$2,195,000
-$50,000705 E Santa Fe Avenue, Fullerton CA 92831
Multi-Family (5 Units)
Property type
172 days
On market
$426
Price per sqft
6 cars
Garage
1962
Year built
7,405 sqft
Lot size
Open Houses
Overview
705 East Santa Fe Avenue, a fully renovated five-unit multifamily property in Fullerton, California. The asset combines a desirable mix of larger floor plans with extensive 2025 upgrades, offering investors a turnkey opportunity in a high-demand North Orange County market. The property offers a 5.57% cap rate on current rents, providing immediate, in-place cash flow. The...
Listing provided by: Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: May 12, 2026 at 07:49pm.
Last checked: Jun 4, 2026 at 07:00am
Source: CRMLS #OC25276298
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 2 | 1 | — | $8,285 | $8,285 | $8,285 | Unfurnished |
| 1 | 3 | 1 | — | $2,995 | $2,995 | $2,995 | Unfurnished |
| 1 | 4 | 1 | — | $3,495 | $3,495 | $3,495 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
12.4x
List Price / Annual Gross Rent
Cap Rate
5.57%
NOI / List Price
Gross Scheduled Income: $177,300
Vacancy Allowance: $5,319
Vacancy Allowance Rate: 3%
Operating Expense: $49,785
Net Operating Income: $122,196
Annual Operating Expenses
Electric: $2,750
Fuel: $2,750
Insurance: $5,000
Maintenance: $4,500
New Taxes: $23,900
Professional Management: $0
Trash: $2,750
Water / Sewer: $2,750
Interior
Appliances: Dryer, Washer
Laundry: Dryer Included, Washer Included
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 03315408
Additional Parcels: No
Tax Lot: 12
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 705 E Santa Fe Avenue, Fullerton, CA 92831. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,756,000
Total Interest
$2,239,681
Total Payment
$3,995,681
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,536
per month
Property History for 705 E Santa Fe Avenue
Fullerton Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92831.
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