1909 E WILSHIRE, Fullerton, CA 92831

Property Description

1901-1909 E Wilshire Apartments is a well-maintained, 14-unit multifamily investment opportunity located in the heart of Fullerton, California, one of Orange County’s most dynamic rental markets. The property is situated in a quiet residential neighborhood minutes from California State University Fullerton (CSUF), Fullerton College, and downtown Fullerton’s retail and entertainment corridor. Constructed in 1958, this two-story, low-rise complex features a desirable primarily of one-bedroom, one-bath units approximately 500 square feet each. Many units include garage parking or off-street stalls and access to an on-site laundry facility. The property sits on an approximately 17,500 square-foot parcel, offering landscaped common areas and strong curb appeal consistent with classic mid-century multifamily architecture. Investment Highlights: Prime Fullerton Location. Located less than 1.5 miles from Cal State Fullerton and close to major employment centers, shopping, and transportation corridors, the property benefits from continuous tenant demand and limited turnover. The current unit mix and occupancy trends reflect steady cash flow with potential for additional rental growth through modest cosmetic updates. Attractive Scale for Private Investors: Fourteen units provide operational efficiency while remaining manageable for individual or small-portfolio investors seeking an income-producing Orange County asset. Fullerton’s multifamily vacancy rates remain below the county average, supported by a deep renter pool including university students, faculty, and professionals commuting to surrounding employment hubs in Anaheim, Brea, and Irvine. Fullerton is a mature, infill city within northern Orange County, offering a blend of residential stability and economic vibrancy. The property’s proximity to Cal State Fullerton and Downtown Fullerton ensures a consistent rental base and strong rent growth trajectory. The area features an array of amenities—restaurants, grocery stores, entertainment venues, and public transit—within short distance. Major employers nearby include California State University Fullerton, St. Jude Medical Center, Raytheon, and Beckman Coulter. The city’s ongoing infrastructure investments and housing demand continue to make Fullerton one of Orange County’s most resilient submarkets. This opportunity is ideally suited for private investors or exchange buyers seeking a well-located, mid-scale Orange County apartment asset.