3169 Quartz Lane

Fullerton, CA 92831

$4,160,000

List Price

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1964

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Property Description

The Quartz Lane Apartments is a nine-unit apartment community located in the highly desirable submarket of Fullerton within the Greater Orange County area. The property offers a very attractive unit mix consisting of (1) large two-bedroom/ two-bathroom townhouse and (8) large two-bedroom/ one-bathroom units totaling 9,831 square feet, situated over a large 17,437 square foot lot. The property has undergone recent renovations and upgrades of the interiors and exterior. Some upgrades include but are not limited to new windows, new kitchens, new appliances, recessed lighting, new bathrooms, new fencing / gates, new flooring, and new roofs. Tenant amenities include a large, nicely landscaped courtyard, large patios, enclosed garages, on-site laundry rooms, secured Amazon lockers, and large units featuring walk-in closets and double sink vanities. Fullerton is revered as “The Education Community”, and is home to award-winning public school systems and five universities/colleges, including California State University, Fullerton. The Quartz Lane Apartments offers a rare opportunity for an investor to acquire a well-located, stabilized, turn-key investment property in the desirable rental market of Fullerton, California. The location offers an area known for its strong tenancy, good rent growth, and a historically high occupancy rate.

Listing Information

List Price $4,160,000
Status Active
MLS OC25017017
Type Residential Income
Subtype Apartment
Year Built 1964
Lot Size 17,437
Structure Size N/A
Courtesy Of Marcus & Millichap RE Invest
Listing Agent Greg Bassirpou DRE#01365951

Interior Features

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Maps

Listing information courtesy of: Greg Bassirpou, Marcus & Millichap RE Invest . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 11:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.