NOT LISTED FOR SALE

529 Williamson Ave Fullerton, CA 92832

Downtown Fullerton Neighborhood
9 Beds
5 Baths
4,056 Sq Ft
8,433 Sq Ft Lot

Last Sold November 08, 2021

Last sale price $1,650,000 $407 Per Sq Ft

21 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Park
  • 5 Car Garage
  • Golden Hill Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Ford Park

About This Home

As of November 2021

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.

Last Agent to Sell the Property

Tzu-ning Chang

Keller Williams Realty License #02028509 Listed on: 08/17/2021

Keller Williams Realty

Last Buyer's Agent

PFNon-Member Default

ITECH MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,433 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Wrought Iron Fence

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway
  • On-Street Parking

Home Design

  • Apartment

Interior Spaces

  • 4,056 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 13
  • Assessor Parcel Number 03208213

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Fuel Expense $50
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $3,000
  • Other Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $4,200
  • New Taxes Expense $23,600
  • Operating Expense $36,600
  • Gross Income $101,600
  • Net Operating Income $62,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: W COMMONWEALTH AVE / N WOODS AVE
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: CH
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 03208213
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 416.67

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8433.00
  • Lot Size Acres: 0.1936

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 50.00
  • Fuel Expense: 50.00
  • Gross Income: 101600.00
  • Gross Scheduled Income: 101000.00
  • Insurance Expense: 2000.00
  • Laundry Income: 600.00
  • Lot Size Area: 8433.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 62000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 36000.00
  • Other Expense: 1300.00
  • Rent Control: No
  • Total Expenses: 36600.00

Tax Info

  • New Taxes Expense: 23600.00
  • Tax Lot: 13

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Prior Sale
11/08/2021 11/08/21 Sold $1,650,000 -2.4% $407 / Sq Ft
08/17/2021 08/17/21 For Sale $1,690,000 +40.4% $417 / Sq Ft
04/29/2019 04/29/19 Sold $1,204,000 -5.9% $297 / Sq Ft View Prior Sale
01/18/2019 01/18/19 For Sale $1,279,999 0.0% $316 / Sq Ft
01/18/2019 01/18/19 Price Changed $1,279,999 +6.3% $316 / Sq Ft
12/30/2018 12/30/18 Off Market $1,204,000 -- --
11/14/2018 11/14/18 Price Changed $1,299,999 -7.1% $321 / Sq Ft
09/20/2018 09/20/18 Price Changed $1,399,999 -3.4% $345 / Sq Ft
08/28/2018 08/28/18 For Sale $1,449,000 -- $357 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tzu-ning Chang

    Keller Williams Realty

    (626) 381-9885

    1 in this area

    6 Total Sales

    Tzu-ning Chang
    Section Image

  • P

    Buyer's Agent in 2021

    PFNon-Member Default

    ITECH MLS

  • Daniel Blackwell

    Seller's Agent in 2019

    Daniel Blackwell

    CB Richard Ellis, Inc.

    (949) 423-6111

    51 Total Sales

    Daniel Blackwell
    Section Image

  • D

    Buyer's Agent in 2019

    Dorothy Lee

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-6235

Pasadena-Foothills Association of REALTORS®
California Orange County Fullerton 92832 Downtown Fullerton

529 Williamson Ave, Fullerton, CA

Not Listed for Sale

MultiFamily

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