$1,050,000
$1,200,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
145 W Whiting AVE Fullerton, CA 92832
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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Bought with Leland Wilson • Reliance Real Estate Services
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Broker | License ID: DRE#01976964