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111 N Stanford Ave, Fullerton, CA, 92831

18beds
18baths
11,013sqft
$6,090,000
$553price/sqft
$37,289/moest. monthly cost
$1,491,560/yrincome needed

About This Home

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.

Getting Around

80
WalkingVery Walkable
41
TransitSome Transit
69
BikeBikeable

Schools

8/10
8/10

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 18
  • Bathrooms: 18

Features

  • Flooring: Laminate,Vinyl
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 11,013
  • Total interior livable area: 11,013 sqft

Property

Details

  • Parcel number: 03317358
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Private pool: Yes
  • Pool features: In Ground,Private
  • Fencing: Block,Wood

Lot

  • Lot size: 0.83 Acres
  • Features: Cul-De-Sac,Landscaped,Sprinkler System
  • Lot size dimensions: 36155

Parking

  • Total spaces: 33
  • Parking features: Driveway,Garage,One Space
  • Has garage: Yes
  • Attached garage spaces: 27
  • Covered spaces: 27
  • Uncovered spaces: 6