$4,940,000
136 W Union Avenue
Fullerton, CA, 92832
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.
Property Details
Price:
$4,940,000
MLS #:
PW24173177
Status:
Active
Baths:
0
Address:
136 W Union Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
83fullerton
City:
Fullerton
Listed Date:
Aug 21, 2024
State:
CA
ZIP:
92832
Lot Size:
20,909 sqft / 0.48 acres (approx)
Year Built:
1957
Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
14.00
Lot Features
11-15 Units/ Acre
Parking Spots
14.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
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Courtesy of Skyline Commercial Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 136 W Union Avenue
Fullerton, CA
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