Properties

Fullerton, CA 92831 705 E Santa Fe Avenue

705 E Santa Fe Avenue Fullerton, CA - Image 1705 E Santa Fe Avenue Fullerton, CA - Image 2705 E Santa Fe Avenue Fullerton, CA - Image 3
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Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • MLS# OC25276298
  • 12/15/2025
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  • Baths • 1
  • SQFT • 5,150
  • Garage • 6

Home Details

705 East Santa Fe Avenue is 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 community features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one 4-bed/1-bath unitโ€”layouts well-suited for families and long-term renters. The majority of units underwent a comprehensive renovation in 2025, and all units benefit from updated finishes, modern ceiling fans, and numerous contemporary improvements. The property provides six garage spaces, a competitive advantage in this submarket. Furthermore, the property was repiped with copper plumbing in 2019, further reducing near-term capital expenditure risk. Four units received full renovations in 2025, with upgrades including new vinyl flooring throughout, tile bathroom flooring, quartz countertops, shaker-style cabinets, all-in-one washer/dryers, stainless steel appliances, tile backsplashes, modern lighting and fixtures, and refinished bathrooms with new vanities. The renovated four-bedroom unit features new vinyl flooring, shaker-style cabinets, stainless steel appliances, and a granite countertop, along with a private laundry room created from the former community laundry area. Most windows throughout the property have been upgraded to dual-pane. 705 East Santa Fe Avenue is centrally located within one mile of several major Fullerton demand drivers, including Downtown Fullerton, the Fullerton Transportation Center, Fullerton Union High School, and Fullerton College. Residents also enjoy proximity to three major shopping centers at Harbor Boulevard and Orangethorpe Avenue (Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center). California State University, Fullerton lies just over 1.5 miles away, enhancing long-term renter demand.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 705 E Santa Fe Avenue

Other Interior Features

Common WallsNo Common Walls
Total Stories2

Other Rooms

Entry Level1

General for 705 E Santa Fe Avenue

Additional Parcels Y/NNo
AppliancesDryer, Washer
Building Area UnitsSquare Feet
Cap Rate5.42
CityFullerton
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountyOrange
DirectionsCross Streets of East Santa Fe Avenue & East Walnut Avenue
Electric Expense2750
Entry LocationFirst level
Fuel Expense2750
Garage Spaces6
Garage Y/NYes
Gross Income177300
HOANo
HOA Fee$
Insurance Expense5000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet7405.2
Lot Size UnitsAcres
MLS Area83 - Fullerton
MaintenanceExpense4500
Net Operating Income121107
New ConstructionNo
Number Of Units Total5
Operating Expense50329
Pool FeaturesNone
PostalCityFULLERTON
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOther
Tax Lot12
Taxes$24,444
Trash Expense2750
Water Sewer Expense2750
Year Built1962
Year Built SourceAssessor

Exterior for 705 E Santa Fe Avenue

Building Area Total5150
Lot FeaturesStreet Level
Lot Size Acres0.17
Lot Size Area0.17
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,245,000
MLS#OC25276298
List Date 12/15/2025
Property Type Multi-Family
Phone 888.795.6274
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