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$ 4,940,000
Est. payment /mo
Price Dropped by $60K
136 W Union AVE Fullerton, CA 92832
0.48 Acres Lot
UPDATED:
11/14/2024 09:10 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24173177
Originating Board California Regional MLS
Year Built 1957
Lot Size 0.480 Acres
Property Description
The Sandlewood Apartments is a 14-unit apartment building located in the highly desirable Golden Hills neighborhood of Fullerton, CA. Built in 1957, the property consists of ten 2-bedroom units and four 1-bedroom units. Each unit is spacious and features a gas range top, oven, and wall heating. Some units have been recently upgraded to include faux wood floors. Select units include either a patio or balcony. Community amenities include garage parking, a laundry facility, and well maintained landscaping. The Sandlewood Apartments presents a savvy investor with the opportunity to acquire a well-located, income-producing asset, with a potential 20% upside in rent and a 6% cap rate based on market rents.
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Laundry Community Facility
Exterior
Garage Spaces 14.0
Pool None
Building
Water District - Public
Others
Tax ID 28108205
Special Listing Condition Not Applicable
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Listed by Bobby Aschtiani • Skyline Commercial Real Estate
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