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Listing Details

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School Ratings & Info

Description

Presenting Williamson Apartments at 529 Williamson Avenue, a 5 units multifamily investment property in the city of Fullerton, California. Williamson Apartments is conveniently located half a mile from downtown Fullerton, between Euclid Street and Harbor Boulevard one block from Commonwealth Avenue. The area has recently been redeveloped with new modern luxury apartments such as the 2019 built, 290 units AmpliFi at 600 W Commonwealth Avenue just down the street. The residents at Williamson Apartments enjoy walking to nearby schools, parks, and local stores and restaurants. The property is well-maintained with approx. 20% in rental upside. potential to add 1 - 3 ADUs to significantly add value and increase rental income (Buyer to verify). The property is sold 'As-is', Seller will not make or pay for repairs or replacements.Williamson Apartments has a total building size of +/-4,056 SF, sitting on a +/-8,433 SF lot. The property has a great unit mix of (1) 1 Bed / 1 Bath SFR, and (4) 2 Bed / 1 Bath. The building is well-maintained featuring: wood and tile flooring, ceiling fans, beautifully landscaped courtyard, private patio for the 1-bedroom unit, and 1-car garage parking for each unit, and onsite laundry room. Buyer to verify all information, herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 5, 57, and 91 freeways. The property is in close proximity within one mile to Richman Elementary, Fullerton Union High, Fullerton College, Fullerton Public Library, Independence Park, Amerige Park, and Stater Brothers Markets.Email listing agent stevechang@kw.com to request Offering Memorandum with investment details. Drive by only. Please do not disturb the tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120554332
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529 Williamson Avenue Fullerton, CA 92832

  • Price: $1,690,000
  • Status: Active
  • Updated: 45 min ago
  • ID#: P1-6235
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1957
Built
Neighborhood:
Other
County:
Orange
Area:
83 - Fullerton
Property Description
Presenting Williamson Apartments at 529 Williamson Avenue, a 5 units multifamily investment property in the city of Fullerton, California. Williamson Apartments is conveniently located half a mile from downtown Fullerton, between Euclid Street and Harbor Boulevard one block from Commonwealth Avenue. The area has recently been redeveloped with new modern luxury apartments such as the 2019 built, 290 units AmpliFi at 600 W Commonwealth Avenue just down the street. The residents at Williamson Apartments enjoy walking to nearby schools, parks, and local stores and restaurants. The property is well-maintained with approx. 20% in rental upside. potential to add 1 - 3 ADUs to significantly add value and increase rental income (Buyer to verify). The property is sold 'As-is', Seller will not make or pay for repairs or replacements.Williamson Apartments has a total building size of +/-4,056 SF, sitting on a +/-8,433 SF lot. The property has a great unit mix of (1) 1 Bed / 1 Bath SFR, and (4) 2 Bed / 1 Bath. The building is well-maintained featuring: wood and tile flooring, ceiling fans, beautifully landscaped courtyard, private patio for the 1-bedroom unit, and 1-car garage parking for each unit, and onsite laundry room. Buyer to verify all information, herein. Broker/Agent and Seller does not guarantee its accuracy.The property is conveniently located with easy access to the 5, 57, and 91 freeways. The property is in close proximity within one mile to Richman Elementary, Fullerton Union High, Fullerton College, Fullerton Public Library, Independence Park, Amerige Park, and Stater Brothers Markets.Email listing agent stevechang@kw.com to request Offering Memorandum with investment details. Drive by only. Please do not disturb the tenants.
Exterior Features

Direction Faces South Fencing Wrought Iron Number Of Separate Electric Meters 5 Open Parking Spaces 2 Parking Features DrivewayGarageOn Street Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenGas Range Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Community Features Park Fuel Expense 50 Garage YN Yes Gross Income 101600 Gross Scheduled Income 101000 Insurance Expense 2000 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 3000 Net Operating Income 62000 New Taxes Expense 23600 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 36000 Other Expense 1300 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 1200 Water Sewer Expense 4200 Water Source Public Zoning Ch

Listing provided courtesy of Tzu-Ning Chang of Keller Williams Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T17:27:21.203. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505