Skip to main content

Multifamily

1819 W Houston Ave

1819 W Houston Ave, Fullerton, CA 92833

Listing Price: $4,885,000

Cap Rate
3.47%
Number of Units
12
Price/Unit
$407,083
Price/Gross SF
$446.04
Gross SF
10,952

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1819 West Houston Avenue, a 12-unit multifamily investment property located in Fullerton, one of the premier rental submarkets in Orange County. Built in 1990, 1819 West Houston Avenue contains an attractive unit mix consisting exclusively of two-bedroom units. Situated on a 0.58-acre lot, the property offers amenities including private patios and balconies, central A/C and heat, fireplaces, reserved carport and uncovered parking, a large shared backyard, and on-site laundry. 1819 West Houston Avenue has a excellent Fullerton location, positioned minutes away from major transportation corridors and an abundance of retail options, all of which help to generate rental demand for the property. 1819 West Houston Avenue offers an investor the ability to capture tenants seeking newer construction and a superb Fullerton location with convenient access to a wide variety of retail amenities, dining experiences, and entertainment venues. The overall demand for newer, well-located apartment buildings will be a major driver in creating strong returns and future value appreciation at 1819 West Houston Avenue.

Investment Highlights

  • A 12-Unit Multifamily Investment Property Located in Fullerton, a Thriving Rental Submarket in Orange County
  • The Property Consists Exclusively of Two-Bedroom Units
  • Unique Opportunity to Acquire Apartments Built in 1990
  • Amenities Include Private Patios and Balconies, Central A/C and Heat, Fireplaces, Reserved Carport and Uncovered Parking, a Spacious Shared Backyard, and On-Site Laundry
  • Positioned Adjacent to State Route 91 and 0.53 Miles from Interstate 5
  • Within a 2.15-Mile Radius of 6 Major Retail Centers in Buena Park and Fullerton

Exclusively Listed By

Listing Price: $4,885,000

Cap Rate
3.47%
Number of Units
12
Price/Unit
$407,083
Price/Gross SF
$446.04
Gross SF
10,952

Investment Highlights

  • A 12-Unit Multifamily Investment Property Located in Fullerton, a Thriving Rental Submarket in Orange County
  • The Property Consists Exclusively of Two-Bedroom Units
  • Unique Opportunity to Acquire Apartments Built in 1990
  • Amenities Include Private Patios and Balconies, Central A/C and Heat, Fireplaces, Reserved Carport and Uncovered Parking, a Spacious Shared Backyard, and On-Site Laundry
  • Positioned Adjacent to State Route 91 and 0.53 Miles from Interstate 5
  • Within a 2.15-Mile Radius of 6 Major Retail Centers in Buena Park and Fullerton

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1819 West Houston Avenue, a 12-unit multifamily investment property located in Fullerton, one of the premier rental submarkets in Orange County. Built in 1990, 1819 West Houston Avenue contains an attractive unit mix consisting exclusively of two-bedroom units. Situated on a 0.58-acre lot, the property offers amenities including private patios and balconies, central A/C and heat, fireplaces, reserved carport and uncovered parking, a large shared backyard, and on-site laundry. 1819 West Houston Avenue has a excellent Fullerton location, positioned minutes away from major transportation corridors and an abundance of retail options, all of which help to generate rental demand for the property. 1819 West Houston Avenue offers an investor the ability to capture tenants seeking newer construction and a superb Fullerton location with convenient access to a wide variety of retail amenities, dining experiences, and entertainment venues. The overall demand for newer, well-located apartment buildings will be a major driver in creating strong returns and future value appreciation at 1819 West Houston Avenue.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower