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… Read More 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. Read Less
Property listed by Gorman & Associates, Timothy Gorman 310-259-7556
Listing Snapshot
Days Online
2
Last Updated
Property Type
Apartment
Lot Size
0.25 Acres
Year Built
1976
MLS Number
PW26133311
Additional Details
Building
Built in 1976, 1 building, 2 stories, Entry level: 2, Entry location: Ground
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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