Two-Home Duplex with
For Sale
$899,999
Pending
513 Williamson Ave, Fullerton, CA 92832
Residential Income, Traditional, Fullerton, CA
Property Size2,050 SF
Lot Size0.18 Acres
Days on Market18
Property Features for 513 Williamson Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4
Parking
4
Parking features
Driveway, Garage
Directions
Waze.com
Subdivision
Fullerton
Standard status
Pending
APN
032-082-17
Size
2,050 SF
Lot size
0.18 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Window Unit(s)
Building Details
Floors in Building
1
Number of units
2
Architectural style
Other
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Carlos Villegas · License #01775788
(661) 619-7335
Added: Aug 24
Changed: Sep 9
Last Checked: Sep 10 at 9:06AM
MLS# 26875315
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Fullerton duplex consists of two detached homes on a 0.1758-acre lot, with 2,050 square feet of total property size. The larger residence includes three bedrooms, two bathrooms, and a two-car garage. The second home offers two bedrooms, one bathroom, and a detached one-car garage. Driveway parking is also provided.
Both residences are tenant occupied, and each has separate gas and electric metering. Tenants are responsible for their individual gas and electricity utilities. The property is located in Fullerton near Downtown Fullerton restaurants and entertainment, with Costco, theaters, shopping, and other everyday conveniences also identified in the surrounding area.
Both residences are tenant occupied, and each has separate gas and electric metering. Tenants are responsible for their individual gas and electricity utilities. The property is located in Fullerton near Downtown Fullerton restaurants and entertainment, with Costco, theaters, shopping, and other everyday conveniences also identified in the surrounding area.
Key Highlights
- Two detached homes on one 0.1758‑acre lot
- 2,050 square feet of total property size
- Three‑bedroom, two‑bath home with a 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,091
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$741,820
$741.8K
Cap Rate 7%
$529,871
$529.9K
Cap Rate 9%
$412,122
$412.1K
Market Conditions
NOI Build-Up for 2,050 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.4K $27.00/SF
− Vacancy
−$2.4K −$1.15/SF
EGI
$53.0K $25.85/SF
− OpEx
−$15.9K −$7.75/SF
NOI
$37.1K $18.09/SF
Area
Fullerton, CA
Vacancy
4.27%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$741,820
Cap Rate 7%
$529,871
Cap Rate 9%
$412,122
Alternative Uses
Best Use
Multifamily LT 5
$529.9K
$463.6K – $618.2K
NOI $37,091 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$659.2K
$576.8K – $769.1K
NOI $46,144 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,225
Businesses Nearby
Explore this area
Business Placement
Demographics for 92832, CA
26,277
Population
9,170
Households
2.9
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
2.9 sq mi
ZIP Area
9,061
Density / Sq Mi
$92,588
Median Household Income
$42,634
Median Earnings
$2,027
Median Rent
$773,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two detached residences are currently occupied and separately metered for gas and electricity.
Where is this duplex located?
The property is located at 513 Williamson Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two detached homes on one 0.1758‑acre lot; 2,050 square feet of total property size; Three‑bedroom, two‑bath home with a 2‑car garage
