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Residential Income Property
New
For Sale
$1,895,000

2140 Associated Road, Fullerton, CA 92831

The property has wall/window air-conditioning units, a wall furnace, and private garage parking on site.

Property Size4,255 SF
Days on Market4

Property Features for 2140 Associated Road

General Information

Standard status Active
Size 4,255 SF
Total Parking Spaces 1
Property subtype Residential Income
Net Operating Income $85,683

Taxes and HOA fees

Annual Taxes $20,633

Amenities

Curbs, Park, Street Lights, Sidewalks
Wall/Window Unit(s)
Wall Furnace
Gas Range, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater
Vinyl, Wood
Concrete, Garage, On Site, Private
Ranch

Building Details

Building Size 4,255 SF
Year Built 1964
Buildings 1
Stories 1
Listed By: Garrett Blair
Source: Evrealestate
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Garrett Blair

Investment Insights

Based on property information with market context.

Built in 1964, this residential income property has vinyl and wood exterior materials and a ranch-style design. Interior features include wall/window air-conditioning units and a wall furnace. The kitchen includes a gas range, refrigerator, range hood, vented exhaust fan, and water heater.

The property is near the intersection of Bastanchury Road and Associated Road in Fullerton. On-site private garage parking is available.

Key Highlights

  • Built in 1964
  • Vinyl and wood exterior
  • Wall/window air‑conditioning units and a wall furnace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,071
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,420 $1.4M
Cap Rate 7%
$1,015,300 $1.0M
Cap Rate 9%
$789,678 $789.7K
Market Conditions
NOI Build-Up for 4,255 SF
Gross rent
$135.3K $31.80/SF
− Vacancy
−$6.1K −$1.43/SF
EGI
$129.2K $30.37/SF
− OpEx
−$58.1K −$13.67/SF
NOI
$71.1K $16.70/SF
Area
Fullerton, CA
Vacancy
4.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,420
Cap Rate 7%
$1,015,300
Cap Rate 9%
$789,678

Alternative Uses

Best Use
Apartment 5plus
$1.02M
$888.4K – $1.18M (±1% cap)
NOI $71,071 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,777 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Spa & Massage Center Dental Office Real Estate Agency Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

584
Businesses Nearby

Demographics for 92831, CA

38,953
Population
13,691
Households
2.8
Avg Household Size
31
Median Age
44%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
6,602
Density / Sq Mi
$89,451
Median Household Income
$41,878
Median Earnings
$2,093
Median Rent
$821,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The property has wall/window air-conditioning units, a wall furnace, and private garage parking on site.
Where is this residential income property located?
The property is located at 2140 Associated Road Fullerton, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Built in 1964; Vinyl and wood exterior; Wall/window air‑conditioning units and a wall furnace
More about this property
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