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1819 W Houston Ave, Fullerton, CA 92833
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1819 W Houston Ave Fullerton, CA 92833

$4,835,000 Sold Price as of 11/12/2021
  • 24 Beds
  • 24 Baths
  • 10,952 Sq.Ft.
Sold
$4,835,000 Sold Price as of 11/12/2021 Refinance Your Mortgage
Map preview of 1819 W Houston Ave, Fullerton, CA 92833

Property Overview: 1819 W Houston Ave Fullerton, CA has 24 bedrooms, 24 bathrooms, 10,952 living square feet and 25,264 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1819 West Houston Avenue is a 12-unit multifamily investment property located in Fullerton, one of the premier rental submarkets in Orange County. Built in 1990, 1819 West Houston Avenue contains an attractive unit mix consisting exclusively of two-bedroom units. Situated on a 0.58-acre lot, the property offers amenities including private patios and balconies, central A/C and heat, fireplaces, reserved carport and uncovered parking, a large shared backyard, and on-site laundry. 1819 West Houston Avenue has an excellent Fullerton location, positioned minutes away from major transportation corridors and an abundance of retail options, all of which help to generate rental demand for the property.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 15 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
25,264
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC21147057
City
Fullerton
County
Orange
Time on Site
1040 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Leased Units: 12
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 12
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $23,083
  • Total Rent: $23,083
  • Pro Forma/Market Rent: $28,740
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $276,996
  • Net Operating Income: $169,499
  • Gross Operating Income: $269,071
  • Vacancy Allowance: $8,310
  • Other Income 1: $385
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $99,572
  • Electric: $3,630
  • Gas/Fuel: $3,630
  • New Taxes: $53,053
  • Trash: $3,630
  • Insurance: $2,757
  • Maintenance: $7,200
  • Professional Management: $10,763
  • Water/Sewer: $3,630
  • Other Expenses: $11,281
  • Other Expense Description: Misc

Property Details for 1819 W Houston Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 26
Lot Information
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 12
  • Parcel Number: 07151119
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: West Page Avenue & Brookhurst Road
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 1819 W Houston Ave

Last leased for $2,300 on October 1st, 2022

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: PW22150935

    $5,999,000

    Price

  • Jul 10, 2022

    Date

    Active

    CRMLS: PW22150935

    $5,999,000

    Price

  • Listing provided courtesy of CRMLS

    Built in 1990, the Houston Apartments provides an investor with an opportunity to acquire an all 2 bedroom / 2 bath property in an area where neighboring homes are valued in excess of $1 million. The property, which has been recently painted and re-landscaped, is located at the end of a quiet cul de sac and just a short walk to Orangethorpe Elementary School. The newly installed gated property offers ample parking (2 spaces per unit) and a desirable host of features including central air conditioning and heating, fireplaces, gas ranges, dishwashers, large private balconies or patios in all but one unit, a laundry facility and a spacious park-like rear yard. The property has convenient access to both the 91 Freeway and Interstate 5. In addition to nearby neighborhood shopping and restaurants at the intersection of Brookhurst Street and Orangethorpe, residents are just 3 miles from the dominant retail/restaurant/entertainment hub in the city of Fullerton, home to Fullerton Metrocenter, Fullerton Town Center and Orangefair Marketplace. restaurants.

  • October, 2022

  • Oct 1, 2022

    Date

    Leased

    CRMLS: PW22190629

    $2,300

    Price

  • Aug 30, 2022

    Date

    Active

    CRMLS: PW22190629

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    Very spacious 2 bedrooms and 2 bathrooms upstairs apartment for rent, newly installed floor, fresh paint. located in the city of Fullerton. All unit has a private patio.

  • June, 2022

  • Jun 8, 2022

    Date

    Expired

    CRMLS: PW22044726

    $6,200,000

    Price

  • Mar 7, 2022

    Date

    Active

    CRMLS: PW22044726

    $6,500,000

    Price

  • Listing provided courtesy of CRMLS

    This is a 12-unit multifamily investment property located in Fullerton, one of the premier rental submarkets in Orange County. Built in 1990, it contains an attractive unit mix consisting exclusively of two-bedroom units. Situated on a 0.58-acre lot, the property offers amenities including private patios and balconies, central A/C and heat, fireplaces, reserved carport and uncovered parking, a large shared backyard, and on-site laundry. also has an excellent Fullerton location, positioned minutes away from major transportation corridors and an abundance of retail options, all of which help to generate rental demand for the property.

