136 W Union Avenue
Fullerton, CA, 92832
$4,940,000
Beds
0 Baths
SqFt
0.48 Acres
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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

Price:
$4,940,000
MLS #:
PW24173177
Status:
Active
Baths:
0
Address:
136 W Union Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
83fullerton
City:
Fullerton
Listed Date:
Aug 21, 2024
State:
CA
ZIP:
92832
Lot Size:
20,909 sqft / 0.48 acres (approx)
Year Built:
1957
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Exterior

Community Features
Sidewalks
Garage Spaces
14.00
Lot Features
11-15 Units/ Acre
Parking Spots
14.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

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136 W Union Avenue
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