1116 West Avenue
Fullerton, CA, 92833 $ 2,525,000
Bedrooms-- Baths1.0 Sq 5,733 Monthly Estimate*
$ 17,440
Listed by Logan Perry, Marcus & Millichap RE Invest, logan.perry@marcusmillichap.com
for $2,525,000 with 1 full bath. This 5,733 square foot home was built in 1955 on a lot size of 0.35.
1116 West Avenue is a 10-unit multifamily property located in Fullerton, California. Built in 1955, the property consists of approximately 5,733 rentable square feet situated on a 0.35-acre lot. The balanced unit mix includes five two-bedroom/one-bathroom units and five one-bedroom/one-bathroom units, appealing to a broad renter base. The property also offers 10 single-car garages and an on-site laundry facility. Ownership has completed varying levels of interior improvements throughout the property. Units B, H, and J have been fully renovated, while Units A and F have been partially renovated. Additional upgrades include two dual-pane windows in Unit A, a re-enameled sink in Unit C, and a new ceiling fan in Unit E. With several units already improved and others retaining further renovation potential, a prospective buyer may have an opportunity to continue interior upgrades over time and further enhance the property's rental profile, subject to market conditions and applicable regulations. Ownership has also completed a broad range of capital and property improvements since 2021. These include privacy walls at the two-bedroom units, a new main drain cleanout, insulation in ceilings throughout all 10 units, a four-camera security system, new concrete and paving improvements behind the garages and laundry area, and SB 721 work completed in 2025. Three water heaters have been replaced and equipped with earthquake straps, while single-handle shower faucets have been installed throughout the property with the exception of Unit K. The laundry room has also received upgrades, including a new door, outlets, and switches. Situated in an established Fullerton residential neighborhood, 1116 West Avenue is surrounded primarily by single-family housing while remaining convenient to the area's major retail, recreational, and transportation amenities. Harbor Boulevard and Euclid Street provide nearby access to grocery-anchored shopping centers, restaurants, and everyday services, while Independence Park and area schools are also within close proximity. The property's central Fullerton location further provides convenient access to Interstate 5 and State Route 91.
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FeaturesGeneralSewer Public Sewer
HOA Fee 0
Garage Spaces 10
Pool Features None
Year Built 1955
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 185829
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Orange
Net Operating Income 113414
Operating Expense 66891
Insurance Expense 12000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 9000
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of West Avenue & Euclid Street
City Fullerton
Entry Location First level
Senior Community Y/N false
Number Of Units Total 10
MLS Area 83 - Fullerton
Lot Size Units Acres
Lot Size Square Feet 15246
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 612
Fuel Expense 451
Trash Expense 4091
Water Sewer Expense 4091
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Property Sub Type Additional Apartment
Taxes 27493
Cap Rate 4.49
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InteriorTotal Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features Street Level
Water Source Public
Total Parking 10
Lot Size Area 0.35
Number of Buildings 2
Building Area Total 5733
Lot Size Acres 0.35
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded FeaturesList ByMarcus & Millichap Re InvestBroker
logan.perry@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,440
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fullerton, CA
Average List Price $2,035,809
Percent of Sale Price 19%
About Fullerton, CA 139,502 Population
11% Since 2002
$ 70,499 Median Income
36.61 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/10/2026 | $2,525,000 | | Listed Price |