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$ 4,940,000
Est. payment /mo
Price Dropped by $60K
136 W Union AVE Fullerton, CA 92832
12,182 SqFt
UPDATED:
11/14/2024 09:05 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,182 sqft
Price per Sqft $405
Subdivision Other (Othr)
MLS Listing ID PW24173177
HOA Y/N No
Year Built 1957
Lot Size 0.480 Acres
Acres 0.48
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
Exterior
Garage Spaces 14.0
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Contact Agents
Listed by Skyline Commercial Real Estate
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