Strategically located in one of the strongest rental markets in Orange County and on a corner parcel blocks west of Downtown Fullerton are the Wilshire Highland apartments built in 1953 and offer (4) 1 bedroom and 1 bathroom apartments, (1) studio with 1 bathroom apartments and (1) stand-alone 1 bedroom 1 bathroom building. The Wilshire Highland apartments offer stability due to their proximity, low expenses and seldom vacancies, located within walking distance of Downtown Fullerton, approximately 3 miles from both Cal State Fullerton and 2 miles from St. Jude Hospital. This multi-building investment property provides excellent visibility in a wonderful Downtown Fullerton neighborhood, dedicated parking, strong unit mix and upside to increase rents. Just blocks from all of Downtown Fullerton shops, restaurants, the Fullerton Library, Fullerton Union and Fullerton MetroLink.

Location Description:

Located just west of Downtown Fullerton and the Chapman Avenue / Harbor Boulevard intersection. Near Fullerton College. East of the 57 Freeway, North of the 91 Freeway.

Highlights:

>> 2 Miles from Cal State Fullerton and 3 Miles from St. Jude Hospital

>> Multiple Buildings on Parcel

>> Dedicated Parking for Tenants

>> Low Expenses for Ownership

>> Upside to Increase Rents

>> Strong Rental Market

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Cash; Cash to New Loan

Sales Info:

>> Commision split: 3.0%