136 W Union Avenue

Fullerton, CA 92832

$5,000,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

1957

calendar_month Built

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.

Listing Information

List Price $5,000,000
Status Active
MLS PW24173177
Type Residential Income
Subtype Apartment
Year Built 1957
Lot Size 20,909
Structure Size N/A
Courtesy Of Skyline Commercial Real Estate
Listing Agent Bobby Aschtiani DRE#02048373
Co-Listing Agent David Oronoz DRE#01838862

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Bobby Aschtiani, David Oronoz, Skyline Commercial Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.