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151 W. Southgate Ave.
Fullerton, CA 92832
Sold
151 W. Southgate Ave.
Fullerton, CA 92832
Sold
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.
PROPERTY INFORMATION
| MLS # | PW23085046 | Lot Size | 5,915 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,788,000
Price Per SqFt: $ 595 |
DOM | 893 Days |
| Address | 151 W. Southgate Ave. | Type | Residential Income |
| City | Fullerton | Sq.Ft. | 3,005 Sq. Ft. |
| Postal Code | 92832 | Garage | 5 |
| County | Orange | Year Built | 1960 |
| Bed / Bath | 3 / 0 | Parking | 5 |
| Built In | 1960 | Status | Closed |
| Sold Date | 2023-11-14 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| EntryLocation | / |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,907
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/14/2023 | Sold | $1,758,000 |
| 10/10/2023 | Pending | $1,788,000 |
| 05/16/2023 | Listed | $1,788,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Gary Tolfa, Triqor Group. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
