$24,500,000
MLS #: PW19220903
Multi-Family Home

Description of 1321 S Vine Avenue Avenue, Fullerton, CA 92833

The Vine Fullerton Apartment Homes is a 98 unit investment opportunity in the desirable city of Fullerton. The Vine Fullerton Apartments is a very well maintained property situated on 2.55 acres with meandering sidewalks through beautifully landscaped grounds with an inviting swimming pool, fitness center, and laundry facility. The unit mix consists primarily of efficient one bedroom units, many of which have large patios. The Vine Fullerton Apartments have been recently renovated on the interior as well as the exterior. Interior renovations for a number of units include new flooring, paint, counter tops, appliances, upgraded electrical and plumbing. Exterior renovations include new windows, leasing office, fitness center, laundry room, pool furniture, railing, gates, stairs, signage, upgraded landscape, and a new camera security system. Although there has been a significant amount of work done to the property, there still remains many upgrades that can be done to the exterior as well as the interior of the units. Rebranding the asset with a total renovation upgrade package to the interiors to include new kitchen cabinets, granite counter tops, new appliances, and hard surface flooring along with integrating a full RUBS program to the property will give a new owner significant amount of upside in income while lower operational expenses.

Property Features of 1321 S Vine Avenue Avenue, Fullerton, CA 92833

Year Built
1964
Community
699 - Not Defined
Stories
2
Features
Parking spaces: 185.00
Garage spaces: 85.00
Pool
Lot acreage is: 2.1600
Improvement: sidewalks
Units in building(s): 98
Total square feet: 94090.00
Property style: 2 Story Home
Courtesy of: Morgan Skenderian, Jay Skenderian

Homes for Sale Nearby 1321 S Vine Avenue Avenue, Fullerton, CA 92833

Recent Sales Nearby 1321 S Vine Avenue Avenue, Fullerton, CA 92833



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Office License: 01220368
Agent License: 01220368
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Last Updated: 10/15/2019