In Escrow Properties

Magnolia Garden Apartments

2030 - 2036 East Whiting Avenue, Fullerton, CA 92831

Property Description


Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Magnolia Garden Apartments, a 14-unit multifamily investment property located in Fullerton, one of the strongest rental markets in Southern California.

Situated on a 0.37-acre lot, the 10,368 square foot property consists of 6, one-bedroom units and 8, two-bedroom units and offers amenities including garage parking, a spacious courtyard, security doors, and on-site laundry.

Magnolia Garden Apartments benefits from a prime Fullerton location which is within walking distance to California State University, Fullerton, just one mile from Fullerton College and Fullerton High School, and under two miles from Downtown Fullerton. In addition, Magnolia Garden Apartments’ strategic location, in close proximity to State Routes 57 and 91, provides residents with convenient access to employment hubs throughout Los Angeles, Orange, and Riverside Counties.

The average household income in Fullerton is projected to grow by 14.85 percent to $123,663 by 2023 and the vacancy rate within a one mile radius of the subject property is just 2 percent. Furthermore, Fullerton’s average effective rents have increased by 5.7 percent year-over-year since fourth quarter 2018.

Given the strong market dynamics and rental demand, as well as the property’s fantastic location, Magnolia Garden Apartments is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.

Property Highlights


  • The property consists of one- and two-bedroom units and offers amenities including garage parking, a spacious courtyard, security doors, and on-site laundry.
  • Magnolia Garden Apartments is within walking distance to Ladera Vista Junior High School, California State University, Fullerton, and Troy High School, and is just one mile from Fullerton College and Fullerton High School providing residents with convenient access to a variety of education centers.
  • In addition, the property is just one block away from the Chapman Avenue Shopping Center, College Plaza, and Campus Shopping Center whose tenants include Smart & Final, CVS, Dollar Tree, Panera Bread, 99 Cents Only Stores, Subway, Bank of America, and more. The property's close proximity to nearby retailers and education centers provide easy access to residents' every day needs.
Status: In Escrow
Year Built: 1960
Price: N/A
No. of Units: 14
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Presented by
David Yeh
First Vice President
949-419-3288
CA license: 01812690
Tyler C. Leeson
Senior Managing Director
949-258-4539
CA license: 01451551