Fullerton, CA 92832 550 Williamson Avenue

550 Williamson Avenue Fullerton, CA - Image 1550 Williamson Avenue Fullerton, CA - Image 2550 Williamson Avenue Fullerton, CA - Image 3
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550 Williamson Avenue Fullerton, CA - Image 4550 Williamson Avenue Fullerton, CA - Image 5550 Williamson Avenue Fullerton, CA - Image 6550 Williamson Avenue Fullerton, CA - Image 7550 Williamson Avenue Fullerton, CA - Image 8550 Williamson Avenue Fullerton, CA - Image 9550 Williamson Avenue Fullerton, CA - Image 10550 Williamson Avenue Fullerton, CA - Image 11
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25077208
  • 04/08/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 36
  • Full/Half Baths • 8 / 2
  • SQFT • 14,436
  • Garage • 17

Home Details

Williamson Apartments is a 17-unit multifamily investment opportunity located in Fullerton, CA. Williamson Apartments offers an attractive mix of one, two, and three-bedroom units, of which ten are two-story townhomes. This diverse mix of floor plans helps Williamson Apartments appeal to a broad renter pool. The property, built in 1989, features desirable amenities including a secured central courtyard with a swimming pool, spacious private patios and balconies, an on-site laundry facility, and ample garage, tuck-under, and surface parking spaces. Williamson Apartments benefits from its optimal central Fullerton location, placing residents in-close proximity of a variety of area amenities. The property is within walking distance of an abundance of unique shops, restaurants, and bars in Downtown Fullerton and is within a 1-mile radius of all three levels of schooling. Additionally, the property is within 1 mile of Fullerton College, a major economic and housing driver for the area. Furthermore, residents enjoy convenient access to a plethora of major retail centers including Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center. Williamson Apartments benefits from it’s close proximity to State Route 91, Interstate 5, and the Fullerton Amtrak Station, connecting residents to employment hubs throughout Southern California. In summary, Williamson Apartments’ fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Williamson Apartments represents an attractive opportunity for a new owner seeking well located units.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com

Interior Features for 550 Williamson Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 550 Williamson Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.69
Carport Spaces7.0
Carport Y/NYes
CityFullerton
Community FeaturesCurbs, Gutters, Sidewalks, Pool
CountyOrange
DirectionsCross Streets of Williamson Avenue & Chestnut Place
Electric Expense7302.0
Electric On Property Y/NNo
Entry LocationFirst level
Fuel Expense7302.0
Garage Spaces17.0
Garage Y/NYes
Gross Income487656.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense11500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet27442.8
Lot Size UnitsAcres
MLS Area83 - Fullerton
MaintenanceExpense10200.0
MobileHomeRemainsYNNo
Net Operating Income304623.0
New ConstructionNo
Number Of Units Total17
Open Parking Spaces9.0
Operating Expense168568.0
Pool FeaturesCommunity
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameOther
Tax Lot28
Taxes$69,327
Trash Expense7302.0
Water Sewer Expense7304.0
Year Built1989
Year Built SourceAssessor

Exterior for 550 Williamson Avenue

Building Area Total14436.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.63
Lot Size Area0.63
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters17
Number of Separate Gas Meters17
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking33.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $6,500,000
MLS#OC25077208
List Date 04/08/2025
Property Type Multi-Family
Phone 714.742.6515
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