$1,995,000
-$155,0002625 Andover Avenue, Fullerton CA 92831
Multi-Family (Fourplex)
Property type
353 days
On market
$464
Price per sqft
6 cars
Garage
1964
Year built
7,210 sqft
Lot size
Open Houses
Overview
the opportunity to acquire 2625 Andover Avenue, a 4-unit multifamily investment property located in the city of Fullerton. Built in 1964, the subject property offers an attractive mix of one (1) Two-Bedroom/1-Bathroom Unit, two (2) Two-Bedroom/1.5-Bathroom Units, and one (1) Three-Bedroom/2-Bathroom Unit. Each unit is separately metered for Gas and Electricity, sprawls over...
Listing provided by: Jason Kirklen DRE #01939655, Kirklen Investment Group
Listing updated: May 7, 2026 at 08:53pm.
Last checked: Jun 5, 2026 at 02:30pm
Source: CRMLS #OC25135958
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,240 | $2,240 | $2,450 | Unfurnished |
| 2 | 2 | 2 | — | $2,368 | $4,735 | $2,600 | Unfurnished |
| 1 | 3 | 2 | — | $3,035 | $3,035 | $3,295 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
16.6x
List Price / Annual Gross Rent
Cap Rate
3.97%
NOI / List Price
Gross Scheduled Income: $120,120
Vacancy Allowance Rate: 3%
Operating Expense: $38,313
Net Operating Income: $79,283
Annual Operating Expenses
Electric: $707
Gardener: $1,200
Fuel: $1,916
Insurance: $4,862
Licenses: $500
Maintenance: $2,804
New Taxes: $22,353
Pest Control: $812
Trash: $1,056
Water / Sewer: $2,102
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage Faces Rear
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 33709105
Additional Parcels: No
Tax Lot: 19
Community
Senior Community: No
Community Features: Curbs, Gutters, Storm Drains, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 2625 Andover Avenue, Fullerton, CA 92831. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,596,000
Total Interest
$2,035,610
Total Payment
$3,631,610
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,316
per month
Property History for 2625 Andover Avenue
Fullerton Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92831.
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