Fullerton Multifamily Properties for Sale

Cal State Fullerton and Fullerton College Drive One of OC's Strongest Rental Markets

The University Effect: Why Fullerton Is One of OC's Top Multifamily Markets

Fullerton residential income property for sale

Residential income property in the Fullerton market

As local brokers, we consistently recommend Fullerton to investors seeking the best combination of rental demand, inventory availability, and value-add opportunity in Orange County. Cal State Fullerton enrolls over 40,000 students and Fullerton College adds another 20,000, creating structural off-campus housing demand that keeps occupancy rates high. The 57 freeway corridor also draws a professional commuter renter base independent of the student population.

The Fullerton downtown arts and entertainment district has become a significant quality-of-life amenity that commands premium rents from young professionals who want walkability. Older multifamily stock throughout the city offers genuine ADU potential and value-add upside that is not always priced in. For investors executing a 1031 Exchange into a high-demand OC market or using FHA financing to house hack near a major university, Fullerton is one of the strongest arguments in the county.

Want to discuss cap rates, zoning or off market opportunities in Fullerton? Call or text us: 949-430-7500

Multifamily Inventory in Fullerton

Multifamily inventory in Fullerton is deeper than in most Orange County cities, and the listings below update directly from the MLS. Even so, the best properties often sell quickly or privately, so tell us what you want and we will watch for it.

How We Help Fullerton Investors, Owners and First Time Buyers

Buying

We search duplexes, triplexes, fourplexes and apartment buildings for you, including properties that sell privately before they reach the MLS. We verify rents and expenses and run the cap rate before you write an offer.

See Off Market Properties »

Selling

Income properties are priced on rents, expenses and net operating income. We build your price from your numbers and recent sales. Skip the automated estimate and get a human verified valuation.

Get a Valuation and Cap Rate Analysis »

1031 Exchanges

Selling an investment property or buying with exchange funds? Federal rules give you 45 days to identify replacement properties and 180 days to close, so we line up targets early. Work with a qualified intermediary and your tax advisor.

Plan Your Exchange »

Live in One Unit

Buy a duplex, triplex or fourplex, live in one unit and rent the others. Owner occupied financing can mean a lower down payment, and lenders may count part of the rent toward qualifying. We connect you with a lender and show your payment after rent.

Run Your Numbers With Us »

Larger buildings too. We also work with apartment buildings of 5 or more units, even 120 unit properties. They are labeled commercial instead of residential and use commercial financing, but we evaluate, price and market them the same way.

Fullerton Multifamily Resources

What Is Your Fullerton Multifamily Property Worth?

Multifamily is often sold before it reaches the MLS, and values vary by building, rents and condition. Whether you want to buy, sell, exchange or live in one unit, we will run the numbers with you. We can also build a custom report for a specific Fullerton neighborhood or property type.

Get My Multifamily Valuation Call 949-430-7500 Book an Investment Consultation

Fullerton Multifamily Investment FAQ

How does Cal State Fullerton affect the Fullerton rental market?

Cal State Fullerton is the largest university in the CSU system by enrollment and has no on-campus housing requirement, which means a significant portion of its 40,000-plus students need off-campus housing within reasonable distance. This creates structural rental demand that is largely independent of broader economic cycles. Properties near campus carry a consistent occupancy premium, and student renters often accept smaller or older units that professional renters would pass on, which benefits value-add investors who may not want to fully renovate before renting. Fullerton College adds another layer of demand from the community college population.

What is house hacking and how does it work in Fullerton?

House hacking is the strategy of purchasing a multifamily property, living in one unit, and renting the others to offset your mortgage. In Fullerton, fourplexes are the most common house hacking vehicle because they qualify for owner-occupied FHA financing, which allows lower down payments than conventional investment loans. The rental income from the other three units can significantly reduce or eliminate the owner's housing cost. FHA loan limits for 4-unit properties in Orange County are updated annually. Contact us for the current figure before running your numbers.

