$6,199,000

111 N Stanford Ave Fullerton, CA 92831

Estimated payment $36,749/month

1 Bed
1 Bath
11,013 Sq Ft
$563 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gated Community
  • Cul-De-Sac
  • Fullerton Union High School Rated A
  • No HOA
  • 4-minute walk to Byerrum Park

About This Home

Stanford Apartments is an 18-unit apartment community located in a high demand area of Fullerton. This 2 story gated complex features 18 - 1 bed/1 bath apartments each with its own enclosed single car garage as well as 9 additional garages which provide additional revenue. Amenities include two on-site coined laundry rooms, on-site pool, grass areas, driveway parking and an additional parking pad. Recent improvements include new exterior paint, new exterior lighting and new electrical panels. Most of the units have been remodeled with laminate or LVP flooring, new ceiling fans and lights, new stoves, new A/C units, new paint and window coverings. Six of the units offer a private fenced yard and three of the units have a private balcony. This turn-key property has been diligently maintained by the same family since it was custom built in 1973 and offers steady rental income with long-term tenants and low maintenance ownership perfect for investors seeking cash flow and value-add potential in a high demand area. Situated at the end of a quiet cul-de-sac and conveniently located close to Downtown Fullerton, Fullerton College, Fullerton Train Station, Cal State Fullerton and the 91 and 57 freeways.

Listing Agent

Susan Hirzel

Circa Properties, Inc. License #01904282 Listed on: 10/31/2025

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $51,627

Year Built

  • Built in 1973

Lot Details

  • 0.83 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Sprinkler System

Parking

  • 27 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway
  • Parking Lot

Home Design

  • Apartment
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 11,013 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 5009
  • Assessor Parcel Number 03317358

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 18 Units

Building Details

  • 18 Leased Units
  • Rent Control
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,367
  • Insurance Expense $23,667
  • Other Expense $5,196
  • Trash Expense $1,615
  • Water Sewer Expense $12,246
  • Operating Expense $117,814
  • Gross Income $354,648
  • Net Operating Income $258,134

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$51,627

Year Built

Built in 1973

Lot Details

0

Parking

27

Listing Details

  • Assessments: Yes
  • CapRate: 4.17
  • Property Attached: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Water Sewer Expenses: 12246.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 03317358
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 562.88

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 27.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Parking Space
  • Total Parking Spaces: 33.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1615.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Sprinkler System
  • Lot Size: 36155
  • Lot Size Sq Ft: 36154.80
  • Lot Size Acres: 0.8300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Other

Multi Family

  • Electric Expense: 3367.00
  • Garage Income: 1450.00
  • Gross Income: 354648.00
  • Gross Scheduled Income: 354648.00
  • Insurance Expense: 23667.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 3900.00
  • Lot Size Area: 0.8300 Acres
  • Net Operating Income: 258134.00
  • Number Of Rented Garages: 9
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Number With Disposal: 18
  • Number With Range: 18
  • Operating Expense: 117814.00
  • Other Expense: 5196.00
  • Other Income1: 17400.00
  • Rent Control: Yes
  • Total Expenses: 117814.00

Tax Info

  • Tax Lot: 58
  • Tax Tract Number: 5009
  • Tax Annual Amount: 51627.00
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $6,199,000 -- $563 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25249977

California Regional Multiple Listing Service (CRMLS)
California Orange County Fullerton 92831

111 N Stanford Ave, Fullerton, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Susan Hirzel
Listing Agent
Susan Hirzel
Section Image
Circa Properties, Inc.
(657) 695-0785