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2117 Teri Place, Fullerton, CA

$1,565,000 - $1.6M Price - 4,527 Sqft - .16 Acres - 50 DOM

The Teri Place Apartments, walking distance to Cal State Fullerton, provides a large pool of potential student renters looking for convenient, quality housing. This offering represents a rare opportunity for an investor to acquire a 5.5% Cap Rate /10% total return for a stable, renovated, “A” location investment property in the solid rental market of Fullerton, California.The city of Fullerton is a dynamic city in Orange County with a vibrant downtown located in Orange County, approximately 25 miles southeast of downtown Los Angeles. The property offers an attractive unit mix consisting of (2) three bedroom/ one & one-half bathroom Townhouse style units and (2) two bedroom/ one-bathroom units totaling 4,527 square feet, situated on a 6,966 square foot lot. The subject property has recently gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, and new bathrooms. Common area amenities include a shared patio/deck, enclosed garages, and on-site laundry room.

Essential Information

For 2117 Teri Place, Fullerton, CA
  • MLS® # OC19202193
  • Price $1,565,000
  • Bathrooms 0.00
  • Square Footage 4,527
  • Acres 0.16
  • Year Built 1964
  • Type Residential Income
  • Status Active

Community Information

For 2117 Teri Place, Fullerton, CA
  • Address 2117 Teri Place
  • Area Wrigley Area (5)
  • City Fullerton
  • County Orange
  • State CA
  • Zip Code 92831

Amenities

For 2117 Teri Place, Fullerton, CA
  • Parking Spaces 6
  • # of Garages 6

Interior

For 2117 Teri Place, Fullerton, CA
  • # of Stories 2
  • Stories Two

Exterior

For 2117 Teri Place, Fullerton, CA

Lot Description

For 2117 Teri Place, Fullerton, CA

Front Yard, Near Public Transit

Additional Information

For 2117 Teri Place, Fullerton, CA
  • Date Listed August 23rd, 2019
  • Days on Market 50

Listing Details

For 2117 Teri Place, Fullerton, CA
  • Agent Greg Bassirpou(01365951)
  • Office Marcus & Millichap RE Invest

Price Change History for 2117 Teri Place, Fullerton, CA (MLS® #OC19202193)

Date Details Change
Status Changed from Pending to Active
Status Changed from Active to Pending

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Based on information from California Regional Multiple Listing Service, Inc. as of October 15th, 2019 at 9:33pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.