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131 N Montague Avenue

Fullerton, CA 92831
  • $1,488,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PW25042721
$1,488,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Clayton Kilbarger of First Team Real Estate (714-974-9191)


Description

We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullertons 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160985674
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131 N Montague Avenue Fullerton, CA 92831

  • Price: $1,488,000
  • Status: Active
  • On Site: 17 Days
  • ID#: PW25042721
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1959
Built
Neighborhood:
83 - Fullerton
County:
Orange
Area:
83 - Fullerton
Property Description
We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullertons 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.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Open Parking Spaces 1 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Garage YN Yes Gross Income 66600 Gross Scheduled Income 66600 Insurance Expense 1360 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 48305 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 18295 Pest Control Expense 360 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 5550 Trash Expense 400 Water Sewer Expense 2600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Clayton Kilbarger of First Team Real Estate (714-974-9191)