Listing Agent: Charles Lee      Broker/Office: One Group Realty
215 Ash Avenue E Fullerton CA 92832
$ 900,000
  4   |    3   |    1748 Sq Feet

Listing ID

#PW26104821

Status

Active

Property Type

Triplex

County

Orange

Neighborhood

OTHER

Year Built

1908

Days on website

11

Description
Rare Income & Value-Add REDEVELOPMENT Opportunity in the Heart of Fullerton.

Located next to the MAPLE ELEMENTARY SCHOOL, this unique residential R3-zoned property offers exceptional upside potential with three (3) separate structures and three (3) individual utility meters. This property is a rare find in today’s market. Ideal for investors, owner-users, or buyers seeking long-term income growth, this property presents a compelling opportunity to create a multi-income residential asset.

The property features a front single-family residence with 2 bedrooms and 1 full bathroom, approximately 1078 sq ft (approx), plus two additional detached structures located in the backyard, each with separate utility meters. With proper buyer due diligence, the layout and infrastructure provide strong potential for conversion into a 3-unit rental configuration.

Situated in a high-demand rental area, the property is adjacent to an elementary school and conveniently located near Downtown Fullerton, Fullerton College, Cal State Fullerton, and is within quick access to the 91 and 57 freeways. The generous yard area between the main house and rear structures offers additional flexibility for outdoor living, parking, or future enhancements.

Just imagine the REDEVELOPMENT OPPORTUNITIES to own a property with built-in infrastructure for multiple income streams in one of Fullerton’s most desirable and centrally located neighborhoods.
Location
Financial Information
List Price:  $ 900000
Property Features
Accessibility Features:  Parking
Community Features:  Suburban
Foundation Details:  Raised
High School District:  Fullerton Joint Union High
Interior Features:  Unfurnished
Levels:  One
Lot Features:  Level, Paved, Trees, Walkstreet
Parking Features:  Concrete, Driveway, Garage
Property Condition:  Fixer
Road Surface Type:  Paved
Roof:  Shingle
Senior Community YN:  false
Structure Type:  Triplex
Water Source:  Public
High School District:  Fullerton Joint Union High
Senior Community YN:  false
MLS Area Major:  83 - Fullerton
City:  Fullerton
Listed By:   Charles Lee   One Group Realty 
CA Lic#