Fullerton, CA 92831,111 N Stanford AVE
Fullerton, CA 92831,111 N Stanford AVE
Fullerton, CA 92831,111 N Stanford AVE
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$6,199,000
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111 N Stanford AVE Fullerton, CA 92831

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25249977

Year Built 1973

Source California Regional MLS

Property Description

Stanford Apartments is an 18-unit apartment community located in a high demand area of Fullerton. This 2 story gated complex features 18 - 1 bed/1 bath apartments each with its own enclosed single car garage as well as 9 additional garages which provide additional revenue. Amenities include two on-site coined laundry rooms, on-site pool, grass areas, driveway parking and an additional parking pad. Recent improvements include new exterior paint, new exterior lighting and new electrical panels. Most of the units have been remodeled with laminate or LVP flooring, new ceiling fans and lights, new stoves, new A/C units, new paint and window coverings. Six of the units offer a private fenced yard and three of the units have a private balcony. This turn-key property has been diligently maintained by the same family since it was custom built in 1973 and offers steady rental income with long-term tenants and low maintenance ownership perfect for investors seeking cash flow and value-add potential in a high demand area. Situated at the end of a quiet cul-de-sac and conveniently located close to Downtown Fullerton, Fullerton College, Fullerton Train Station, Cal State Fullerton and the 91 and 57 freeways.

Location

State CA

County Orange

Area 83 - Fullerton

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Laundry Laundry Area, Washer/Dryer - Leased

Exterior

Parking Features Garage, Other, Parking Area

Garage Spaces 33.0

Pool Pool - In Ground, Pool - Yes

Building

Lot Description Corners Marked

Water District - Public

Others

Tax ID 03317358

Special Listing Condition Not Applicable


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Deven Siggins

Deven Siggins

Agent | License ID: 01989481

+1(831) 508-9596

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111 N Stanford AVE