705 E Santa Fe AVE, Fullerton, CA 92831
705 E Santa Fe AVE, Fullerton, CA 92831
705 E Santa Fe AVE, Fullerton, CA 92831
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Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$2,145,000
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25276298

Year Built 1962

Source California Regional MLS

Property 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 5.72% 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 app

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Laundry Washer, Dryer

Exterior

Garage Spaces 6.0

Pool None

Building

Lot Description Grade - Level

Water District - Public

Others

Tax ID 03315408

Special Listing Condition Not Applicable


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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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705 E Santa Fe AVE