149 E Union Avenue, Fullerton, CA 92832

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List Price
$2,400,000
Status
ACTIVE
MLS#
OC26203790
Year Built
1962
Lot Size
10,018
Acres
0.23
Lot Location
Street Level
Days on Market
0
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Other

Property Description

149 East Union Avenue is a 7-unit multifamily investment opportunity located in Fullerton, California. Built in 1962, the property comprises approximately 5,247 square feet of rentable space on a 0.23-acre lot and features a unit mix of 4 one-bedroom/one-bathroom units and 3 two-bedroom/ one-bathroom units. On-site parking includes 3 garage spaces and 8 carport/tuck-under spaces, providing a total of 11 parking spaces for the 7-unit property. Ownership has completed a substantial renovation program throughout the property, including updated unit interiors. Renovated units feature new lighting, including recessed lighting in select areas, updated kitchens with white shaker-style cabinetry, modern countertops, stainless-steel appliances, and contemporary fixtures. Bathrooms have also been remodeled with updated vanities, fixtures, and finishes, while additional interior improvements include newer vinyl plank flooring and carpet, updated wall texture, and fresh paint. The property has also undergone extensive exterior improvements, including replacement windows, copper plumbing completed in recent years, a full restucco and repaint in 2022, and updated landscaping throughout the property. With all 7 units benefiting from interior upgrades alongside extensive exterior improvements, 149 East Union Avenue presents a desirable renovated multifamily opportunity in Fullerton.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
7
Gross Scheduled Income
$176,700
Operating Expense
61157

Listing courtesy of Listing Agent: Christian Tait (christian.tait@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.