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.
Sold for $1,910,000 on 09/24/25
Listing Provided by:
Paul Espinosa DRE #01942627 paul@morganskenderian.com,
Morgan Skenderian,
Rick Applebaum DRE #01273871,
Morgan Skenderian
Bought with: Morgan Skenderian
$1,910,000
524 Williamson Ave, Fullerton, CA 92832
26beds
14baths
6,003sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$318/sqft
$2,812 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2025 at 08:08pm
Listing Provided by:
Paul Espinosa DRE #01942627 paul@morganskenderian.com,
Morgan Skenderian,
Rick Applebaum DRE #01273871,
Morgan Skenderian
Bought with:
Rick Applebaum, DRE #01273871
Morgan Skenderian
Source: CRMLS,MLS#: PW25117498
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 26
- Bathrooms: 14
Appliances
- Laundry: Common Area, See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 6,003
- Total interior livable area: 6,003 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 7
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
Lot
- Size: 9,100 sqft
Details
- Parcel number: 03208304
- Zoning: C2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Gutter(s), Park, Street Lights, Sidewalks
Location
- Region: Fullerton
- Subdivision: Other
Other
Other facts
- Listing terms: Cash to New Loan