1000 E Commonwealth Ave - Apartments FOR SALE


Fullerton, CA 92831
$1,695,000 USD
714-225-5902
1000 E Commonwealth Ave, Fullerton, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/35
null | 5.4% Cap Rate

1000 E Commonwealth Ave
Fullerton, CA 92831


HIGHLIGHTS

  • Great Location, Close to CSUF, Close to Fullerton College, Convenient shopping near by

OVERVIEW

Welcome to 1000 E. Commonwealth. Newly on the market, this 3-unit complex is nestled in a great neighborhood, approximately 2 miles from CSUF and less than a mile from Fullerton Junior College. Entertainment and restaurant venues are just minutes away in Historic downtown Fullerton. The main house features a cute porch and Spanish style touches in the interior. Unit 1002, (built in 2017) features 2 bedrooms, 1 Bath, a 2nd floor balcony and a large 3rd floor rooftop deck. Unit 1002A, is a large 2 bedroom, 1 bath, 860 Sq ft dwelling that was built in 2022. Both of the recent builds feature quartz countertops and hard wood cabinets within an open floor concept. These homes are built for convenience, offering indoor laundry hook ups and off street parking. This is a wonderful opportunity for the investor who wants a nice addition to the portfolio, or the residential buyer who wants supplemental income.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$665 USD /SF

# OF UNITS

3

PRICE/UNIT

$565,000

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1000 E Commonwealth Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,780 SF

ZONING

R-2

APN/PARCEL ID

033-181-03

ASK ABOUT THIS PROPERTY

Doug BrandonTNG REAL ESTATE CONSULTANTSMore Info
714-225-5902

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Doug BrandonTNG REAL ESTATE CONSULTANTSMore Info
714-225-5902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.