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.
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The average household income in
Fullerton, CA
grew
from
$67,110
to
$71,660
in the past year. This data is an estimate based upon
45,476
households in
Fullerton, CA. The chart below presents how household income is distributed in
Fullerton, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Fullerton, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Fullerton, CA
equals
$3k+
, which is
more
than the national average.