136 W Union Avenue

Fullerton, CA 92832 $60,000.00 (-1.2%) Active for $4,940,000

Overview
Map & Location
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Schools & Score
Property History
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Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 20,909 sqft

Property Facts

MLS	PW24173177
Year Built	1957
Property Type	Apartment
County	Orange
Status	Active
Active	$4,940,000
Structure Size	N/A sqft
Lot Size	20,909 sqft
Beds	N/A
Baths	N/A

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 courtesy of: Bobby Aschtiani, Skyline Commercial Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of 11/21/2024 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.