$2,525,000

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