2140 Associated Road is a fully occupied 4-unit multifamily property in Fullerton, CA, located less than half a mile from the Cal State Fullerton campus. Set on a 7,405 SF lot, the asset features two 3BR/2BA downstairs units with patios and two 2BR/2BA upstairs units with large open decks. Amenities include on-site laundry, wall AC, and three two-car garages plus two open parking spaces. Built in 1964, the property offers investors a stable, well-located Orange County asset with achievable rental upside.
Home Style:
Ranch
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
7,405 sq. ft.688 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1964
(Age: 62)
General Listing Location:
Fullerton, 83 - Fullerton
County Or Parish:
Orange
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$126,128
Gross Scheduled Income:
$126,128
Net Operating Income:
$85,683
Cap Rate %:
4.52
Rent Control:
No
Association Fee:
$0
Land Lease:
No
Electric Expense:
$600
Fuel Expense:
$350
Gardener expense:
1200.0
Insurance Expense:
$4,534
Maintenance Expense:
$3,670
Taxes expense:
21730.0
Operating Expense:
$36,661
Trash Expense:
$660
Water and Sewer Expense:
$3,347
Vacancy Allowance:
$3,784
Vacancy Allowance Rate:
$3
Taxes:
$20,633 /
2026
Tax Lot:
6
Near the intersection of Bastanchury Road and Associated Road.
Floor
Type
Size
Other
-
Kitchen
Measurements not available
-
Appliances:
Gas Range, Refrigerator, Range Hood, Vented Exhaust Fan, Water Heater
Number of Buildings:
1
# of Electric Meters:
5
# of Gas Meters:
5
# of Water Meters:
1
Community Features:
Curbs, Park, Storm Drain(s), Street Lights, Sidewalks
Senior Community:
No
Laundry Features:
Common Area, Laundry Room
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
21-25 Units/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Rectangular Lot
Fireplace Features:
None
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision Name:
Classic Homes (CLAS)
Levels:
Two
Num Stories:
2
Entry Level:
1
Entry Location:
1
Construction Materials:
Drywall, Frame, Stucco, Wood Siding
New Constr.:
No
Flooring:
Laminate
Roof:
Asphalt, Composition
Common Walls:
2+ Common Walls
# Units:
4
Heating:
Wall Furnace
Fireplace:
No
Cooling:
Wall/Window Unit(s)
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected