Triplex with Three
For Sale
$1,499,000
Pending
735 Barris, Fullerton, CA 92832
Includes a shared laundry room, rear yard, and multiple parking areas serving the residential configuration.
Property Size2,350 SF
Days on Market215
Property Features for 735 Barris
General Information
Standard status
Pending
Size
2,350 SF
Property subtype
Triplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
5
Amenities
community laundry room
back yard
Building Details
Building Size
2,350 SF
Year Built
1951
Listing Agency:
Reel Properties 562-715-3905 Overview Additional information MLS R ID PW26057459 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.21 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Susan Boyle CA DRE# 01056722 with Reel Properties 562-715-3905
Listed By:
Susan Boyle CA DRE# 01056722 · License #01056722
(552) 715-3905
Source:
Archetyperealty
Added: Mar 16
Changed: Oct 12
Last Checked: Oct 15 at 6:24AM
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 Reel Properties 562-715-3905 Overview Additional information MLS R ID PW26057459 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.21 Acres Other property details Garage Yes 55+/Senior Community No Archetype Realty Request a tour Contact agent Request a tour Contact agent Listed by Susan Boyle CA DRE# 01056722 with Reel Properties 562-715-3905
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Investment Insights
Based on property information with market context.
This Fullerton multifamily property contains three legally established units plus two additional unpermitted units. The improvements include three separate garages, three parking spaces, one tandem parking area, and a community laundry room. A rear yard is accessible from all three units, with room described for potential private patios. One unit has been recently upgraded, while the roof, stucco, wood siding, and front landscaping are in good condition; some windows have also been replaced.
The property sits on a lot exceeding 9,100 square feet in Fullerton’s Golden Hills area. Downtown Fullerton, Cal State Fullerton, commuter rail service, and nearby freeways are all described as close by. The garages may also offer room for up to two ADU units, subject to applicable approvals.
The property sits on a lot exceeding 9,100 square feet in Fullerton’s Golden Hills area. Downtown Fullerton, Cal State Fullerton, commuter rail service, and nearby freeways are all described as close by. The garages may also offer room for up to two ADU units, subject to applicable approvals.
Key Highlights
- Three legally established units plus two unpermitted units
- Lot exceeds 9,100 square feet
- Three separate garages, 3 parking spaces, and 1 tandem parking area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,518
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,360
$850.4K
Cap Rate 7%
$607,400
$607.4K
Cap Rate 9%
$472,422
$472.4K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$63.5K $27.00/SF
− Vacancy
−$2.7K −$1.15/SF
EGI
$60.7K $25.85/SF
− OpEx
−$18.2K −$7.75/SF
NOI
$42.5K $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%
$850,360
Cap Rate 7%
$607,400
Cap Rate 9%
$472,422
Alternative Uses
Best Use
Multifamily LT 5
$607.4K
$531.5K – $708.6K
NOI $42,518 @ 7.0% cap · market cap 2.84%
Second Best
Apartment 5plus
$560.7K
$490.7K – $654.2K
NOI $39,252 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$755.7K
$661.2K – $881.6K
NOI $52,897 @ 7.0% cap · market cap 3.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Includes a shared laundry room, rear yard, and multiple parking areas serving the residential configuration.
Where is this triplex located?
The property is located at 735 Barris Fullerton, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Three legally established units plus two unpermitted units; Lot exceeds 9,100 square feet; Three separate garages, 3 parking spaces, and 1 tandem parking area
