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149 E Union Ave
Fullerton, CA 92832 Downtown Fullerton

$2,400,000 USD

Apartments For Sale • 5,246 SF

Property Details

Property Type Apartments
Total Building Size 5,246 SF
Lot Size 0.23 AC
Building Class C
Year Built 1962
Cap Rate 4.66 %
Zoning C3

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Property Overview: 7-unit multifamily investment opportunity located at 149 East Union Avenue, Fullerton, CA.
                            
                                Building Specs: 5,247 sq. ft. of rentable space on a 0.23-acre lot (Built in 1962).
                            
                                Desirable Unit Mix: Features (4) 1-bed/1-bath units and (3) 2-bed/1-bath units.
                            
                                Ample Parking: 11 total spaces on-site (3 garage spaces and 8 carport/tuck-under spaces).
                            
                                Turnkey Interiors: 100% renovated units featuring white shaker-style cabinetry, modern countertops, stainless-steel appliances, & updated bathrooms.
                            
                                Major Exterior & System Upgrades: Significant expenditures include copper plumbing, new windows, new landscaping, and a full restucco in 2022.

Financial Summary (Actual)

Net Operating Income: $111,942 USD (2026)

Cap Rate:	4.66 %
Total Expenses:	$61,157 USD

Amenities

Balcony
Laundry Facilities

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	3 min	16 min	0.8 mi
Buena Park (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.3 mi
Transit/Subway	Drive	Walk	Distance
Fullerton (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	4 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	26 min	-	18.8 mi
Long Beach (Daugherty Field)	32 min	-	20.9 mi
Ontario International	40 min	-	28.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Tyler Leeson 714-713-9086 Marcus & Millichap

149 E Union Ave Fullerton, CA 92832 Downtown Fullerton