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3049 Topaz Lane

Fullerton, CA 92831
  • $1,750,000
  • STATUS: Active
  • ON SITE: 146 Days
  • ID#: PW25162189
$1,750,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Paul Espinosa of Morgan Skenderian (949-251-8800) and Rick Applebaum of ()


Description

Built in 1964 and situated on just under 8,000 square feet of land, this property features four spacious units, all with two & three bedrooms, offering generous floorplans for a total of 4,337 rentable square feet. Some of the property amenities include an onsite laundry facility, patios/balconies, fireplaces (for select units), individual water heaters, (2) double-car garages and (2) single-car garages for a 1.5 to 1 parking ratio. The property boasts a new roof, concrete driveways, decks, balconies, railings and electrical panels. All of the units are individually metered for electricity and gas. This property can be purchased with neighboring property at 3043 Topaz Lane. *Unit #D (the 2BR/1BA unit) is eligible for an 8% rent increase now, and the other 3 units are eligible for 8% rent increases effective April 1, 2026.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/166059811
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3049 Topaz Lane Fullerton, CA 92831

  • Price: $1,750,000
  • Status: Active
  • On Site: 146 Days
  • ID#: PW25162189
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1964
Built
Neighborhood:
Other
County:
Orange
Area:
83 - Fullerton
Property Description
Built in 1964 and situated on just under 8,000 square feet of land, this property features four spacious units, all with two & three bedrooms, offering generous floorplans for a total of 4,337 rentable square feet. Some of the property amenities include an onsite laundry facility, patios/balconies, fireplaces (for select units), individual water heaters, (2) double-car garages and (2) single-car garages for a 1.5 to 1 parking ratio. The property boasts a new roof, concrete driveways, decks, balconies, railings and electrical panels. All of the units are individually metered for electricity and gas. This property can be purchased with neighboring property at 3043 Topaz Lane. *Unit #D (the 2BR/1BA unit) is eligible for an 8% rent increase now, and the other 3 units are eligible for 8% rent increases effective April 1, 2026.
Exterior Features

Entry Level 1 Entry Location Street Number Of Separate Electric Meters 4 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.46 Common Interest Community Apartment Community Features BikingCurbsParkStreet LightsSidewalks Electric Expense 531 Fuel Expense 197 Garage YN Yes Gross Income 115516 Gross Scheduled Income 115516 Insurance Expense 4337 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Maintenance Expense 3361 Net Operating Income 78044 New Construction YN No New Taxes Expense 19596 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 34006 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 2054 Vacancy Allowance 3465 Vacancy Allowance Rate 3 Water Sewer Expense 1979 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Paul Espinosa of Morgan Skenderian (949-251-8800) and Rick Applebaum of ()