149 E Union Avenue, Fullerton, CA, CA 92832
- $2,400,000
- List Price
- $2,400,000
- Status
- ACTIVE
- MLS#
- OC26203790
- County
- Orange
- Year Built
- 1962
- Building Square Feet
- 5,247
- Square Feet
- 10,018
- Days on Market
- 44
- Property Type
- Multifamily
- 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.
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Additional Information
- Parcel Number
- 02904314
- Common Interest
- Community Apartment
- Gross Scheduled Income
- $176,700
- Operating Expense
- 61157
- Net Operating Income
- $111,942
- Number of Buildings
- 1
- Lot Features
- Street Level
- Garage Spaces Total
- 3
- Carport Spaces
- 8
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Curbs, Gutter(s), Street Lights, Sidewalks
Listing courtesy of Listing Agent: Christian Tait (christian.tait@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.
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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.