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111 N Stanford Avenue

Fullerton, CA 92831
  • $6,199,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: PW25249977
UPDATED: 53 min ago
$6,199,000
  • 0
    BEDS
  • 0.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Susan Hirzel of Circa Properties, Inc. (714-203-6814)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169430793
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111 N Stanford Avenue Fullerton, CA 92831

  • Price: $6,199,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 53 min ago
  • ID#: PW25249977
0
Beds
0
Baths
0
½ Baths
0.83
Acres
1973
Built
Neighborhood:
Other
County:
Orange
Area:
83 - Fullerton
Property Description
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.
Exterior Features

Construction Materials Stucco Entry Level 1 Entry Location 1 Fencing BlockWood Lot Features Cul-De-SacLandscapedSprinkler System Number Of Separate Electric Meters 18 Open Parking Spaces 6 Parking Features DrivewayGarageOne Space Parking Total 33 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Flooring LaminateVinyl Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.17 Common Interest Community Apartment Community Features CurbsGutter(s)Storm Drain(s)Street LightsSuburbanSidewalksGated Contingency None Electric Expense 3367 Garage YN Yes Gross Income 354648 Gross Scheduled Income 354648 Insurance Expense 23667 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalSubmit Net Operating Income 258134 New Construction YN No Number Of Separate Gas Meters 18 Number Of Separate Water Meters 2 Number Of Units Leased 18 Operating Expense 117814 Other Expense 5196 Property Sub Type Apartment Rent Control YN Yes Security Features Gated CommunitySmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 51627 Tax Year 2025 Tenant Pays Cable TVElectricityGasOther Trash Expense 1615 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 12246 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Susan Hirzel of Circa Properties, Inc. (714-203-6814)