Built in 1990, the Houston Apartments provides an investor with an opportunity to acquire an all 2 bedroom / 2 bath property in an area where neighboring homes are valued in excess of $1 million. The property, which has been recently painted and re-landscaped, is located at the end of a quiet cul de sac and just a short walk to Orangethorpe Elementary School.
The property offers ample parking (2 spaces per unit) and a desirable host of features including central air conditioning and heating, fireplaces, gas ranges, dishwashers, large private balconies or patios in all but one unit, a laundry facility and a spacious park-like rear yard.
The property has convenient access to both the 91 Freeway and Interstate 5. In addition to nearby neighborhood shopping and restaurants at the intersection of Brookhurst Street and Orangethorpe, residents are just 3 miles from the dominant retail/restaurant/entertainment hub in the city of Fullerton, home to Fullerton Metrocenter, Fullerton Town Center and Orangefair Marketplace. Businesses include Costco, Burlington, Marshalls, Best Buy, Target, Sprouts Market, Michael’s, Dollar Tree, AMC Theaters and numerous nationally branded restaurants.
Future gentrification in the neighborhood of the the Houston Apartments is indicated in the city’s General Plan. A short distance to the north of the property is Focus Area C of the Fullerton General Plan. This Focus Area is closely tied to the Fullerton Vision which lays out what the city hopes to promote through the implementation of its General Plan.
