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151 W. Southgate Ave., Fullerton, CA 92832
$1,758,000
151 W. Southgate Ave., Fullerton, CA 92832View this property at 151 W. Southgate Ave., Fullerton, CA 92832
151 W. Southgate Ave.FullertonCA92832
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Property Description
We are pleased to present the Southgate Apartments, a turnkey 5-unit apartment complex located in Fullerton, CA. The property offers an easy to manage unit mix of all large 1-bedroom 1-bath units. The building has undergone extensive capital improvements in both the interior and exterior in recent years, giving it a modern appeal. Some of these upgrades include stainless-steel appliances, new laminate wood flooring, quartz countertops, new cabinetry, and upgraded bathrooms. Additional features include garage parking, a shared laundry facility and copper plumbing throughout the property. With strong in-place rents generating a current cap rate of 4.3%, 4.8% with market rents, this asset is easy to manage and is conveniently located near Downtown Fullerton, Fullerton College, and Cal State Fullerton.
Full Property Details
Full Property Details for 151 W Southgate Ave
General
- Sold For: $1,758,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23085046
- Added to Site: 366 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 83 - Fullerton
- County: Orange
- Development Name: 83 - Fullerton
- Driving Directions: Contact Agent
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: /
- Square Feet: 3,005
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1358
- Lot Size Source: Public Records
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $585.02
- Price Per Unit: 357600
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Triqor Group, Gary Tolfa
Sold by The Kennedy Group, Michael Ferraiz
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Schools
Schools serving 151 W Southgate Ave
School Districts:Fullerton Elementary School District, Fullerton Joint Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
244 E Valencia Dr, Fullerton, CA 92832 | K-6 | 0.4 mi | |
1100 W Olive Ave, Fullerton, CA 92833 | 7-8 | 1.1 mi | |
201 E Chapman Ave, Fullerton, CA 92832 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 151 W Southgate Ave
Date
Details
Price
Change
Source
11/14/2023
Sold
$1,758,000
-1.68%
MLS
5/23/2023
Listed
$1,788,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
151 W. Southgate Ave., Fullerton, CA 92832 (MLS# PW23085046) is a Multi-Family property that was sold at $1,758,000 on November 14, 2023. Want to learn more about 151 W. Southgate Ave.? Do you have questions about finding other Multi-Family real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.