Does Fullerton have rent control?

Fullerton does not have local rent control, but California's AB 1482 statewide rent cap applies to most multifamily properties that are more than 15 years old and not single-family homes or condos. AB 1482 limits annual rent increases to 5% plus local CPI, with a maximum of 10%. Properties built within the last 15 years are exempt. Buyers should review current AB 1482 applicability for any specific property with a real estate attorney before closing, as the rules have nuance around exemptions and just cause eviction requirements.

Are Fullerton multifamily properties good for a 1031 exchange?

Yes, for the right buyer profile. Fullerton multifamily offers a combination of rental demand fundamentals and ADU upside that makes it a credible 1031 exchange destination. The key is identifying properties with genuine value-add potential rather than paying a premium for cap rate compression that has already occurred. Working with an agent who has off-market access is essential in this segment, as the best opportunities rarely hit the public MLS.

Are there duplexes or small multifamily properties for sale in Fullerton?

Yes. Fullerton regularly has duplexes, triplexes and fourplexes for sale, and the listings on this page update directly from the MLS. We also watch for properties that sell privately before they are listed. Tell us what you want and we will keep an eye out.

Do you work with apartment buildings of 5 or more units in Fullerton?

Yes. We work with apartment buildings of every size, from a duplex to a 120 unit property. Buildings with five or more units are labeled commercial instead of residential and use commercial financing, and they are often marketed on commercial platforms such as LoopNet instead of the MLS. We evaluate, price and market them the same way, starting with the rents, the expenses and the cap rate.

How do I sell my Fullerton multifamily or income property?

Income properties are priced on rents, expenses and net operating income, not just comparable sales. We build your price from your numbers and recent sales, then market to investors, exchange buyers and owner occupants. We can also sell quietly if you prefer a private sale. Skip the automated estimate and request a human verified valuation.

Browse Fullerton Multifamily Listings

The listings below update directly from the MLS. If you have questions about a specific property or want to talk strategy, contact us or call 949-430-7500.

Fullerton Multi-Family Properties for Sale

$5,795,000

OC26218525 MLS ⋅ Active Status

The property consists of (20) 1 Bedroom / 1 Bath units situated on two parcels of land, with a large central courtyard that may provide potential for multiple ADUs. The property offers 24 total parking spaces, including 10 two-car garages and four additional spaces. The garages may also provide future ADU conversion potential, creating an opportunity to add units and enhance long-term value. Ideally located just 0.9 miles from Cal State Fullerton and approximately 2.1 miles from Downtown Fullerton, the property benefits from strong rental demand and excellent long-term investment appeal.

2312 Commonwealth, Fullerton

$1,895,000

PW26216334 MLS ⋅ Active Status

2140 Associated Road is a fully occupied 4-unit multifamily property in Fullerton, CA, located less than half a mile from the Cal State Fullerton campus. Set on a 7,405 SF lot, the asset features two 3BR/2BA downstairs units with patios and two 2BR/2BA upstairs units with large open decks. Amenities include on-site laundry, wall AC, and three two-car garages plus two open parking spaces. Built in 1964, the property offers investors a stable, well-located Orange County asset with achievable rental upside.

2140 Associated Road, Fullerton

$1,185,000

PW26210698 MLS ⋅ Active Status

Commercially zoned property in the heart of Downtown Fullerton. Great exposure to Harbor Blvd. Commercially Zoned with residential use. Verify permits with City

