136 W Union Avenue
Fullerton, CA 92832
0.48 acres | #PW24173177
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.
Property Details
- Lot DescriptionElevenToFifteenUnitsAcre
- Property TypeMulti-Family
- SubdivisionGolden Hills
- Sewer InformationPublicSewer
- Original List Price$5,000,000
- MLS #PW24173177
- MLS #PW24173177
- Property SubtypeApartment
- Cost4940000
- Utility SourcePublic
- CountyOrange
- Acres0.48
- Year Built1957
- Parking Spaces14
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Bobby Aschtiani (#PWASCBOB)
Listing Office: Skyline Commercial Real Estate (#PB21073)
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