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$2,200,000
Est. payment /mo
0.25 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26133311
HOA Y/N No
Year Built 1976
Lot Size 10,890 Sqft
Property Sub-Type Apartment
Property Description
First time on the market since 1977, this pride-of-ownership six-unit apartment property has been family-owned and operated since construction. The well-maintained courtyard-style complex features a desirable unit mix of one (1) one-bedroom/one-bath unit and five (5) two-bedroom units. Ownership has consistently invested in the property over the years, completing extensive upgrades including newer windows, sliding glass doors, flooring, and balcony improvements. The property presents in clean condition with no apparent deferred maintenance.
The asset offers ample parking with eight (8) garages, additional open parking spaces, and dedicated storage within each garage. All units are billed through a RUBS utility reimbursement program, providing operational efficiency and expense recovery.
Located in an established Fullerton neighborhood surrounded by a balanced mix of multifamily and single-family residences, the property benefits from limited neighborhood congestion and proximity to ongoing area investment and redevelopment. Stable long-term tenancy provides reliable income, while future upside potential exists through rental adjustments and parking income optimization. Excellent opportunity for investors seeking a well-maintained asset with strong ownership history and value-add potential.
The asset offers ample parking with eight (8) garages, additional open parking spaces, and dedicated storage within each garage. All units are billed through a RUBS utility reimbursement program, providing operational efficiency and expense recovery.
Located in an established Fullerton neighborhood surrounded by a balanced mix of multifamily and single-family residences, the property benefits from limited neighborhood congestion and proximity to ongoing area investment and redevelopment. Stable long-term tenancy provides reliable income, while future upside potential exists through rental adjustments and parking income optimization. Excellent opportunity for investors seeking a well-maintained asset with strong ownership history and value-add potential.
Location
State CA
County Orange
Area 83 - Fullerton
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 03305221
Energy Description 1664.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Timothy Gorman Gorman & Associates 714-932-9673, DRE #01929799
Nearby School & Business
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