Fourplex with Private
New
For Sale
$1,650,000
318 E Wilshire Ave, Fullerton, CA 92832
Three bedroom layouts and shared laundry provide practical features for residents.
Property Size3,914 SF
Price / SF$421.56
Days on Market6
Property Features for 318 E Wilshire Ave
General Information
Standard status
Active
Size
3,914 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Amenities
central AC
private backyards
onsite laundry room
Building Details
Year Built
1980
Listed By:
Anvil Real Estate
(949) 449-2770
Source:
Anvilreinc
Added: Oct 28
Changed: Oct 29
Last Checked: Nov 1 at 4:47AM
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 Anvil Real Estate
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Investment Insights
Based on property information with market context.
Built in 1980, this Fullerton fourplex contains 3,914 square feet and offers a mix of one-, two-, and three-bedroom units. Each unit has central AC and a private backyard, with an onsite laundry room serving the property.
The property is located at 318 E Wilshire Ave in Fullerton, California.
The property is located at 318 E Wilshire Ave in Fullerton, California.
Key Highlights
- Fourplex with a mix of one-, two-, and three‑bedroom units
- 3,914 square feet
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,816
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,320
$1.4M
Cap Rate 7%
$1,011,657
$1.0M
Cap Rate 9%
$786,844
$786.8K
Market Conditions
NOI Build-Up for 3,914 SF
Gross rent
$105.7K $27.00/SF
− Vacancy
−$4.5K −$1.15/SF
EGI
$101.2K $25.85/SF
− OpEx
−$30.3K −$7.75/SF
NOI
$70.8K $18.09/SF
Area
Fullerton, CA
Vacancy
4.27%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,320
Cap Rate 7%
$1,011,657
Cap Rate 9%
$786,844
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$885.2K – $1.18M
NOI $70,816 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$933.9K
$817.2K – $1.09M
NOI $65,375 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $88,101 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,334
Businesses Nearby
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Business Placement
Demographics for 92832, CA
26,277
Population
9,170
Households
2.9
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
2.9 sq mi
ZIP Area
9,061
Density / Sq Mi
$92,588
Median Household Income
$42,634
Median Earnings
$2,027
Median Rent
$773,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Three bedroom layouts and shared laundry provide practical features for residents.
Where is this quadplex located?
The property is located at 318 E Wilshire Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Fourplex with a mix of one-, two-, and three‑bedroom units; 3,914 square feet; Built in 1980