708 N Harbor Boulevard, Fullerton

$2,400,000

OC26203790 MLS ⋅ Active Status

149 East Union Avenue is a 7-unit multifamily investment opportunity located in Fullerton, California. Built in 1962, the property comprises approximately 5,247 square feet of rentable space on a 0.23-acre lot and features a unit mix of 4 one-bedroom/one-bathroom units and 3 two-bedroom/ one-bathroom units. On-site parking includes 3 garage spaces and 8 carport/tuck-under spaces, providing a total of 11 parking spaces for the 7-unit property. Ownership has completed a substantial renovation program throughout the property, including updated unit interiors. Renovated units feature new lighting, including recessed lighting in select areas, updated kitchens with white shaker-style cabinetry, modern countertops, stainless-steel appliances, and contemporary fixtures. Bathrooms have also been remodeled with updated vanities, fixtures, and finishes, while additional interior improvements include newer vinyl plank flooring and carpet, updated wall texture, and fresh paint. The property has also undergone extensive exterior improvements, including replacement windows, copper plumbing completed in recent years, a full restucco and repaint in 2022, and updated landscaping throughout the property. With all 7 units benefiting from interior upgrades alongside extensive exterior improvements, 149 East Union Avenue presents a desirable renovated multifamily opportunity in Fullerton.

149 E Union Avenue, Fullerton

$1,295,000

PW26192846 MLS ⋅ Active Status

118 E Truslow, Fullerton

$1,200,000

3 Beds ⋅ 1 Baths ⋅ 26871799 MLS ⋅ Active Under Contract Status

Commercial Office Building positioned along one of Fullerton's most active commercial corridors, 1457 E Chapman Avenue presents a rare opportunity to own a beautifully renovated standalone professional office building, which is fully vacant, with exceptional street presence, strong daily traffic exposure, and outstanding accessibility. Recently upgraded throughout with new interior paint, new flooring, remodeled bathrooms, and new windows, the property offers a modern and professional environment ideal for an owner-user or boutique investment opportunity. Spanning approximately 1,750 square feet on a 7,236 square foot lot, this single-story office building has been thoughtfully configured for a wide range of professional uses including medical practice, law firm, accounting office, insurance agency, consulting firm, or real estate brokerage. The functional floor plan features a welcoming reception and waiting area, spacious conference room, four private offices, kitchenette, utility/storage space, and two ADA-compliant restrooms, creating an efficient and client-friendly workspace. The property benefits from outstanding visibility along Chapman Avenue with prominent signage exposure, while eight dedicated rear parking spaces with alley access provide convenience for both employees and clients a valuable amenity rarely found in smaller office assets throughout the area. Located in the heart of East Fullerton, the property is surrounded by an established mix of restaurants, cafs, retail, and professional businesses, creating an energetic and highly desirable working environment. Employees and clients are within minutes of popular local destinations including Michelangelo's Pizza, Pita Hot, and Starbucks, along with nearby shopping, coffee spots, and business services. The location also offers immediate access to Downtown Fullerton, Fullerton College, and major transportation routes including the 57 and 91 Freeways, making commuting easy from across Orange County and surrounding markets.Combining turnkey improvements, flexible office configuration, dedicated parking, and premier frontage in a thriving commercial corridor, this is an exceptional opportunity to establish or expand your business in one of North Orange County's most convenient and recognizable office locations. Previous tenant was paying around $8,000 a month rent (month 2 month).

