Tyler Leeson
Marcus & Millichap RE Invest
949-419-3200
The Quartz Portfolio, a 43-unit multifamily investment opportunity located in Fullerton, CA. Situated on seven neighboring parcels, the portfolio offers a highly-desirable mix of spacious two and three-bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on-site laundry facility, private patios (select units), and ample garage parking. The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohl’s, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California. In summary, The Quartz Portfolio’s fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well-located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1964
Building Area Total: 46,368
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.99
Lot Size Source: Assessor
Lot Size Square Feet: 86684.4
Original List Price: 17,990,000
Listing Contract Date: 2023-12-13
Listing Agreement: Exclusive Right To Sell
Parcel Number: 33923501
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 2543
Directions: Cross Streets: North Placentia Avenue & Quartz Lane
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 60
Common Walls: No Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: First Floor
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1305 Cameo Lane, Fullerton, CA,92831 | $799,999 | 3 | 2 | 1,562 | 1161 Sqft |
2199 Associated Road, Fullerton, CA,92831 | $849,999 | 3 | 2 | 1,503 | -- |
1626 Riverside Drive #1.., Fullerton, CA,92831 | $2,200,000 | 11 | 8 | 5,320 | 12928 Sqft |
1626 Riverside Drive #1.., Fullerton, CA,92831 | $2,200,000 | -- | -- | 5,320 | 12928 Sqft |
1349 Shadow Lane #118, Fullerton, CA,92831 | $625,000 | 2 | 2 | 1,170 | 1500 Sqft |
1244 Grove Place, Fullerton, CA,92831 | $1,999,888 | 6 | 4 | 3,900 | 9345 Sqft |
1413 Vista Del Mar Drive, Fullerton, CA,92831 | $2,199,000 | 5 | 4 | 4,617 | 24000 Sqft |
709 E Santa Fe Avenue, Fullerton, CA,92831 | $1,950,000 | -- | -- | 4,430 | 7840.8 Sqft |
135 N Yale Avenue, Fullerton, CA,92831 | $1,499,000 | 2 | 2 | 1,000 | 6098 Sqft |
1349 Shadow Lane #219, Fullerton, CA,92831 | $549,000 | 2 | 2 | 1,155 | 1155 Sqft |
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ByOwner last updated this listing 05/29/2024 @ 22:23
MLS: OC23225443
LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest
SOURCE: CRMLS
Buyer Agency Compensation: 1%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.