Fullerton, CA 92832 524 Williamson Avenue

Pending
524 Williamson Avenue Fullerton, CA - Image 1524 Williamson Avenue Fullerton, CA - Image 2524 Williamson Avenue Fullerton, CA - Image 3
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524 Williamson Avenue Fullerton, CA - Image 4524 Williamson Avenue Fullerton, CA - Image 5524 Williamson Avenue Fullerton, CA - Image 6524 Williamson Avenue Fullerton, CA - Image 7524 Williamson Avenue Fullerton, CA - Image 8524 Williamson Avenue Fullerton, CA - Image 9524 Williamson Avenue Fullerton, CA - Image 10524 Williamson Avenue Fullerton, CA - Image 11
Presented By: Paul Espinosa with Morgan Skenderian; paul@morganskenderian.com
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25117498
  • 05/27/2025
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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 • 1
  • Baths • 1
  • SQFT • 6,003
  • Garage • 7

Home Details

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.
Presented By: Paul Espinosa with Morgan Skenderian; paul@morganskenderian.com

Interior Features for 524 Williamson Avenue

Other Interior Features

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

Other Rooms

Entry Level1

General for 524 Williamson Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate1.41
Carport Y/NNo
CityFullerton
Community FeaturesBiking, Curbs, Gutters, Park, StreetLights, Sidewalks
CountyOrange
DirectionsNorth of Orangethorpe Avenue and East of Euclid Street.
Electric Expense192.0
Entry LocationStreet
Fuel Expense961.0
Garage Spaces7.0
Garage Y/NYes
Gross Income69552.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense6003.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet9100.0
Lot Size UnitsSquareFeet
MLS Area83 - Fullerton
Maintenance Expense4047.0
MobileHomeRemainsYNNo
Net Operating Income25367.0
New ConstructionNo
Number Of Units Total7
Open Parking Spaces2.0
Operating Expense42098.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Subdivision NameOther
Tax Lot27
Taxes$21,011
Trash Expense5491.0
Water Sewer Expense3041.0
Year Built1961
Year Built SourceAssessor
ZoningC2

Exterior for 524 Williamson Avenue

Building Area Total6003.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2089
Lot Size Area9100.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,795,000
MLS#PW25117498
List Date 05/27/2025
Property Type Pending
Phone 714.742.6515
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