1012 Maertin Lane, Fullerton, California 92831, Fullerton, 92831 - 5 bed, 3 bath
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Fullerton, California 92831
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $999,900—positioned well below the $1,079,113 Fair Market Value by 7%. This valuation gap offers $79,213 in Instant Equity. Featuring a newly permitted 2025 JADU and a Condition Rating of 2, the home offers immediate rental income potential. Located 0.2 miles from Troy High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing school district and flexible, modern living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Maertin Lane Subject | $999,900* List Price | 5 | 3 | 2,169 | $522 | - |
A 2033 E Fern Sold | $1,220,000 | 4 | 2 | 2,055 | $594 | 0.1 mi |
B 219 Ladera Vista Sold | $1,244,270 | 4 | 3 | 2,513 | $495 | 0.6 mi |
C 300 Concord Avenue Active Under Contract | $999,999 List Price | 3 | 2 | 1,700 | $588 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a comprehensive high-end renovation within the last 5 years and includes a brand-new 2025 JADU conversion. The main kitchen and baths feature modern quartz countertops, stainless steel appliances, and contemporary tiling. Systems are updated with new attic insulation, a reverse osmosis system, and dedicated HVAC for the JADU, making it move-in ready with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1417.
Located just 0.2 miles from the prestigious Troy High School, this property offers exceptional value for families seeking access to one of the top-performing high schools in the state.
Featuring a newly permitted JADU and a large 8,800 sq. ft. corner lot, the property provides immediate rental income potential and significant space for further ADU development.
The conversion of the original two-car garage into a JADU eliminates covered parking and traditional garage storage, which may be a drawback for buyers with multiple vehicles.
With four bedrooms configured within approximately 1,417 square feet, the individual room sizes may feel restrictive for buyers prioritizing spacious living quarters.
Located just .02 miles (about a 4-minute walk) from Troy High School, this property features a spacious main residence, a newly built JADU, a large corner lot with ADU potential, and premium smart-home and wellness upgrades. Set within the Troy High School boundary (Fullerton Joint Union High School District). Per the school's profile, Troy reported 4,200 AP exams with a 97% pass rate in May 2025, a 96% college/university enrollment rate, and a 76% UC acceptance rate. The main house offers a bright, open floor plan with 5 bedrooms, 3 bathrooms, and 2,169 sq ft. Recessed lighting highlights the living areas and bedrooms. The kitchen features ample cabinetry, a gas range, stainless steel appliances, and quartz countertops. A bedroom near the entry includes a brick fireplace, an expansive window overlooking the side yard, and a side window overlooking the front yard, offering corner office potential. The primary bedroom offers a wall-to-wall closet with mirrored doors, direct access to an updated bathroom with a glass-enclosed shower, and an expansive window overlooking the backyard. The third bedroom features an expansive window overlooking the backyard. The fourth bedroom includes a library wall (floor-to-ceiling built-in bookshelves) with a centered window, and a large glass door leading to the side yard patio. Additional features include a second full bathroom, a sunroom, and two laundry rooms (one with a sink). Completed in late 2025, the permitted JADU (a seamless garage conversion) offers excellent rental income. Features include 1 bed, 1 bath, recessed lighting, a full kitchen with an electric range, dedicated laundry, a 50-gallon water heater, and independent A/C. A back door opens directly to a side yard patio. Smart-home and wellness upgrades include an EV (electric vehicle) charger, a Hardwired power security camera system monitoring the front yard, entrance, and gate, plus new attic insulation, new air ducts, and a Reverse Osmosis water filtration system. The large corner lot features a front yard outside the perimeter walls, plus a privately enclosed backyard and two side yards. Enjoy mature landscaping, a storage outbuilding, and two patios. Crucially, the lot size and layout provide excellent potential for additional ADU development.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,169 | 2,030 |
| Lot Size | 8,800 | 7,495 |
| Price | $999.9K | $1.28M |
| Price per sq ft | $461 | $660 |
| Built year | 1955 | 1961 |
| HOA | $0 | $220 |
| Days on market | 33 | 43 |
Jun 19, 2026
$999,900
Initial Listing
Nov 9, 2021
$790,000
Public Record