3100-3139 Quartz Ln, Fullerton, CA 92831
43 Unit Apartment Building | $17,990,000 ($418,372/Unit) | 4.39% Cap Rate | Fullerton, CA 92831
For Sale
Active
Asking Price $17,990,000
- Property Type
-
Multifamily
- Square Feet
- 46,368 SF
Listing Contacts
Tyler Leeson
Matthew Kipp
Property Overview
The Leeson Group of Marcus & Millichap, as the exclusive listing agent, is pleased to present The Quartz Portfolio, a 43-unit multifamily investment opportunity located in Fullerton, CA.
Situated on seven neighboring parcels, the portfolio offers a highly-desirable mix of spacious two and three-bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on-site laundry facility, private patios (select units), and ample garage parking.
The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohl’s, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California.
In summary, The Quartz Portfolio’s fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well-located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Situated on seven neighboring parcels, the portfolio offers a highly-desirable mix of spacious two and three-bedroom floor plans. Each property in the portfolio features attractive amenities including a remodeled on-site laundry facility, private patios (select units), and ample garage parking.
The Quartz Portfolio benefits from its excellent East Fullerton location within 0.50 miles of California State University, Fullerton (CSUF), a major employment and housing driver for the area. Residents enjoy convenient access to nearby shopping centers that feature popular retailers including Target, Albertsons, Ralphs, Kohl’s, and more. Additionally, The Quartz Portfolio is just 1.25 miles north of the planned Placentia Metrolink Station, expected to open in the summer of 2025, which will offer service between Downtown Los Angeles and Riverside. Furthermore, the portfolio benefits from its close proximity to State Routes 57 and 91, connecting residents to employment hubs throughout Southern California.
In summary, The Quartz Portfolio’s fantastic location offers residents a wide variety of recreation, employment, transportation, and retail amenities, which together will help to attract a diverse renter pool. This overall demand for well-located and maintained apartment buildings will be a key driver in the continued growth and success for The Quartz Portfolio.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*
Property Details
- Class
- C
- Year Built
- 1964
- Stories
- 2
- Lot Size (sq. ft)
- 86,684 SF
- Units
- 43
Highlights
- Attractive Mix of Spacious Two & Three-Bedroom Floor Plans
- Features 10 Buildings Situated on 7 Neighboring Parcels
- Ten Remodeled On-Site Laundry Facilities | Multiple Common Area Courtyards | Private Patios (Select Units)
- Ample Parking: 60 Garage Spaces & an Abundance of Street Parking
- Easy Access to Everyday Needs Along Yorba Linda Boulevard at Crossroads Shopping Center & Placentia Town Center
- Within 0.50 Miles from California State University, Fullerton (CSUF), a Major Local Employer & Housing Driver for the Area
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