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.
29 days
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356
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17
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Zillow last checked:
Listing updated:
Listed by:
Timothy GormanDRE #01929799714-932-9673,
Gorman & Associates
Source: CRMLS,MLS#: PW26133311Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 6
Appliances
Laundry: Common Area
Features
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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