The Sandlewood Apartments is a 14 unit apartment building located in the highly desirable Golden Hills neighborhood of Fullerton, CA. Built in 1957, the property consists of ten 2 bedroom units and four 1 bedroom units. Each unit is spacious and features a gas range top, oven, and wall heating. Some units have been recently upgraded to include faux wood floors. Select units include either a patio or balcony. Community amenities include garage parking, a laundry facility, and well maintained landscaping. The Sandlewood Apartments presents a savvy investor with the opportunity to acquire a well located, income producing asset, with a potential 20% upside in rent and a 6% cap rate based on market rents.