529 Williamson Ave, Fullerton, CA 92832
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529 Williamson Ave Fullerton, CA 92832

$1,650,000 Sold Price as of 11/08/2021
  • 9 Beds
  • 5 Baths
  • 4,056 Sq.Ft.
Sold
$1,650,000 Sold Price as of 11/08/2021 Refinance Your Mortgage

Map preview of 529 Williamson Ave, Fullerton, CA 92832

Property Overview: 529 Williamson Ave Fullerton, CA has 9 bedrooms, 5 bathrooms, 4,056 living square feet and 8,433 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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 [email protected] to request Offering Memorandum with investment details. Drive by only. Please do not disturb the tenants.

Listed by Tzu-ning Chang | BRE #02028509 | Keller Williams Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
8,433
HOA Dues
$0/mo
Year built
1957
Garage
5 Car
Property Type:
Apartment
Status
Sold
MLS#
P1-6235
City
Fullerton
County
Orange
Time on Site
1005 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $21,000
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,800
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,800
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Total Rent: $1,750
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: $1,320
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $101,000
  • Net Operating Income: $62,000
  • Gross Operating Income: --
  • Laundry Income: $600
Annual Expense Breakdown
  • Total Operating Expense: $36,000
  • Electric: $50
  • Gas/Fuel: $50
  • New Taxes: $23,600
  • Trash: $1,200
  • Gardener: $1,200
  • Insurance: $2,000
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $4,200
  • Other Expenses: $1,300

Property Details for 529 Williamson Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway, Garage, Street
Lot Information
  • Lot Size Source: Other
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 03208213
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Other
  • Other Subdivision Name: W COMMONWEALTH AVE / N WOODS AVE
  • Directions: Between Chestnut Pl & Richman Ave, 1 block from Commonwealth Ave.
Neighborhood Information
  • Community Features: Park
View more facts & features

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Sale History for 529 Williamson Ave

Last sold for $1,204,000 on April 29th, 2019
  • February, 2021

  • Feb 7, 2021

    Date

    Expired

    CRMLS: AR20032925

    $1,598,000

    Price

  • Jun 6, 2020

    Date

    Price Change

    CRMLS: AR20032925

    $1,598,000

    Price

  • Feb 14, 2020

    Date

    Active

    CRMLS: AR20032925

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    529 Williamson, a 5-unit value-add apartment investment opportunity located in the highly desirable city of Fullerton. Fullerton is a college town, apartment market has been known as a “low inventory” market as there are limited numbers of multifamily offers for sale. The property is located on a quiet residential street. It is a garden style apartment community with a well maintained courtyard and situated on a good sized lot. The building has a good curb-appeal and manicured landscaping. The property has an attractive unit mix with 4 x 2bed/1bath, and 1 x 1bed/1bath. All the units are rented to long-time tenants and offer rental upside potential. Some of the units have recent remodeling, including: newly installed laminate flooring, replaced water heaters, bathtub, ceiling fans, etc. The property is separately metered for electricity and gas, offering secured entrance. Separate on-site coin-operated laundry for additional income. Parking is provided by 5 garage spaces and 2 open spaces in the back. Short Distance to downtown Fullerton, City Hall, Cal State U Fullerton, 57 FWY & 91 FWY, Schools, Shopping, Restaurants & Parks.

  • April, 2019

  • Apr 29, 2019

    Date

    Sold

    CRMLS: 18380354

    $1,204,000

    Price

  • Feb 28, 2019

    Date

    Active Under Contract

    CRMLS: 18380354

    $1,279,999

    Price

  • Jan 18, 2019

    Date

    Price Change

    CRMLS: 18380354

    $1,279,999

    Price

  • Dec 31, 2018

    Date

    Expired

    CRMLS: 18380354

    $1,299,999

    Price

  • Nov 15, 2018

    Date

    Price Change

    CRMLS: 18380354

    $1,299,999

    Price

  • Sep 20, 2018

    Date

    Price Change

    CRMLS: 18380354

    $1,399,999

    Price

  • Aug 29, 2018

    Date

    Active

    CRMLS: 18380354

    $1,449,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2019

  • Mar 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,204,000

    Price

  • July, 2018

  • Jul 25, 2018

    Date

    Expired

    CRMLS: OC18082953

    $1,499,998

    Price

  • May 18, 2018

    Date

    Price Change

    CRMLS: OC18082953

    $1,499,998

    Price

  • Apr 16, 2018

    Date

    Price Change

    CRMLS: OC18082953

    $1,560,000

    Price

  • Apr 11, 2018

    Date

    Active

    CRMLS: OC18082953

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Williamson Avenue Apartments is a 5-unit multifamily investment property located in the city of Fullerton, California. Residents enjoy the property's close proximity to schools, parks, and local retail centers. Situated on a 0.19-acre lot, the 4,056 square foot property consists of one- and two-bedroom floor plans. Built in 1957, the property offers on-site laundry and garage parking. The property is located less than one mile from many schools and parks such as Richman Elementary School, Amerige Park, Ford Park, and Independence Park. The property is less than half a mile from Fullerton Union High School and just over one mile from Fullerton College. Williamson Avenue Apartments is less than half a mile from the Fullerton Public Library and just over half a mile from Downtown Fullerton which offers local boutiques and restaurants. The property is situated just over half a mile from the Fullerton Amtrack Station and one mile from California State Route 91 providing residents with convenient access to employment hubs in nearby cities.

  • July, 2003

  • Jul 15, 2003

    Date

    Sold (Public Records)

    Public Records

    $532,000

    Price

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Tax History for 529 Williamson Ave

Assessed Value (2020): $672,142
Year Land Value Improved Value Assessed Value
2020 $530,992 $141,150 $672,142

Home Value Compared to the Market

This property vs the competition

529 Williamson Ave sold on November 8, 2021 for 71.57% 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 $416.67 per/sqft which puts the price per square foot 32.58% lower than the current median sale per square foot for the city of Fullerton.

About 529 Williamson Ave

Detailed summary of property

529 Williamson Ave is a apartment that recently sold in Fullerton, CA 92832. This apartment offered 9 bedrooms, 5 bathrooms, roughly 4,056 living square feet, and sits on an approximately 8,433 square foot lot. 529 Williamson Ave was first listed on ArdentRealEstateGroup.com on August 17, 2021. The homeowner sold the property for $1,650,000. 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 71.57% higher than the current median priced home. Local homes that are currently for sale include 420 S Melrose St, 825 S Claudina St and 938 S Gilbuck Dr. While the average home in Fullerton, CA is selling in 42 days, 529 Williamson Ave has a days on market of 21 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 529 Williamson Ave Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 529 Williamson Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
624
Lot Size
8,433
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
032-082-13

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$828,000
Median List Price/Sq.Ft.
$620
Median Sold Price
$835,000
Median Sold Price/Sq.Ft.
$640
Total Inventory
20
Median Sale to List Price %
101.21%
Avg Days on Market
17
Loan Type
Conventional (54.55%), FHA (0%), VA (0%), Cash (18.18%), Other (27.27%)

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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.