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    2334 E Santa Fe Ave Fullerton, CA 92831

    For Sale
    $2,139,000

    Eight-unit multifamily property with value-add potential in Fullerton, CA.

    Lot size:
    0.27 Acres

    Property Features for 2334 E Santa Fe Ave

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1960

    Source: CB Richard Ellis, Inc.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Multifamily Investment Opportunity

    The property at 2334 E. Santa Fe Avenue is an 8-unit multifamily investment opportunity situated on a corner lot in a quiet residential street. The property occupies a 10,408 square foot lot and includes 5,008 square feet of rentable space. The property has been well maintained by the current ownership for the past twenty years. Recent renovations include new exterior paint in 2023 and new windows throughout. The entire property is scheduled to be re-piped in 2025. Select units have been renovated with new laminate flooring, kitchen cabinets and countertops, paint, and tile in the bathrooms. A new buyer has the potential to add significant value to the property by building additional dwelling units (ADUs) on top of the detached garages.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.8897519
    Latitude
    33.8691498

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    FAQs

    What type of property is this?
    Apartment building - Eight-unit multifamily property with value-add potential in Fullerton, CA.
    Where is this apartment building located?
    The property is located at 2334 E Santa Fe Ave Fullerton, CA.
    What is the asking price?
    The asking price for this property is $2,139,000.
    What are key features of this property?
    This property features: - 8-unit multifamily investment opportunity on 10,408 sf of land with 5,008 rentable sf.; - Value-add opportunity with potential to build additional dwelling units (ADUs) on top of detached garages.; - Recent renovations including **new exterior paint (2023), new windows, and select unit upgrades.**
    (949) 423-6111
    Request Owner's contact information
    2334 E Santa Fe Ave Fullerton, CA 92831
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    Fullerton, CA 92831
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2334 E Santa Fe Ave Fullerton, CA 92831
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