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Jenn Smart

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2631 Andover Ave , Fullerton, CA 92831
$1,850,000
Est. Payment: $4,111.11/mo
9 Bed
7 Bath
4302 Sqft
0.17 Acres
Status: active | Days on site: 4
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CLW-X81530 - CLW-C125469
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House Description

We are pleased to offer the opportunity to acquire 2631 Andover Ave, a 4-unit Covington style apartment building located in a highly desirable neighborhood in Fullerton, just half a mile from Cal State Fullerton. Built in 1964, this 4,302 SqFt property on a 7,211 SqFt lot offers strong fundamentals and an attractive unit mix consisting of one (1) three-bed, two-bath unit, two (2) two-bed, one and a half-bath townhome units, and one (1) two-bed, one-bath unit. The parking consists of two (2) double-car and two (2) single-car remote controlled garages. The building itself features a new, a recent deck replacement for Unit 4, upgraded central HVAC in Unit 1, and a fresh paint job that ties into its unique curb appeal. Select units have private patios and also underwent interior upgrades, including modernized kitchens and bathrooms, granite countertops, and luxury vinyl plank and ceramic tile flooring. The property is individually metered for electricity/gas and utilizes a RUBS Program that minimizes operating expenses. 2631 Andover Ave presents a rare opportunity to acquire a well-maintained, turnkey asset with stable in-place income, offering rental upside at approximately 14%. This provides investors with the chance to increase cash flow through interior renovations, rental repositioning, or expansion potential. Surrounded by major business parks, shopping centers, restaurants, and entertainment, with easy access to the 5, 57, 90, and 91 freeways and strong rental demand, this property represents an exceptional investment and long-term appreciation potential in one of Fullerton's most sought-after neighborhoods. This is a great opportunity to own a quality multifamily property in Orange County.

Highlights

Listed by Kamfar Kyle Mirrafati , 949-200-7494 Matthews Real Estate Investment Services , 866-889-0550. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1964

County

Orange

Area

83 - Fullerton

Listing ID

26107367

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:7
Appliances:Dishwasher, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Lot Dimensions:70x103
Garage Capacity:6
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Door-Multi,Door-Single,Garage
Principal Interest
$4,111
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
0%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,111.11 $1,179.38 $0.00 $5,290.49
Yearly $49,333.33 $14,152.50 $0.00 $63,485.83
Total $1,480,000.00 $424,575.00 $0.00 $1,904,575.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Fullerton, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T07:09:40.000Z

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