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Multifamily

1755 W Malvern Ave

1755 W Malvern Ave, Fullerton, CA 92833

Listing Price: $3,150,000

Cap Rate
3.52%
Number of Units
7
Price/Unit
$450,000
Price/Gross SF
$520.15
Gross SF
6,056

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1755 West Malvern Avenue, a 7-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. Situated on a 0.20-acre lot, the property offers an attractive unit mix consisting of one, two, and three-bedroom floor plans. Amenities include a spacious courtyard, gated access, on-site laundry, security or screen doors, vinyl flooring, quartz countertops, private patios, and garage parking. 1755 West Malvern Avenue is located within walking distance of Amerige Heights Town Center, a neighborhood community center that provides residents with convenient access to everyday needs. Additionally, the property is just over 0.50 miles from Downtown Fullerton, placing residents moments away from a wide variety of shopping, dining, and entertainment options. The property is within a 2.50-mile radius of Providence St. Jude Medical Center and Fullerton College, the 2nd and 4th principal employers per the city’s 2021 Annual Comprehensive Financial Report. 1755 West Malvern Avenue also benefits from its close proximity to the State Route 91 and Interstate 5 interchange, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties. 1755 West Malvern Avenue offers an investor the ability to capture tenants seeking a superb Fullerton location with convenient access to a wide variety of higher education centers, retail amenities, dining experiences, and entertainment venues. The overall need for a well-located apartment building will help to generate rental demand for the property and will be a major driver in creating strong returns and future value appreciation at 1755 West Malvern Avenue.

Investment Highlights

  • A 7-Unit Multifamily Investment Opportunity Located in Fullerton, CA
  • Excellent Mix of One, Two, & Three-Bedroom Floor Plans
  • Units Feature Security or Screen Doors, Vinyl Flooring, & Quartz Countertops
  • Easy Access to Schools & Parks
  • Garage Parking, Spacious Courtyard, & Patios or Balconies
  • Less Than a Mile From Downtown Fullerton & Amerige Heights Town Center

Exclusively Listed By

Financing By

Multifamily

1755 W Malvern Ave

Listing Price: $3,150,000

Cap Rate
3.52%
Number of Units
7
Price/Unit
$450,000
Price/Gross SF
$520.15
Gross SF
6,056

Investment Highlights

  • A 7-Unit Multifamily Investment Opportunity Located in Fullerton, CA
  • Excellent Mix of One, Two, & Three-Bedroom Floor Plans
  • Units Feature Security or Screen Doors, Vinyl Flooring, & Quartz Countertops
  • Easy Access to Schools & Parks
  • Garage Parking, Spacious Courtyard, & Patios or Balconies
  • Less Than a Mile From Downtown Fullerton & Amerige Heights Town Center

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1755 West Malvern Avenue, a 7-unit multifamily investment property located in Fullerton, one of the premier rental markets in Orange County. Situated on a 0.20-acre lot, the property offers an attractive unit mix consisting of one, two, and three-bedroom floor plans. Amenities include a spacious courtyard, gated access, on-site laundry, security or screen doors, vinyl flooring, quartz countertops, private patios, and garage parking. 1755 West Malvern Avenue is located within walking distance of Amerige Heights Town Center, a neighborhood community center that provides residents with convenient access to everyday needs. Additionally, the property is just over 0.50 miles from Downtown Fullerton, placing residents moments away from a wide variety of shopping, dining, and entertainment options. The property is within a 2.50-mile radius of Providence St. Jude Medical Center and Fullerton College, the 2nd and 4th principal employers per the city’s 2021 Annual Comprehensive Financial Report. 1755 West Malvern Avenue also benefits from its close proximity to the State Route 91 and Interstate 5 interchange, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties. 1755 West Malvern Avenue offers an investor the ability to capture tenants seeking a superb Fullerton location with convenient access to a wide variety of higher education centers, retail amenities, dining experiences, and entertainment venues. The overall need for a well-located apartment building will help to generate rental demand for the property and will be a major driver in creating strong returns and future value appreciation at 1755 West Malvern Avenue.

Exclusively Listed By

Financing By

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