524 Williamson Avenue, Fullerton, CA 92832

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List Price
$2,995,000
Status
ACTIVE
MLS#
PW26219232
Year Built
1961
Lot Size
9,148
Acres
0.21
Days on Market
29
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Other

Property Description

Introducing a fully repositioned 8-unit apartment community at 524 Williamson Avenue in Fullerton. This turnkey asset has undergone an extensive capital improvement program exceeding $350,000, delivering a true "like-new" investment opportunity with minimal deferred maintenance and strong tenant appeal. Exterior upgrades include fresh landscaping, all-new exterior paint, and new windows and sliding doors, enhancing curb appeal and energy efficiency throughout the property. Interiors have been comprehensively renovated unit-by-unit, offering modernized finishes that command premium rents and attract quality, long term residents. With 7 of the 8 units offering desirable two-bedroom floor plans, the property is well-positioned to serve Fullerton's steady demand of renters. Located minutes from Downtown Fullerton's vibrant dining, shopping, and entertainment corridor, this property benefits from proximity to California State Fullerton, Fullerton College, Metrolink and Amtrak rail access, and convenient connectivity to the 91 and 57 freeways, making it an outstanding location for renter retention and long-term appreciation. This is a rare opportunity to acquire a beautifully renovated, low maintenance multifamily asset in an infill Southern California location with lasting rental demand.

Additional Information

Appliances
Dishwasher, Gas Oven, Refrigerator, Range Hood, Dryer, Washer
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$243,540
Operating Expense
57698

Listing courtesy of Listing Agent: Rick Applebaum (rma@morganskenderian.com) from Listing Office: Morgan Skenderian.

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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.