2312 Commonwealth, Fullerton, CA 92831

$5,795,000

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List Price
$5,795,000
Status
COMING SOON
MLS#
OC26218525
Year Built
1959
Lot Size
24,632
Acres
0.57
Lot Location
16-20 Units/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Cal State Fullerton

Property Description

The property consists of (20) 1 Bedroom / 1 Bath units situated on two parcels of land, with a large central courtyard that may provide potential for multiple ADUs. The property offers 24 total parking spaces, including 10 two-car garages and four additional spaces. The garages may also provide future ADU conversion potential, creating an opportunity to add units and enhance long-term value. Ideally located just 0.9 miles from Cal State Fullerton and approximately 2.1 miles from Downtown Fullerton, the property benefits from strong rental demand and excellent long-term investment appeal.

Additional Information

Pool Description
None
Garage Spaces Total
20
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
20
Gross Scheduled Income
$501,600
Operating Expense
153997

Listing courtesy of Listing Agent: Pat Swanson (pat.swanson@streamrealty.com) from Listing Office: Pat Swanson.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.