550 Williamson Avenue, Fullerton, CA 92832
  • MLS#: OC25077208 ( Apartment )
  • Street Address: 550 Williamson Avenue
  • Viewed: 3
  • Price: $6,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: ORANGE
  • City: Fullerton
  • Zipcode: 92832
  • Subdivision: Other (othr)
  • Provided by: Marcus & Millichap RE Invest
  • Contact: Tyler Tyler
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Williamson Apartments is a 17 unit multifamily investment opportunity located in Fullerton, CA. Williamson Apartments offers an attractive mix of one, two, and three bedroom units, of which ten are two story townhomes. This diverse mix of floor plans helps Williamson Apartments appeal to a broad renter pool. The property, built in 1989, features desirable amenities including a secured central courtyard with a swimming pool, spacious private patios and balconies, an on site laundry facility, and ample garage, tuck under, and surface parking spaces. Williamson Apartments benefits from its optimal central Fullerton location, placing residents in close proximity of a variety of area amenities. The property is within walking distance of an abundance of unique shops, restaurants, and bars in Downtown Fullerton and is within a 1 mile radius of all three levels of schooling. Additionally, the property is within 1 mile of Fullerton College, a major economic and housing driver for the area. Furthermore, residents enjoy convenient access to a plethora of major retail centers including Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center. Williamson Apartments benefits from its close proximity to State Route 91, Interstate 5, and the Fullerton Amtrak Station, connecting residents to employment hubs throughout Southern California. In summary, Williamson Apartments fantastic location offers residents a wide variety of activities, employment, transportation, and retail amenities, all of which will attract a diverse renter pool. With substantial upside and strong rental metrics, Williamson Apartments represents an attractive opportunity for a new owner seeking well located units.
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 14436.00
Carport Spaces
  1. 7.00
Commoninterest
  1. Community Apartment
Common Walls
  1. No Common Walls
Country
  1. US
Electric Expense
  1. 7302.00
Entry Location
  1. First level
Fuel Expense
  1. 7302.00
Garage Spaces
  1. 17.00
Insurance Expense
  1. 11500.00
Laundry Features
  1. Community
Lot Features
  1. Level with Street
Netoperatingincome
  1. 304623.00
Newtaxesexpense
  1. 69327.00
Number Of Separate Electric Meters
  1. 17
Number Of Separate Gas Meters
  1. 17
Otherexpense
  1. 31769.00
Otherexpensedescription
  1. Misc
Otherincome1
  1. 5477.00
Otherincomedescription
  1. Misc
Parcel Number
  1. 03208312
Pool Features
  1. Community
Professionalmanagementexpense
  1. 16562.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 435961680:CRM
Subdivision Name Other
  1. Other
Totalexpenses
  1. 168568.00
Trash Expense
  1. 7302.00
Uncovered Spaces
  1. 9.00
Vacancyallowance
  1. 14465
Water Sewer Expense
  1. 7304.00
Water Source
  1. Public
Year Built
  1. 1989
Year Built Source
  1. Assessor