Fullerton, CA 92832,145 W Whiting AVE

$1,050,000

Est. payment /mo

$1,200,000

12.5%
Est.Price: ?

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145 W Whiting AVE Fullerton, CA 92832

SOLD DATE : 04/30/2018

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW18016621

Sold Date 04/30/18

HOA Y/N No

Year Built 1956

Annual Tax Amount $11,000

Tax Year 2017

Property Description

Rare Mixed Use Investment opportunity in Downtown Fullerton Located near the corner of Chapman and Harbor. Commercial Portion fronts Whiting with parking and access from Chapman. The residential access is primarily from Chapman Side. Parking lot is located on North side and stall count depends on how it's arranged. Residential units consists of a cottage at ground level, a studio and large apartment both upstairs. Owners brought the Commercial portion of the property up to ADA standards and invested appx $200k in upgrades to the commercial portion including 400AMP electric, new front windows, drainage, sound proof walls, doors, zoned AC, air cleaning system, new condenser and coil and refrigerant and mostly all new sewer lines. Cottage unit was re-plumbed. Great opportunity to live on-site and rent out the other units. Potential for bigger development. Zoning allows for 60 DU per acre subject to setbacks, parking and open space requirements etc. Combine parcels. Architect will need to consider code requirements and put a proposal together for city to review.

Location

State CA

County Orange

Area 83 - Fullerton

Zoning c-3

Rooms

Ensuite Laundry In Kitchen

Interior

Laundry Location In Kitchen

Heating Zoned

Cooling Zoned

Fireplace No

Laundry In Kitchen

Exterior

Fence Chain Link, Wood

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition,Rolled/Hot Mop

Private Pool No

Building

Lot Description Level, Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 03222224

Acceptable Financing Cash, Land Use Fee

Listing Terms Cash, Land Use Fee

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Leland Wilson • Reliance Real Estate Services
Bought with Leland Wilson • Reliance Real Estate Services

GUIDE SoCal

Broker | License ID: DRE#01976964

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