149 E Union Ave, Fullerton, CA 92832 (MLS # PW26067750)

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PRICE $3,135,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,246 sqft
LOT SIZE 8,712 sqft

Situated in one of Fullerton's most desirable residential pockets, this well-maintained apartment building offers a rare blend of location, quality upgrades, and future income growth. Nestled on a quiet street predominantly composed of single-family homes, the property benefits from a highly attractive tenant environment while still being within walking distance to the vibrant amenities of Downtown Fullerton, Fullerton College, and directly adjacent to Fullerton High School. The property has undergone extensive recent renovations, providing a turnkey investment opportunity with modernized interiors throughout. Each unit has been thoughtfully upgraded with new lighting fixtures, fully remodeled kitchens featuring updated cabinetry and appliances, and refreshed bathrooms with contemporary finishes. Interiors have been further enhanced with new texture and paint, creating a clean, cohesive, and modern living space across all units. Flooring has been upgraded with a combination of newer vinyl plank and carpet, offering both durability and comfort. Additionally, the building benefits from replaced windows, improving both energy efficiency and overall tenant appeal. Copper plumbing has also been done in recent years. Exterior improvements have also been completed, including a full restucco and repaint in 2022, significantly enhancing curb appeal and reducing near-term maintenance requirements. The property has also been professionally landscaped, contributing to an inviting and well-kept appearance that stands out within the neighborhood. From an investment standpoint, the asset presents a compelling opportunity for continued income growth. Current rents remain below market, offering clear upside potential for a new owner to increase cash flow over time. This makes the property ideal for both seasoned investors seeking stable returns with value-add potential, as well as newer investors looking for a strong, low-maintenance asset in a high-demand rental market. With its prime location, comprehensive renovations, and rental upside, this Fullerton apartment building represents a rare opportunity to acquire a high-quality multifamily asset in one of North Orange County's most sought-after rental markets.

DAYS ON MARKET 1 LAST UPDATED 3/31/2026
TRACT Other YEAR BUILT 1962
COMMUNITY 83 - Fullerton GARAGE SPACES 8.0
COUNTY Orange STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Gas Cooktop, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator
AREA 83 - Fullerton
GARAGE Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s)
LOT 8712 sq ft
LOT DIMENSIONS 8712
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Other
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
WATER Public
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Listed with John Lewis Ybarra, Realtors

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/1/26 4:54 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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