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2117 Teri Place, Fullerton, CA

$1,535,000 - $1.5M Price - 4,527 Sqft - 6,966 Lot Sq. Ft - 83 DOM

The Teri Place Apartments, walking distance to Cal State Fullerton, provides a large pool of potential student renters looking for convenient, quality housing. This offering represents a rare opportunity for an investor to acquire a 5.50% Cap Rate /10.10% total return for a stable, renovated, “A” location investment property in the solid rental market of Fullerton, California.The city of Fullerton is a dynamic city in Orange County with a vibrant downtown located in Orange County, approximately 25 miles southeast of downtown Los Angeles. The property offers an attractive unit mix consisting of (2) three bedroom/ one & one-half bathroom Townhouse style units and (2) two bedroom/ one-bathroom units totaling 4,527 square feet, situated on a 6,966 square foot lot. The subject property has recently gone through an extensive remodel of the interiors and exterior. Some interior upgrades include but are not limited to new kitchens, new appliances, new flooring, new windows, and new bathrooms. Common area amenities include a shared patio/deck, enclosed garages, and on-site laundry room.

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Essential Information

For 2117 Teri Place, Fullerton, CA
  • MLS® # OC19202193
  • Price $1,535,000
  • Bathrooms 0.00
  • Square Footage 4,527
  • Lot Square Footage 6,966
  • Year Built 1964
  • Type Residential Income
  • Status Active

Community Information

For 2117 Teri Place, Fullerton, CA
  • Address 2117 Teri Place
  • Area Wrigley Area (5)
  • City Fullerton
  • County Orange
  • State CA
  • Zip Code 92831


For 2117 Teri Place, Fullerton, CA
  • Parking Spaces 6
  • # of Garages 6


For 2117 Teri Place, Fullerton, CA
  • # of Stories 2
  • Stories Two


For 2117 Teri Place, Fullerton, CA

Lot Description

For 2117 Teri Place, Fullerton, CA

Front Yard, Near Public Transit

Additional Information

For 2117 Teri Place, Fullerton, CA
  • Date Listed August 23rd, 2019
  • Days on Market 83

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Great investment opportunity with this lovely Fullerton 4-Plex. Located in the Troy High School District, around the block from Cal State Fullerton and within 1 mile of the 57 Freeway, this income producing property won't last. The attached garages provide ample parking for each unit with 2 double garages, 2 single garages and 1 space in front of each garage door, all with Garage Door Openers. The building hosts one 3 bedroom/2 bath, two 2

2117 Teri Place Fullerton MLS® #OC19202193

You are viewing the for at 2117 Teri Place with the MLS® OC19202193 on This at 2117 Teri Place, CA . 92831 is currently for featuring 4527 sq.ft. of living space, a 6966 sq.ft. lot and listed for sale at $1,535,000. This for at 2117 Teri Place with the MLS® # OC19202193 has been listed since 2019-08-23.

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Price Change History for 2117 Teri Place, Fullerton, CA (MLS® #OC19202193)

Date Details Change
Price Reduced from $1,565,000 to $1,535,000 $30,000 (1.92%)
Status Changed from Pending to Active
Status Changed from Active to Pending

Based on information from California Regional Multiple Listing Service, Inc. as of November 17th, 2019 at 7:31pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Property Listed By: Greg Bassirpou(01365951) of Marcus & Millichap RE Invest