136 W Union Avenue

Fullerton, CA 92832
$4,940,000
0.48 acres | #PW24173177
Courtesy of Skyline Commercial Real Estate

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.

  • Property Details
      • Stories:2
      • Lot description:ElevenToFifteenUnitsAcre
      • Acres:0.48
      • Parking spaces:14
      • Property type:Multi-Family
      • Year built:1957
      • Sewer information:PublicSewer
      • Utility source:Public
      • Subdivision:Golden Hills
      • County:Orange
      • Original List Price:$5, 000, 000
      • MLS #:PW24173177
      • Cost:4940000
      • Property subtype:Apartment
      • MLS #:PW24173177

Location

The Alcantara GroupReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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