Active

705 E Santa Fe Avenue

Fullerton, CA 92831

$2,195,000 $9,254/Mo

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Overview

Bed

Bath

5,150

Sqft

7,405.20

Sqft(Lot)

Description

705 East Santa Fe Avenue, a fully renovated five-unit multifamily property in Fullerton, California. The asset combines a desirable mix of larger floor plans with extensive 2025 upgrades, offering investors a turnkey opportunity in a high-demand North Orange County market. The property offers a 5.57% cap rate on current rents, providing immediate, in-place cash flow. The community features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one 4-bed/1-bath unit—layouts well-suited for families and long-term renters. All units underwent a comprehensive renovation in 2025, and all units benefit from updated finishes, modern ceiling fans, and numerous contemporary improvements. The property provides six garage spaces, a competitive advantage in this submarket. Furthermore, the property was repiped with copper plumbing in 2019, further reducing near-term capital expenditure risk. All units received full renovations, with upgrades including new vinyl flooring throughout, tile bathroom flooring, quartz countertops, shaker-style cabinets, all-in-one washer/dryers, stainless steel appliances, tile backsplashes, modern lighting and fixtures, and refinished bathrooms with new vanities. The renovated four-bedroom unit features new vinyl flooring, shaker-style cabinets, stainless steel appliances, and a granite countertop, along with a private laundry room created from the former community laundry area. Most windows throughout the property have been upgraded to dual-pane. 705 East Santa Fe Avenue is centrally located within one mile of several major Fullerton demand drivers, including Downtown Fullerton, the Fullerton Transportation Center, Fullerton Union High School, and Fullerton College. Residents also enjoy proximity to three major shopping centers at Harbor Boulevard and Orangethorpe Avenue (Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center). California State University, Fullerton lies just over 1.5 miles away, enhancing long-term renter demand.

Property Details

Property Type : Residential Income

Price : $2,195,000

AD Id : 71012622

MLS Id : OC25276298

Lot Size : 7,405.20 Sqft

Living Area Size : 5,150

Year Built : 1962

Garage : 6

County : Orange

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Property Appliances: Dryer,Washer

Building Information

Year Built: 1962 Building Area Total: 5,150
Pool Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.17
Lot Size Source: Assessor Lot Size Square Feet: 7405.2

Listing Price Information

Original List Price: 2,195,000 Listing Contract Date: 2025-12-15
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 03315408

Other Property Info

Source Listing Status: Active Source Neighborhood: 83 - Fullerton Directions: Cross Streets of East Santa Fe Avenue & East Walnut Avenue Source Property Type: Residential Income Area: 83 - Fullerton Property SubType: Apartment
Building and Construction

Property Age: 64 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: First level Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2944 Pembroke Court, Fullerton, CA, 92831	$735,000	3	3	1,404	1,404 SqFt
2900 Madison Avenue #C21, Fullerton, CA, 92831	$425,000	1	1	560	560 SqFt
2900 Madison #D17, Fullerton, CA, 92831	$438,000	1	1	756	756 SqFt
400 N Acacia Avenue #B12, Fullerton, CA, 92831	$380,000	1	1	677	677 SqFt
400 N Acacia Avenue #B10, Fullerton, CA, 92831	$395,000	1	1	677	677 SqFt
111 N Stanford Avenue, Fullerton, CA, 92831	$6,090,000	--	--	11,013	11,013 SqFt
1360 G Shadow Lane #G, Fullerton, CA, 92831	$575,000	2	2	1,170	1,170 SqFt
1307 Shadow Lane #D, Fullerton, CA, 92831	$600,000	2	2	1,044	1,044 SqFt

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705 E Santa Fe Avenue,
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5,150

Sqft

7,405.20

Sqft(Lot)

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ByOwner last updated this listing 06/06/2026 @ 01:30

MLS: OC25276298 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS