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Listed by Paul Espinosa • Morgan Skenderian
$1,795,000
Est. payment /mo
6,003 SqFt
New
524 Williamson Avenue Fullerton, CA 92832
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Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 6,003 sqft
Price per Sqft $299
MLS Listing ID PW-25117498
Year Built 1961
Lot Size 9,100 Sqft
Property Sub-Type Apartment
Property Description
Pleased to present 524 Williamson Avenue, a 7-unit investment opportunity located in Fullerton. This property was built in 1961 and is being offered for the first time in over three decades. With 6 out of the 7 units configured as spacious two-bedroom layouts, the property offers an excellent unit mix ideal for long-term growth and strong tenant demand. The property underwent a complete re-pipe in 2016 with durable and efficient PEX piping as well as a full roof replacement in 2025 (excluding the garages), significantly reducing future maintenance concerns. An onsite laundry facility, though currently unused, offers the opportunity for additional income. Select units feature private yards and ceiling fans, enhancing tenant comfort, while the property also includes garages and onsite parking spaces, a desirable amenity in the area. Currently listed at just $256,429 per unit and under $300 per square foot, this asset represents a compelling value play with over 196% upside in rental income, providing a clear path for substantial value-add potential. This is a rare chance to acquire a legacy asset in a strong rental market, with attractive fundamentals and outstanding potential for repositioning and long-term returns.
Location
State CA
County Orange
Area 83 - Fullerton
Zoning C2
Interior
Laundry See Remarks, Community
Exterior
Parking Features Gated
Garage Spaces 7.0
Pool None
Community Features Biking, Curbs, Gutters, Park, Sidewalks, Street Lights
Building
Lot Description Lot 6500-9999
Sewer Public Sewer