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3024 E Topaz Ln
Fullerton, CA 92831

$1,750,000 USD

Apartments For Sale  •  4,300 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,337 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 5.24 %
  • Zoning R3, Fullerton
32 Transit Score
79 Walk Score

Highlights

Located in Strong Fullerton Rental Market
Offered at a 5.24% Cap Rate & 12.92 GRM on Current Income
Highly Desirable Unit Mix: (1) 3 Bed / 2-Bath, (2) 2-Bed / 2-Bath and (1) 2-Bed / 1-Bath
Garage Parking: (2) 2-Car Garages & (2) 1-Car Garages
Separately Metered for Gas & Electricity
Convenient Access to the 57 and 91 Freeways and Major North Orange County Employment Centers

Financial Summary (Proforma)

Net Operating Income: $91,747 USD (2026)
Cap Rate: 5.24 %
Total Expenses: $43,079 USD

Amenities

  • Laundry Facilities

Public Transportation

Commuter RailDriveWalkDistance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.1 mi
Anaheim Canyon (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.3 mi
AirportDriveWalkDistance
John Wayne/Orange County 22 min - 17.1 mi
Ontario International 34 min - 25.9 mi
Long Beach (Daugherty Field) 33 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: OneCarGarage
Included in Rent: Yes
Nicholas Petrosian 949-607-7096 RE/MAX Commercial & Investment Realty
Nicholas Petrosian 949-607-7096 RE/MAX Commercial & Investment Realty