136 W Union Ave, Fullerton, CA 92832
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136 W Union Ave Fullerton, CA 92832

$5,000,000
  • 24 Beds
  • 14 Baths
  • 12,182 Sq.Ft.
For Sale
$5,000,000 Get Pre-Qualified

Map preview of 136 W Union Ave, Fullerton, CA 92832

Property Overview: 136 W Union Ave Fullerton, CA has 24 bedrooms, 14 bathrooms, 12,182 living square feet and 20,909 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Bobby Aschtiani | BRE #02048373 | Skyline Commercial Real Estate
Co-listed by David Oronoz | BRE #01838862 | Skyline Commercial Real Estate
Last checked: 3 minutes ago | Last updated: August 23rd, 2024 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
20,909
HOA Dues
$0/mo
Year built
1957
Garage
14 Car
Property Type:
Apartment
Status
Active
MLS#
PW24173177
City
Fullerton
County
Orange
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Electric Meters: 14
  • # of Gas Meters: 14
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 10
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,189
  • Total Rent: $21,890
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,801
  • Total Rent: $7,204
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $366,473
  • Net Operating Income: $235,217
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $120,261
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 136 W Union Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 14
  • # of Parking Spaces: 14
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 28108205
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Golden Hills
  • Directions: Head North on Harbor Blvd., turn left on W Union Ave the property will be on your left. Union Ave is located between Chapman Ave and Berkeley Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 136 W Union Ave

Last sold for $1,273,000 on October 26th, 2005
  • August, 2024

  • Aug 22, 2024

    Date

    Active

    CRMLS: PW24173177

    $5,000,000

    Price

  • October, 2005

  • Oct 26, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,273,000

    Price

  • June, 2001

  • Jun 15, 2001

    Date

    Sold (Public Records)

    Public Records

    $1,050,000

    Price

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Tax History for 136 W Union Ave

Assessed Value (2020): $2,459,596
Year Land Value Improved Value Assessed Value
2020 $2,016,869 $442,727 $2,459,596

Home Value Compared to the Market

This property vs the competition

136 W Union Ave is listed 426.32% higher than the median list price for the city of Fullerton which has a median list price of $950,000. The median price per/sqft for Fullerton is $604 and this home is listed at $410.44 per/sqft which puts the price per square foot 32.05% lower than the median price per square foot for the city of Fullerton.

About 136 W Union Ave

Detailed summary of property

136 W Union Ave is a apartment located in Fullerton, CA 92832 and is currently for sale. This apartment offers 24 bedrooms, 14 bathrooms, roughly 12,182 living square feet, and sits on an approximately 20,909 square foot lot. 136 W Union Ave was first listed on ArdentRealEstateGroup.com on August 22, 2024. The homeowner is currently asking $5,000,000. The median priced home in Fullerton is $950,000 with a median price per square foot of $604. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 426.32% higher than the median priced home. Local competing homes currently for sale include 1826 Pomona Ave, 1108 Termino Ave and 121 Ximeno Ave. While the average home in Fullerton, CA is selling in 53 days, 136 W Union Ave has a days on market of 25 days. There are currently 204 homes for sale in the Fullerton real estate market and 156 of them are single family homes while 36 of them are condos and 12 are townhomes. For more information on this home for sale at 136 W Union Ave Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 136 W Union Ave

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
12,182
Lot Size
22,234
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
7
APN
281-082-05

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$925,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
31
Median Sale to List Price %
103.6%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (0%), VA (20%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.