2024 E Wilshire Ave - Apartments FOR SALE


Fullerton, CA 92831
$1,850,000 USD
949-629-7640
2024 E Wilshire Ave, Fullerton, CA for Sale
$1,850,000 USD
Apartments - FOR SALE
1/11
null | 4.34% Cap Rate

2024 E Wilshire Ave
Fullerton, CA 92831


HIGHLIGHTS

  • All 2-Bedroom and 3-Bedroom Units
  • New Electrical Panels
  • SB721 Compliant
  • Garage Parking (1.5:1 Parking Ratio)
  • First Time on the Market in Over 55 Years
  • ADU Potential

OVERVIEW

Morgan Skenderian, Inc., as the exclusive listing agent, presents the opportunity to acquire 2024 E. Wilshire Avenue in Fullerton, California. Built in 1963, and situated on over 8,500 square feet of land, this pride of ownership property features a desirable unit mix consisting of (2) two bedroom/two bathroom units and (2) three bedroom/two bathroom units. Some of the property amenities include an onsite laundry facility, private patios, fireplaces, central heat & A/C and (3) double-car garages for a 1.5 to 1 parking ratio. This property has been professionally managed and meticulously maintained for years, and, just recently, current ownership installed all new electrical sub panels for all 4 units and each laundry room, and replaced the main electrical panel. Further, the property has been inspected by a licensed contractor and are SB721 compliant. All the units are individually metered for electricity and gas. This property can be purchased with 2030 E. Wilshire Avenue.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

4

PRICE/UNIT

$462,500

CAP RATE

4.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,657 SF

ZONING

-

APN/PARCEL ID

269-094-03

ASK ABOUT THIS PROPERTY

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

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

Paul EspinosaMorgan-Skenderian Investment Real Estate GroupMore Info
949-629-7640

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