Home For Sale

Picture of Home For Sale in Fullerton, California, United States

$5,000,000

136 W Union Ave
Fullerton, California, United States

24bd 14ba

Listed By: Realtyww Info

Listed On: 08/24/2024

Listing ID: GL11445588 View More Details

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.

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Listed by: Bobby T Aschtiani