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$1,325,000
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Property Description
We are excited to present 131 N. Montague Drive, a prime 3-unit investment opportunity in Fullerton's premier rental market. Ideally situated just over a mile from Cal State Fullerton, Downtown Fullerton, the Fullerton Train Station, and Fullerton College, this property benefits from strong rental demand.
The Montague Drive Apartments feature highly desirable and rarely available single-story construction, with each unit offering a private yard, garage parking, and washer/dryer hookups. Exceptionally maintained over the years, the property boasts restored original hardwood floors, upgraded tile flooring in kitchens and bathrooms, newer windows, and fresh exterior paint-enhancing its curb appeal on a street lined with single-family homes. The building consists of two, 1 bedroom, 1 bath units and one 2 bedroom, 1 bath unit all with long term tenants in place.
Since 2021 this property has received several internal upgrades including all new waste/sewer lines, a new Electrical main panel and 3 breaker boxes, new garage doors a full termite treatment including tenting and more.
Full Property Details
Full Property Details for 131 N Montague Ave
General
- Sold For: $1,325,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25042721
- Added to Site: 325 day(s) ago
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: 83 - Fullerton
- County: Orange
- Development Name: 83 - Fullerton
- Driving Directions: Commonwealth to Montague
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,490
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $532.13
- Price Per Unit: 466633
Listed by First Team Real Estate, Clayton Kilbarger
Sold by Omni Realty & Investments, Bobby Rai
Get Pre-Approved Today
Schools
Schools serving 131 N Montague Ave
| Name | Grades | Distance |
|---|---|---|
Raymond Elementary School 517 North Raymond Avenue, Fullerton, CA 92831 | K-6 | 0.3 mi |
Ladera Vista Junior High School 1700 East Wilshire Avenue, Fullerton, CA 92831 | 7-8 | 0.5 mi |
Troy High School 2200 Dorothy Lane, Fullerton, CA 92831 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 131 N Montague Ave
Date
Details
Price
Change
Source
7/29/2025
Sold
$1,325,000
-5.35%
MLS
4/03/2025
Price Reduced
$1,399,900
-5.92%
MLS
3/01/2025
Listed
$1,488,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
131 N Montague Avenue, Fullerton, CA 92831 (MLS# PW25042721) is a Multi-Family property that was sold at $1,325,000 on July 29, 2025. Want to learn more about 131 N Montague Avenue? Do you have questions about finding other Multi-Family real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.

