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    529 Williamson Avenue

    Fullerton, CA 92832
    • $1,598,000
    • STATUS: Active
    • ON SITE: 256 days
    • ID#: AR20032925
    $1,598,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,680
      SQFT
    • $341
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    529 Williamson, a 5-unit value-add apartment investment opportunity located in the highly desirable city of Fullerton. Fullerton is a college town, apartment market has been known as a +G+low inventory+G- market as there are limited numbers of multifamily offers for sale. The property is located on a quiet residential street. It is a garden style apartment community with a well maintained courtyard and situated on a good sized lot. The building has a good curb-appeal and manicured landscaping. The property has an attractive unit mix with 4 x 2bed/1bath, and 1 x 1bed/1bath. All the units are rented to long-time tenants and offer rental upside potential. Some of the units have recent remodeling, including: newly installed laminate flooring, replaced water heaters, bathtub, ceiling fans, etc. The property is separately metered for electricity and gas, offering secured entrance. Separate on-site coin-operated laundry for additional income. Parking is provided by 5 garage spaces and 2 open spaces in the back. Short Distance to downtown Fullerton, City Hall, Cal State U Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/103229313
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    529 Williamson Avenue Fullerton, CA 92832

    • Price: $1,598,000
    • Status: Active
    • ID#: AR20032925
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,680
    SQFT
    $341
    $/SQFT
    1957
    Built
    Neighborhood:
    Other (Othr)
    County:
    Orange
    Area:
    83 - Fullerton
    Property Description
    529 Williamson, a 5-unit value-add apartment investment opportunity located in the highly desirable city of Fullerton. Fullerton is a college town, apartment market has been known as a +G+low inventory+G- market as there are limited numbers of multifamily offers for sale. The property is located on a quiet residential street. It is a garden style apartment community with a well maintained courtyard and situated on a good sized lot. The building has a good curb-appeal and manicured landscaping. The property has an attractive unit mix with 4 x 2bed/1bath, and 1 x 1bed/1bath. All the units are rented to long-time tenants and offer rental upside potential. Some of the units have recent remodeling, including: newly installed laminate flooring, replaced water heaters, bathtub, ceiling fans, etc. The property is separately metered for electricity and gas, offering secured entrance. Separate on-site coin-operated laundry for additional income. Parking is provided by 5 garage spaces and 2 open spaces in the back. Short Distance to downtown Fullerton, City Hall, Cal State U Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.
    Exterior Features

    Architectural Style Contemporary Construction Materials Drywall WallsStucco Fence YN Yes Fencing Excellent Condition Foundation Details See Remarks Garage Spaces 5.00 Lot Features Front YardGardenLawnLevel With StreetLot 6500-9999Rectangular LotNear Public TransitPark NearbySprinkler SystemSprinklers In FrontYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway LevelGarage - Single DoorOn SiteParking SpacePrivate Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley Paved Roof CompositionShingle Spa Features None Spa YN No Uncovered Spaces 2.00

    Interior Features

    Appliances Free-Standing RangeGas OvenGas RangeWater Heater Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 624 Average1 Bed Area Units Square Feet Average2 Bed Area 858 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetLaminateTile Interior Features BalconyCeiling Fan(S) Laundry Features Gas Dryer HookupWasher Hookup Levels Two Room Type Great RoomKitchenLiving Room

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.00 Community Features Curbs Country Us Elevation Units Feet Gardener Expense 1500.00 Gross Income 0.00 Gross Scheduled Income 97800.00 Insurance Expense 2939.00 Land Lease YN No Laundry YN Yes Maintenance Expense 600.00 Net Operating Income 80000.00 New Construction YN No New Taxes Expense 13000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 2 Number Wall AC 5 Number With Range 5 Operating Expense 0.00 Other Expense 348.00 Professional Management Expense 0.00 Property Condition Updated/Remodeled Rent Control YN No Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public SewerSewer Paid Special Listing Conditions Standard Subdivision Name Other Other Total Actual Rent 8050.00 Total Expenses 17995.00 Trash Expense 540.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater AvailableWater Connected Water Sewer Expense 3540.00 Water Source Public Year Built Source Assessor Zoning Ch

    Listing provided courtesy of Dorothy Lee of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-27T00:27:39.667. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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