$2,200,000

100 E Ash Ave Fullerton, CA 92832

Estimated payment $14,060/month

Total Views 62
11 Beds
6 Baths
5,126 Sq Ft
$429 Price per Sq Ft

About This Home

First time on the market since 1977, this pride-of-ownership six-unit apartment property has been family-owned and operated since construction. The well-maintained courtyard-style complex features a desirable unit mix of one (1) one-bedroom/one-bath unit and five (5) two-bedroom units. Ownership has consistently invested in the property over the years, completing extensive upgrades including newer windows, sliding glass doors, flooring, and balcony improvements. The property presents in clean condition with no apparent deferred maintenance. The asset offers ample parking with eight (8) garages, additional open parking spaces, and dedicated storage within each garage. All units are billed through a RUBS utility reimbursement program, providing operational efficiency and expense recovery. Located in an established Fullerton neighborhood surrounded by a balanced mix of multifamily and single-family residences, the property benefits from limited neighborhood congestion and proximity to ongoing area investment and redevelopment. Stable long-term tenancy provides reliable income, while future upside potential exists through rental adjustments and parking income optimization. Excellent opportunity for investors seeking a well-maintained asset with strong ownership history and value-add potential.

Listing Agent

Tim Gorman

Gorman & Associates Brokerage Phone: 714-932-9673 License #01929799 Listed on: 06/19/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 10,890 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 5,126 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Listing and Financial Details

  • Legal Lot and Block 24 / C
  • Tax Tract Number 828
  • Assessor Parcel Number 03305221

Community Details

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,664
  • Fuel Expense $1,664
  • Gardener Expense $3,696
  • Insurance Expense $6,561
  • Maintenance Expense $7,200
  • Pest Control $1,680
  • Professional Management Expense $8,387
  • Supplies Expense $166
  • Trash Expense $2,496
  • Water Sewer Expense $4,742
  • New Taxes Expense $24,200
  • Operating Expense $62,622
  • Gross Income $105,123
  • Net Operating Income $105,123

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.25 Acres

Parking

8

Listing Details

  • CapRate: 4.78
  • Professional Management Expense: 8387.00
  • Property Attached: Yes
  • Supplies Expense: 166.00
  • View: Yes
  • Water Sewer Expenses: 4742.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3696.00
  • Parcel Number: 03305221
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Price Per Square Foot: 429.18

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 1680.00
  • Sewer: Public Sewer
  • Trash Expense: 2496.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1664.00
  • Fuel Expense: 1664.00
  • Gross Income: 105123.00
  • Gross Multiplier: 13.20
  • Gross Operating Income: 166380.00
  • Gross Scheduled Income: 166380.00
  • Insurance Expense: 6561.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 1800.00
  • Lot Size Area: 10890.0000 Square Feet
  • Maintenance Expense: 7200.00
  • Net Operating Income: 105123.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Range: 6
  • Operating Expense: 62622.00
  • Other Income1: 3725.00
  • Other Income Description: RUBS
  • Rent Control: Yes
  • Total Actual Rent: 13865.00
  • Total Expenses: 62622.00

Tax Info

  • New Taxes Expense: 24200.00
  • Tax Block: C
  • Tax Lot: 24
  • Tax Tract Number: 828

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/19/2026 06/19/26 For Sale $2,200,000 -- $429 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26133311

California Regional Multiple Listing Service (CRMLS)
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