149 E Union, Fullerton, CA 92832 | MLS #PW26067750 | Willis Allen Real Estate
 
  • 90 days on site
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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.

Source: CRMLS, MLS#: PW26067750

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  • Property Type
    Residential Income
  • Lot
    0.20 acres

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  • Median Age
    34
  • Population Density
    9,231
  • College Educated
    39%
  • Estimated Median Income
    $68,287
  • Estimated Total Home Owners
    3,033
  • Estimated Total Renters
    4,922
  • Owner / Renter Divide
    38% / 62%
  • Estimated Average Household Size
    3
  • Total Population
    25,887
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 149 E Union


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/13/2026Source: CRMLS Price Reduction
$2,950,000 -1.7%
4/27/2026Source: CRMLS Price Reduction
$2,999,999 -4.3%
3/31/2026Source: CRMLS Added to Database
March 31, 2026
Listing provided courtesy of John Lewis Ybarra, RealtorsAndrew Dighera- MLS# PW26067750MLS ProviderContact Information: [email protected] - 714-525-1818