$570,000
●
Condo -
Off Market
1307 Shadow Lane #E
Fullerton, CA 92831
2 Beds
2 Baths
1,045 Ft²
$3,175
Est. Monthly
$400
HOA / Fees
5.89%
Cap Rate
About This Property
Discover this charming 2-bedroom, 2-bathroom condo in Fullerton,
perfectly situated next to Hillcrest Park and the Lions Field
stairs. With ground-level entry but located on the second floor,
this home offers both accessibility and elevated views. The bright
living area features a large picture window with views of the Lions
Field stairs, perfect for watching Disneyland fireworks on
holidays. The master bedroom boasts French doors leading to a
private porch. The vintage-inspired kitchen adds character to the
space. This exclusive development comprises only 12 units, ensuring
a close-knit community feel. Residents can enjoy a rooftop area
ideal for parties and gatherings with panoramic views. Additional
features include a single-car garage and a prime location within
walking distance to Fullerton High School and close to downtown
Fullerton. Don't miss this rare opportunity in a highly desirable
location!
Unit Size
1,045 Ft²
Days on Market
32 days
Land Size
-
Price per sqft
$541
Property Type
Condo
Property Taxes
-
HOA Dues
$400
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #SW24153708)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Jul 20, 2024 | Listed by Signature Real Estate Group | $565,000 | |
| Listed by Signature Real Estate Group | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Bedrooms on Main Level: 2
Full Bathrooms: 2
Bathrooms on Main Level: 2
Levels: One
Appliances: Gas Range
Living Area Square Feet Source: Assessor
Laundry Features: Washer Hookup, Gas Dryer Hookup
Has Fireplace
Gas
Exterior Details
Year Built: 1981
Parcel Number: 93949005
Home Type: Residential
Structure Type: MultiFamily
Pool Features: None
Lot Size Source: Assessor
Elevation Units: Feet
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Pets Allowed
Association Fee: $400
Association Fee Frequency: Monthly
Community Features: Suburban
Subdivision:, Raymond Hills
High School District: Fullerton Joint Union High
Subdivision Name:, Raymond Hills
Directions: N Lemon St
Other Details
Listing Terms: Cash, Conventional, Item1031Exchange, Submit
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/14/2024
|
2 Bed
|
2 Bath
|
1133 ft²
|
$600,000
2 Bed
2 Bath
1133 ft²
|
$620,000
+3.33%
03/11/2025
|
Johnny Phuong
Realty One Group West
| |
|
07/20/2024
|
2 Bed
|
2 Bath
|
1045 ft²
|
$565,000
2 Bed
2 Bath
1045 ft²
|
$570,000
+0.88%
08/27/2024
|
Lisa Butterwegge
Keller Williams Realty
| |
|
05/20/2021
|
2 Bed
|
3 Bath
|
1242 ft²
|
$549,999
2 Bed
3 Bath
1242 ft²
|
-
-
|
Pablo Salcedo
HomeSmart, Evergreen Realty
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
1133 ft²
|
$535,000
2 Bed
2 Bath
1133 ft²
|
-
-
|
-
| |
|
02/01/2021
|
2 Bed
|
3 Bath
|
1242 ft²
|
$499,000
2 Bed
3 Bath
1242 ft²
|
-
-
|
-
|
Building Info
About Fullerton
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Listed by: Ella Butterwegge, Signature Real Estate Group
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24153708
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24153708
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