136 W Union AVE Fullerton, CA 92832
Active
$4,940,000
1%
14 Units
3 Beds
2 Baths
12,182 Area(sq.ft.)
20,909 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 10 | 2 | 1 | No | $ 2,189 | $ 21,890 | $ 2,650 |
| Unit 2 | 4 | 1 | 1 | No | $ 1,801 | $ 7,204 | $ 2,100 |
| 2 | 14 | 24 | 14 | $ 29,094 | $ 247,716 | $ 34,900 |
| MLS #: | PW24173177MR |
| Days On Market: | 84 |
| County: | Orange County |
| Property Type: | Residential Income |
| Price per ft2: | $ 406 |
| Price per unit: | $ 352,857 |
| Year Built: | 1957 |
Property Details
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.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 120,261 |
| Net Operating Income: | $ 235,855 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Total Parking: | 14 |
Interior
| Laundry: | Community |
Exterior
| Pool: | No |
Detailed Map
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Income
