151 West Southgate Avenue
151 West Southgate Avenue
$1,758,000
5
5
3,005
3,005
$585
Closed 11/14/23
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...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.
- Listed by Gary Tolfa • DRE #00955403 • Brokerage DRE #01921625 • Triqor Group • gary@triqorgroup.com
Property Details for 151 West Southgate Avenue
Parking Spaces Total
5
Private PoolNo
Total Units5.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area3005
Assessor Parcel Number032-282-21
Property Attached YNtrue
Location
LISTING UPDATED: 11/14/2023 04:25 AM
Property Details for 151 West Southgate Avenue
Status | Closed |
---|---|
MLS # | PW23085046 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1960 |
County | Orange County |
Location
Building Information for 151 West Southgate Avenue
Building/Complex151 W Southgate AveFloor-Stories2Residences-Pet Policy-Year Built1960Building Size-
Payment Calculator
$10,579 per month
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Property Information for 151 West Southgate Avenue
Property History for 151 West Southgate Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 151 West Southgate Avenue
Taxable ValueLand$1,400,000Additions$200,000Total$1,600,000
Tax Record2023$11,817 ($985 / month)
Home Facts
Total Finished SqFt3,005 SqFtAbove Grade Finished SqFt3,005 SqFtStories2Lot Size5,918 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyORANGEAPN032-282-21
Schools near 151 West Southgate Avenue
This home is within Fullerton Joint Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Maple Elementary School PublicK to 6 | ||
Nicolas Junior High School Public7 to 8 | ||
Fullerton Union High School Public9 to 12 | ||
La Vista High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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