exceptionally maintained over the years, the property boasts restored original hardwood floors, upgraded tile flooring in kitchens and bathrooms, newer windows, and fresh exterior paint-enhancing its curb appeal on a street lined with single-family homes. The building consists of two, 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit all with long term tenants in place. Since 2021 this property has received several internal upgrades including all new waste/sewer lines, a new Electrical main panel and 3 breaker boxes, new garage doors a full termite treatment including tenting and more.
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Laundry Gas Hookup, 30
Exterior
Garage Spaces 5.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 03339603
Special Listing Condition Not Applicable
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Listed by Clayton Kilbarger • First Team Real Estate