136 West Union Avenue

Fullerton, CA 92832

$4,940,000
Price
3
Beds
14
Baths
12,182 Sq. Ft.
$406 / Sq. Ft.
12,182
Sq. Ft.
$406
per Sq. Ft.

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 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.
  1. Listed by Bobby Aschtiani • DRE #02048373 • Brokerage DRE #02014153 • Skyline Commercial Real Estate • 949-636-8683
  2. Listed by David Oronoz • DRE #01838862 • Brokerage DRE #02014153 • Skyline Commercial Real Estate

Property Details for 136 West Union Avenue

Parking Spaces Total
14
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
12182
Assessor Parcel Number
281-082-05
Property Attached YN
true
LISTING UPDATED: 11/14/2024 06:13 AM

Property Details for 136 West Union Avenue

StatusActive
MLS #PW24173177
Days on Market118
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1957
CountyOrange County

Building Information for 136 West Union Avenue

Building/Complex136 W Union AveFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Property Information for 136 West Union Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $366,473
  • Gross Scheduled Income: $366,473
  • Net Operating Income: $235,855
Expense Details
  • Operating Expense: $119,624
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $120,261
Tax / Assessment Info
  • Tax Tract Number: 1766
  • Tax Census Tract: 113.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 14
  • Parking Garage Spaces: 14
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 10
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,189
  • Unit Type Total Rent: $21,890
  • Unit Type Pro Forma: 2650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,801
  • Unit Type Total Rent: $7,204
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 0

Property History for 136 West Union Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 136 West Union Avenue

Taxable ValueLand$2,205,741Additions$507,330Total$2,713,071
Tax Record2024$32,654 ($2,721 / month)
Home Facts
Total Finished SqFt12,182 SqFtAbove Grade Finished SqFt12,182 SqFtStories2Lot Size20,904 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyORANGEAPN281-082-05

Schools near 136 West Union Avenue

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Nicolas Junior High School
Public7 to 8

Fullerton Union High School
Public9 to 12

La Sierra High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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136 West Union Avenue is a multi-family home for sale in Fullerton, CA 92832. This property was listed for sale on August 21, 2024 by Skyline Commercial Real Estate, it's currently listed at $4,940,000. It has been on the market for a total of 118 days and was last sold on June 15, 2001. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Golden Hill School for Creative & Performing Arts, Nicolas Junior High School and Fullerton Union High School. 136 West Union Avenue is a 3-bed, 14-bath, 12,182 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skyline Commercial Real Estate, Bobby Aschtiani, DRE #02048373; Skyline Commercial Real Estate, David Oronoz, DRE #01838862

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.