3100-3139 Quartz Ln - Apartments FOR SALE


Fullerton, CA 92831
$17,990,000 USD
714-713-9086
3100-3139 Quartz Ln, Fullerton, CA for Sale
$17,990,000 USD
Apartments - FOR SALE
1/14
null | 4.39% Cap Rate

3100-3139 Quartz Ln
Fullerton, CA 92831


HIGHLIGHTS

  • Attractive Mix of Spacious Two & Three-Bedroom Floor Plans
  • Features 10 Buildings Situated on 7 Neighboring Parcels
  • Ten Remodeled On-Site Laundry Facilities | Multiple Common Area Courtyards | Private Patios (Select Units)
  • Ample Parking: 60 Garage Spaces & an Abundance of Street Parking
  • Easy Access to Everyday Needs Along Yorba Linda Boulevard at Crossroads Shopping Center & Placentia Town Center
  • Within 0.50 Miles from California State University, Fullerton (CSUF), a Major Local Employer & Housing Driver for the Area

OVERVIEW

The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present The Quartz Portfolio, a 43-unit multifamily investment opportunity located in Fullerton, CA. Situated on seven neighboring parcels, the portfolio offers a highly-desirable mix of spacious two and three-bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on-site laundry facility, private patios (select units), and ample garage parking. The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohl’s, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California. In summary, The Quartz Portfolio’s fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well-located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$17,990,000 USD

PRICE/SF

$388 USD /SF

# OF UNITS

43

PRICE/UNIT

$418,372

CAP RATE

4.39%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Quartz Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

-

APN/PARCEL ID

339-233-18,339-233-19,339-233-21,339-233-22,339-233-23,339-235-01,339-235-02

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.