  • November, 2021

  • Nov 12, 2021

    Date

    Sold

    CRMLS: OC21147057

    $4,835,000

    Price

  • Aug 19, 2021

    Date

    Pending

    CRMLS: OC21147057

    $4,885,000

    Price

  • Jul 26, 2021

    Date

    Active Under Contract

    CRMLS: OC21147057

    $4,885,000

    Price

  • Jul 13, 2021

    Date

    Active

    CRMLS: OC21147057

    $4,885,000

    Price

  • June, 2020

  • Jun 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $4,050,000

    Price

  • April, 2020

  • Apr 28, 2020

    Date

    Sold

    CRMLS: OC20037324

    $4,050,000

    Price

  • Feb 28, 2020

    Date

    Active Under Contract

    CRMLS: OC20037324

    $4,050,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: OC20037324

    $4,050,000

    Price

  • Listing provided courtesy of CRMLS

    Built in 1990, the Houston Apartments provides an investor with an opportunity to acquire an all 2 bedroom / 2 bath property in an area where neighboring homes are valued in excess of $1 million. The property, which has been recently painted and re-landscaped, is located at the end of a quiet cul de sac and just a short walk to Orangethorpe Elementary School. The property offers ample parking (2 spaces per unit) and a desirable host of features including central air conditioning and heating, fireplaces, gas ranges, dishwashers, large private balconies or patios in all but one unit, a laundry facility and a spacious park-like rear yard. The property has convenient access to both the 91 Freeway and Interstate 5. In addition to nearby neighborhood shopping and restaurants at the intersection of Brookhurst Street and Orangethorpe, residents are just 3 miles from the dominant retail/restaurant/entertainment hub in the city of Fullerton, home to Fullerton Metrocenter, Fullerton Town Center and Orangefair Marketplace. Businesses include Costco, Burlington, Marshalls, Best Buy, Target, Sprouts Market, Michael’s, Dollar Tree, AMC Theaters and numerous nationally branded restaurants. A short distance to the north of the property is Focus Area C of the Fullerton General Plan. This Focus Area is closely tied to the Fullerton Vision which lays out what the city hopes to promote through the implementation of its General Plan.

  • March, 2017

  • Mar 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $45,000

    Price

Show More

Tax History for 1819 W Houston Ave

Assessed Value (2020): $970,675
Year Land Value Improved Value Assessed Value
2020 $330,237 $640,438 $970,675

Home Value Compared to the Market

This property vs the competition

1819 W Houston Ave sold on November 12, 2021 for 395.94% higher than the current median sold price for the city of Fullerton which is $985,000. The median sold price per/sqft for Fullerton is $618 and this home is sold at $446.04 per/sqft which puts the price per square foot 27.83% lower than the current median sale per square foot for the city of Fullerton.

About 1819 W Houston Ave

Detailed summary of property

1819 W Houston Ave is a multi family that recently sold in Fullerton, CA 92833. This multi family property offered 24 bedrooms, 24 bathrooms, roughly 10,952 living square feet, and sits on an approximately 25,264 square foot lot. 1819 W Houston Ave was first listed on ArdentRealEstateGroup.com on July 13, 2021. The homeowner sold the property for $4,835,000. Home in Fullerton are selling for a median price of $985,000 and a median price per square foot of $618. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 395.94% higher than the current median priced home. Local homes that are currently for sale include 410 Clubhouse Ave, 1809 W Bay Ave and 1809 West Bay Ave. While the average home in Fullerton, CA is selling in 42 days, 1819 W Houston Ave has a days on market of 11 days. There are currently 176 homes for sale in the Fullerton real estate market and 130 of them are single family homes while 35 of them are condos and 11 are townhomes. For more information on this home for sale at 1819 W Houston Ave Fullerton, CA 92833 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 1819 W Houston Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
25,359
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
071-511-19

The source for these homes facts are from public records.

92833 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$589
Median Sold Price
$915,000
Median Sold Price/Sq.Ft.
$618
Total Inventory
65
Median Sale to List Price %
102.82%
Avg Days on Market
15
Loan Type
Conventional (37.5%), FHA (3.13%), VA (0%), Cash (31.25%), Other (28.13%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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