For Sale $1,710,000
Property Type Multi-Family
Property Size 4,750 SF
Units 5
Lot Size 0.16 Acre
Additional Rent Contact for pricing
Year Built 1962
Date Updated Aug 15, 2024

N/AThe Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 705 East Santa Fe Avenue, a 5-unit multifamily investment property located in Fullerton, California. Built in 1962, 705 East Santa Fe Avenue offers five, spacious two-bedroom floor plans measuring approximately 950 square feet. Additionally, the property features ample garage parking with a total of six spaces. Current ownership has completed capital improvements including repiping all units with copper plumbing in 2019, replacing the central metal staircase, and partially upgrading multiple units. 705 East Santa Fe Avenue has an attractive Fullerton location, within walking distance of Downtown Fullerton, providing residents with convenient access to a plethora of shopping, dining, and entertainment options. The property benefits from its close proximity, just 0.40 miles, to Fullerton College, a major economic and housing driver for the area. Additionally, residents enjoy easy access to an abundance of everyday needs at Fullerton Town Center, Orangefair Marketplace, and Fullerton Metrocenter, conveniently located within a 1-mile radius of 705 East Santa Fe Avenue. Furthermore, the property is just over 1.50 miles from both California State University, Fullerton (CSUF), and Providence, St. Jude Medical Center, two of the city’s premier employers with 3,000 and 1,000 employees respectively, per the city’s 2023 Annual Comprehensive Financial Report. Given the strength of the overall apartment market within the city of Fullerton, the property offers an investor the ability to capture quality tenants seeking an optimal location with access to a wide variety of activities, retail amenities, employment opportunities, and transportation. This overall demand for well-located apartments will be a key driver in the continued growth at 705 East Santa Fe Avenue.

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Highlights

Exclusively 2 Bedroom / 1 Bath Floor Plans (950 sqft avg.)
First Time on the Market in 35+ Years
On-Site Laundry Room, Private Balconies, & Individual A/C Units
Recent Improvements: Building Repiped in 2019, Recent Replacement of Central Metal Staircase, & Multiple Units Partially Upgraded
6 Garage Parking Spaces
Closely Located to Downtown Fullerton & California State University, Fullerton

Contacts

Christian Tait

The Leeson Group Marcus & Millichap

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Transit Score ®
45/100 Some Transit
Bike Score ®
65/100 Bikeable

Map
Street

City Fullerton, CA
Neighborhood Fullerton
Zip Code 92831
Market Orange County

Points of Interest

Fullerton Metrolink

0.57 miles
Mickey's Toontown Depot

3.79 miles
Fantasyland Station

3.87 miles
Tomorrowland Station

3.94 miles
New Orleans Square Station

4.06 miles
Buena Vista Street Stop

4.23 miles
Hollywood East Stop

4.28 miles
Anaheim Canyon

4.30 miles
Carthay Circle Stop

4.30 miles
Sunset Boulevard Stop

4.33 miles

76

0.34 miles
ChargePoint

0.51 miles
ChargePoint

0.60 miles
Costco Gasoline

0.78 miles
Volta

0.80 miles
Arco

0.94 miles
Ralph's Gas Station

0.97 miles
Shell

1.19 miles
Mobil

1.41 miles
World

1.43 miles

Fullerton College Staff Parkinglot

0.33 miles
College Staff Parking

0.33 miles
Student Parking 7

0.37 miles
Staff Parking 8

0.37 miles
Student & Staff Lot 10

0.38 miles
Staff Parking E

0.39 miles
Staff Parking W

0.40 miles
Staff Parking A

0.40 miles
Staff Parking B-2 East

0.44 miles
15 Minute Parking-Pickup/Dropoff

0.51 miles

The Hotel Fullerton

1.10 miles
Howard Johnson Hotel and Conference Center

1.24 miles
Howard Johnson by Wyndham Fullerton/Anaheim Conference Center

1.26 miles
Studio 6

1.34 miles
Palm Motor Lodge

1.47 miles
SpringHill Suites

1.83 miles
Travelodge by Wyndham Fullerton Near Anaheim

1.88 miles
Marriott

1.89 miles
Quality Inn Placentia Anaheim Fullerton

1.91 miles
City Center Motel

1.95 miles

Nick's Super Burgers

0.32 miles
Christe's Jr Charbroiled Hamburgers

0.37 miles
Papas & Burritos

0.38 miles
Don Carlos

0.38 miles
Subway

0.39 miles
Taco Bell

0.39 miles
Monkey Business Cafe

0.41 miles
Polly's Pies

0.43 miles
Little Caesars

0.49 miles
The Flame Broiler

0.50 miles

Maple Avenue School

0.51 miles
Raymond Elementary School

0.51 miles
Fullerton College

0.52 miles
Fullerton High School

0.70 miles
Orange County Conservation Corps Charter School

0.80 miles
Ladera Vista Junior High School

0.96 miles
IvyCrest Montessori Private School

1.08 miles
Commonwealth Elementary School

1.14 miles
Richman Elementary School

1.14 miles
Acacia Elementary School

1.27 miles

Eastside Pre-school

0.54 miles
Fullerton College Child Development Program

0.69 miles
Star Bright Montessori

1.92 miles
KinderCare

3.16 miles
Happy Hippo Preschool

3.87 miles
Mariposa Elementry School-Kindergarden Building

4.64 miles
KinderCare

4.65 miles
St. Paul's Preschool

4.95 miles
Preschool Rooms

4.95 miles
Childtime Of Orange

5.81 miles

Frequently Asked Questions

How much does 705 East Santa Fe Avenue cost?

The space currently listed for sale at 705 East Santa Fe Avenue asks for $1,710,000.

What is the total square footage of 705 East Santa Fe Avenue?

705 East Santa Fe Avenue totals 4,750 square feet.

When was this property built?

705 East Santa Fe Avenue was built in 1962.

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Contact Listing Broker

Christian Tait

The Leeson Group Marcus & Millichap

705 East Santa Fe Avenue