1457 E Chapman Avenue, Fullerton

$1,399,000

PW26175165 MLS ⋅ Active Status

124 N Princeton Avenue, Fullerton

$1,995,000

PW26166179 MLS ⋅ Active Status

Welcome to 2808 Santiago Road, a Fourplex Investment Opportunity Located in the Highly Desirable Villa Santiago Community of Fullerton. All Four Units are Currently Tenant-Occupied, Offering an Established Income-Producing Property with a Desirable Mix of One 3 Bed/2 Bath Unit and Three 2 Bed/2 Bath Units. Recent Property Improvements Include a New Roof and Newer HVAC and Furnace Systems. Unit A Features Three Bedrooms, Two Bathrooms, Tile Flooring, Dual Payne Windows, Newer HVAC, and a Recently Upgraded Kitchen with White Shaker Cabinetry and Stainless Steel Appliances. Unit B Offers Two Bedrooms, Two Bathrooms, Tile Flooring, Partially Updated Kitchen, Newer HVAC and Furnace, Dual Payne Windows, and a Private Patio with a Vinyl Gate. Unit C Includes Two Bedrooms, Two Bathrooms, Dual Payne Windows, Laminate Flooring, and a Private Balcony. Unit D Features Two Bedrooms, Two Bathrooms, Carpet and Laminate Flooring, Dual Payne Windows, and a Private Outdoor Area. Each Residence Includes a Private Patio or Balcony, Providing Valuable Outdoor Space for Tenants. Enjoy a Short Walk to a Local Coffee Shop, Morningside Plaza Shopping and Restaurants, and Coyote Hills Golf Course. A Short Drive to Multiple Parks, Fullerton Sports Complex, St. Jude Medical Center, Cal State Fullerton, and Brea Mall. Easy Access to the 57/91 Freeways. With All Four Units Currently Occupied, a Desirable Unit Mix, and Major Property Improvements Already Completed, 2808 Santiago Road is a Must See!

2808 Santiago Road, Fullerton

$1,299,000

OC26161667 MLS ⋅ Active Status

Watch the Disneyland fireworks from the front porch at this investment opportunity in the heart of Fullerton! This 6,534 square foot duplex lot features a charming detached early-1900’s Craftsman-style front home with 3 bedrooms and 2 bathrooms, plus a newer 2-bedroom, 2-bathroom unit built above a detached 4-car garage in 2004. The front home square footage was expanded in 2005 with the addition of the primary bedroom with the cathedral ceiling and walk-in closet. The home has also been re-piped with the supply and waste lines, and offers approximately 946 square feet. The rear unit built in 2004 offers approximately 994 square feet and features a spacious 35' x 13' private patio above the carport. The property includes a long driveway providing additional off-street parking, and each unit has its own 2-car garage with separate laundry hookups, enhancing convenience and tenant appeal. Located on a tree-lined street near Maple Elementary School, Fullerton High School, and Fullerton College. Just minutes from the Fullerton Transportation Center, with easy access to the 91 and 57 Freeways, as well as downtown Fullerton's restaurants, shopping, and entertainment. An outstanding opportunity for investors or owner-occupants seeking rental income and long-term appreciation in a highly desirable Fullerton location. Both units are tenant occupied on month-to-month leases. Check with City of Fullerton for additional ADU option with conversion of rear garage spaces.

110 S Cornell, Fullerton

$1,499,000

PW26144190 MLS ⋅ Active Status

Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential. Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box. Located just minutes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive. Opportunities like this are increasingly rare—a stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.

1600 Picadilly, Fullerton

$1,449,900

OC26099965 MLS ⋅ Active Status

Centrally located single-story fourplex in the desirable City of Fullerton. Built in 1954, this well-maintained investment property sits on a spacious 12,201 sq. ft. lot and offers an excellent unit mix consisting of one 3-bedroom, 1-bath unit and three 2-bedroom, 1-bath units. Each unit features dual-pane windows, its own washer/dryer hookups inside, a private backyard, a one-car garage, and an additional dedicated parking space, providing convenience and privacy. Ideally situated just half a mile from Valencia Park Elementary School and Buena Park High School, the property also offers easy access to the 5 and 91 Freeways, making daily commuting simple and convenient. Residents will enjoy being just minutes from grocery stores, shopping centers, dining, and the popular Porto’s Bakery. This is a fantastic opportunity to own a centrally located multi-unit property in a strong rental market.

