MLS® ID: NP17258396
2100 Teri Place
Fullerton, California, 92831 $1,339,000
Active Under Contract
The Teri Place Apartments is a 4-unit multi-family building located in a highly desirable neighborhood across the street from California State University Fullerton. Comprised of roughly 4,527 rentable square feet, the property has a unit mix of 2 three-bedrooms and 2 two-bedroom units that are spacious and well designed. With the excellent location and floorplans offered, this property is well positioned to take advantage of the strong local rental market. Situated on a corner lot, the north and south sides of the property offer tenants large patios. At the rear of the property, there are six single car assigned garage spaces. Well maintained by the current ownership with several interior and exterior renovations including newer windows throughout.
Bordering the city of Brea, the Teri Place Apartments are located near the cross streets of Yorba Linda Blvd and State College Blvd. The property provides an investor the opportunity to acquire a well located asset near a major University in Orange County that can be operated as student housing or market rate rentals.