529 Williamson Avenue

Description

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 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.