111 N Stanford Avenue, Fullerton, CA 92831

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List Price
$6,090,000
Status
ACTIVE
Days on Market
347
Price Change
▼ $109,000 1778370362
MLS#
PW25249977
Subtype
Residential Income
Year Built
1973
Lot Size
36,154
Acres
0.83
Subdivision
Other
Neighborhood
Other
MLS Area Major
Fullerton (83)

Property Description

Stanford Apartments is an 18-unit apartment community located in a high demand area of Fullerton. This 2 story gated complex features 18 - 1 bed/1 bath apartments each with its own enclosed single car garage as well as 9 additional garages which provide additional revenue. Amenities include two on-site coined laundry rooms, on-site pool, grass areas, driveway parking and an additional parking pad. Recent improvements include new exterior paint, new exterior lighting and new electrical panels. Most of the units have been remodeled with laminate or LVP flooring, new ceiling fans and lights, new stoves, new A/C units, new paint and window coverings. Six of the units offer a private fenced yard and three of the units have a private balcony. This turn-key property has been diligently maintained by the same family since it was custom built in 1973 and offers steady rental income with long-term tenants and low maintenance ownership perfect for investors seeking cash flow and value-add potential in a high demand area. Situated at the end of a quiet cul-de-sac and conveniently located close to Downtown Fullerton, Fullerton College, Fullerton Train Station, Cal State Fullerton and the 91 and 57 freeways.

Additional Information

Taxes
$51,627
Flooring
Laminate, Vinyl
Heating
Wall Furnace
Air Conditioning
Yes
Exterior Construction
Stucco
Stories
Two Levels
Levels
Two
Pool
Yes
Pool Type
In Ground, Private
Parking Features
Driveway, Garage, One Space
Garage Spaces
27

Listing courtesy of Listing Agent: Susan Hirzel (susanmhirzel@gmail.com) from Listing Office: Circa Properties, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.