539 West Amerige Avenue

Fullerton, CA 92832

$2,950,000
Price
8
Beds
7
Baths
3,434 Sq. Ft.
$859 / Sq. Ft.
3,434
Sq. Ft.
$859
per Sq. Ft.

Description

An exceptional opportunity awaits with this versatile triplex, perfectly suited for multi-generational living or as a prime investment in a high-demand rental area. Thoughtfully designed and upgraded, this property offers modern comforts, separate utility metering, and the flexibility to live in one unit while renting the others or lease all three for a lucrative return. The front house, spanning 1,577 sq ft, features 4 bedrooms and 2.5 baths. Recently remodeled, it boasts upgrades that include a...An exceptional opportunity awaits with this versatile triplex, perfectly suited for multi-generational living or as a prime investment in a high-demand rental area. Thoughtfully designed and upgraded, this property offers modern comforts, separate utility metering, and the flexibility to live in one unit while renting the others or lease all three for a lucrative return. The front house, spanning 1,577 sq ft, features 4 bedrooms and 2.5 baths. Recently remodeled, it boasts upgrades that include a new roof, updated plumbing and electrical systems, and premium finishes throughout. The spacious kitchen is equipped with brand-new Samsung appliances, including a refrigerator, stove, and dishwasher, creating a contemporary and functional living space. The ADU is a newly constructed 941 sq ft unit with 3 bedrooms and 2 baths, a 1-car garage, and a versatile attic space for added storage or creative use. It offers a move-in-ready experience, complete with a full suite of brand-new appliances. This unit, like the others, is separately metered for gas, water, and electricity, minimizing operational costs. The Junior ADU provides 916 sq ft of space, including 2 bedrooms, 2 baths, and a den. Designed for modern living, it features a large attic space and comes fully outfitted with new appliances, including a Samsung refrigerator, stove, and dishwasher. It is also separately metered, ensuring maximum convenience for landlords and tenants alike. This property is centrally located near Downtown Fullerton, providing easy access to shopping, dining, parks, schools, and major freeways. Ideal for first-time buyers, families, or investors, this triplex combines premium upgrades, separate utility metering, ample parking, and an unbeatable location, offering excellent potential in a thriving rental market.
  1. Listed by Steven Bae • DRE #02033375 • Brokerage DRE #01004371 • Masters Realty & Investment
  2. Listed by Lena Byun • DRE #01827068 • New Star Realty & Investment

Property Details for 539 West Amerige Avenue

Parcel Number
03207217
Total Units
3.0
Living Area
3434
Source Living Area
Plans
Area
Fullerton (83)
Vacancy Rate
100
Lot Size Area
7500
Source Lot Size Area
Assessor
LISTING UPDATED: 12/03/2024 12:01 AM

Property Details for 539 West Amerige Avenue

StatusActive
MLS #24-464853
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.17 AC / 7,500 SF
CountyOrange County

Building Information for 539 West Amerige Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 539 West Amerige Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Triplex
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $12,250
  • Net Operating Income: $10,000.00
  • Gross Income: $12,250
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $19.00
  • Total Annual Expense: 33000
  • Tax Expense: $30,000
  • Insurance Expense: $3,000
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Uncovered, Garage - 1 Car
  • Total Parking: 3
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 1
  • Parking Features: Uncovered, Garage - Single Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Refrigerator, Washer, Dishwasher, Range/Oven, Dryer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 11-25-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $4,950.00
  • Unit Actual Rent: $4,950.00
  • Unit Projected Rent: $4,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,800.00
  • Unit Actual Rent: $3,800.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $34,444.00
  • Assessed Improvement Percent: 6.18
  • Assessed Land Value: $523,099.00
  • Assessed Land Percent: 93.82
  • Assessed Total Value: $557,543.00

Property History for 539 West Amerige Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 539 West Amerige Avenue

Taxable ValueLand$533,560Additions$213,228Total$746,788
Tax Record2024$8,357 ($696 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,007 SqFtAbove Grade Finished SqFt1,007 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1922CountyORANGEAPN032-072-17

Schools near 539 West Amerige Avenue

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Nicolas Junior High School
Public7 to 8

Fullerton Union High School
Public9 to 12

La Sierra High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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539 West Amerige Avenue is a multi-family home for sale in Fullerton, CA 92832. This property was listed for sale on November 25, 2024 by Masters Realty & Investment, it's currently listed at $2,950,000. It has been on the market for a total of 8 days and was last sold on August 3, 2018. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Golden Hill School for Creative & Performing Arts, Nicolas Junior High School and Fullerton Union High School. 539 West Amerige Avenue is a 8-bed, 7-bath, 3,434 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Masters Realty & Investment, Steven Bae, DRE #02033375; New Star Realty & Investment, Lena Byun, DRE #01827068

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.