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Williamson Ave Apartments Sell for $2.2M

Family Trust Acquires 10-Unit Multifamily in Fullerton
November 11, 2011
Eugenia Lipets sold the 10-unit apartment building at 508-512 William Ave. in Fullerton, CA to the Kim Family Trust for $2,295,000, or $229,500 per unit.

The 10,600-square-foot multifamily building was constructed in 1991 on four-tenths of an acre in the Fullerton Office Complex submarket of Orange County. Unit amenities include washer/dryer hookups, two- and three-car garages, and patios. Only one unit was reported vacant at time of sale.

Jay Skenderian of Morgan-Skenderian Investment Real Estate Group represented the seller. Grant Hahn, also with Morgan-Skenderian, represented the buyer.

For more information on this transaction, please see CoStar COMPS #2203006.

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