4032 W Valencia Drive, Fullerton

$1,275,000

SB26081408 MLS ⋅ Active Under Contract Status

Perfect move-in ready house plus 2 ADUs in an excellent Fullerton location. Detached 2 bed, 1 bath SFR completely remodeled in 2021 with new kitchen, bathroom, windows, finishes, AC, laundry, and overhead lighting. Two new 2 bed, 1 bath ADUs in rear built in 2022 , also with modern finishes, open concept floor plans, AC and in-unit laundry. Parking lot for 4 cars off street. Separately metered for gas and electricity plus solar panels on ADUs. In-place rent from ADUs can nearly cover your mortgage at $2300 each. Turnkey, low maintenance property perfect for a start investment property. Excellent Fullerton location only minutes away from Downtown, Fullerton College, and Chapman University. Outdoor amenities nearby in the Fullerton Arboretum, Craig Regional Park, Fullerton Sports Complex, and numerous golf courses. Convenient transit access located only minutes away from the 91 and 57 freeways. Very walkable location with a walk score of 80.

912 E Commonwealth, Fullerton

$2,145,000

OC25276298 MLS ⋅ Active Status

705 East Santa Fe Avenue, a fully renovated five-unit multifamily property in Fullerton, California. The asset combines a desirable mix of larger floor plans with extensive 2025 upgrades, offering investors a turnkey opportunity in a high-demand North Orange County market. The property offers a 5.72% cap rate on current rents, providing immediate, in-place cash flow. The community features three 2-bed/1-bath units, one 3-bed/1-bath unit, and one 4-bed/1-bath unit—layouts well-suited for families and long-term renters. All units underwent a comprehensive renovation in 2025, and all units benefit from updated finishes, modern ceiling fans, and numerous contemporary improvements. The property provides six garage spaces, a competitive advantage in this submarket. Furthermore, the property was repiped with copper plumbing in 2019, further reducing near-term capital expenditure risk. All units received full renovations, with upgrades including new vinyl flooring throughout, tile bathroom flooring, quartz countertops, shaker-style cabinets, all-in-one washer/dryers, stainless steel appliances, tile backsplashes, modern lighting and fixtures, and refinished bathrooms with new vanities. The renovated four-bedroom unit features new vinyl flooring, shaker-style cabinets, stainless steel appliances, and a granite countertop, along with a private laundry room created from the former community laundry area. Most windows throughout the property have been upgraded to dual-pane. 705 East Santa Fe Avenue is centrally located within one mile of several major Fullerton demand drivers, including Downtown Fullerton, the Fullerton Transportation Center, Fullerton Union High School, and Fullerton College. Residents also enjoy proximity to three major shopping centers at Harbor Boulevard and Orangethorpe Avenue (Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center). California State University, Fullerton lies just over 1.5 miles away, enhancing long-term renter demand.

705 E Santa Fe Avenue, Fullerton

$6,090,000

PW25249977 MLS ⋅ Active Status

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.

111 N Stanford Avenue, Fullerton

$5,800,000

OC25238616 MLS ⋅ Active Status

We are pleased to offer 134 S Pritchard Ave, located in Fullerton, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Valencia Park Elementary School, Buena Park High School, Sunny Hills High School, Los Coyotes Country Club, the Source OC Shopping Mall, Beach Blvd, the 5 Freeway and 91 Freeway Interchange. Built in 1954, the property had a major interior and exterior renovation in 2022. The complex has a great unit mix of fifteen two-bed one-bath units, one three-bed one-bath unit, and a non-conforming one-bed one-bath unit. The Non-Conforming Unit is In Process of becoming Conforming. The property is a two-story garden-style walk-up with a center courtyard surrounding a gated swimming pool. There is an on-site laundry room and covered parking for the tenants. Each unit is separately metered for gas and electricity. Each of the units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new front gate, new landscaping, newly paved parking lot, some new fencing and paint, new wall air conditioning, and new double pane vinyl windows. The complex is conveniently located just 2 miles from Knott’s Berry Farm, Knott’s Soak City, Medieval Times, Pirates Adventure, Portillo’s Bakery, and the Buena Park entertainment zone. The property is also less than a mile from many major retail centers and employment opportunities.

134 S Pritchard Avenue, Fullerton

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.