$ 5,000,000
136 W Union AVE Fullerton, CA 92832
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$ 5,000,000
Est. payment | /mo
0.48 Acres Lot
$ 5,000,000
Est. payment | /mo
0.48 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision ,Golden Hills
MLS Listing ID PW24173177
HOA Y/N No
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
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 28108205
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Bobby Aschtiani • Skyline Commercial Real Estate • 949-636-8683