109 S Vermont Avenue, Fullerton, California 92833, Fullerton, 92833 - 2 bed, 1 bath

109 S Vermont Avenue, Fullerton, California 92833 home-pic-0
ACTIVE UNDER CONTRACT$700,000
109 S Vermont Avenue, Fullerton, California 92833
2Beds
1Bath
999Sqft
6,099Lot

Price Vs. Estimate

The estimated value ($639,442.91) is $60,557.09 (8%) lower than the list price ($700,000). This property may be overpriced.

Key pros and cons

Top Pros:
Value-Add Opportunity: The property is explicitly marketed as a 'blank canvas' with 'endless potential for renovation, expansion, or complete customization,' making it ideal for investors, flippers, or end-users seeking a project.
Top Cons:
As-Is Sale Condition: The property is sold strictly 'as-is' with no repairs or credits from the estate, indicating that buyers must be prepared for immediate and potentially significant renovation costs.

Compared to the nearby listings

Price:$700.0K vs avg $1.01M ($-310,000)3%
Size:999 sqft vs avg 1,754.5 sqft10%
Price/sqft:$701 vs avg $66663%

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, this property is over 70 years old and is explicitly marketed as an 'as-is' 'blank canvas' requiring significant renovation and 'substantial capital investment for modernization' of major systems and finishes. The exterior image shows an aged structure with an older roof and dated curb appeal. Without interior photos, the description strongly implies that the kitchen and bathroom are original or very outdated, necessitating complete overhauls. This aligns with the 'poor' condition criteria, indicating substantial repairs and rehabilitation are required.
Year Built
1952
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$701
HOA
-
Days on market
-
Sold On
-
MLS number
OC25166806
Home ConditionPoor
Features
View-

About this home

Welcome to 109 S. Vermont Ave, a rare opportunity to transform this property into your dream home or next investment project. This single family residence sits on a generous 6,000 sq ft lot, offering endless potential for renovation, expansion, or complete customization. Whether you're an investor, flipper, or end-user looking for a project, this home is a blank canvas ready for your vision. The property is being sold as-is, with no repairs or credits from the estate. Conveniently located near local shops, restaurants, schools, and major freeways, this home combines value-add potential with an unbeatable Fullerton location. Don’t miss this unique chance to unlock value in one of Fullerton’s most established neighborhoods.

Condition Rating
Poor

Built in 1952, this property is over 70 years old and is explicitly marketed as an 'as-is' 'blank canvas' requiring significant renovation and 'substantial capital investment for modernization' of major systems and finishes. The exterior image shows an aged structure with an older roof and dated curb appeal. Without interior photos, the description strongly implies that the kitchen and bathroom are original or very outdated, necessitating complete overhauls. This aligns with the 'poor' condition criteria, indicating substantial repairs and rehabilitation are required.
Pros & Cons

Pros

Value-Add Opportunity: The property is explicitly marketed as a 'blank canvas' with 'endless potential for renovation, expansion, or complete customization,' making it ideal for investors, flippers, or end-users seeking a project.
Generous Lot Size: A substantial 6,099 sq ft lot provides ample outdoor space for landscaping, potential expansion of the existing structure, or adding amenities.
Prime Fullerton Location: Conveniently situated in an 'unbeatable Fullerton location,' near local shops, restaurants, schools, and major freeways, enhancing its desirability and future appreciation potential.
Established Neighborhood: Located in 'one of Fullerton’s most established neighborhoods,' which typically offers stability, good community infrastructure, and a desirable living environment.
Single-Family Residence: As a detached single-family home, it offers greater privacy, independence, and potential for property value growth compared to other housing types.

Cons

As-Is Sale Condition: The property is sold strictly 'as-is' with no repairs or credits from the estate, indicating that buyers must be prepared for immediate and potentially significant renovation costs.
Limited Living Space: With only 999 sq ft of interior space and a 2-bedroom, 1-bathroom configuration, the home offers compact living quarters that may not suit larger families or those desiring more expansive layouts.
Age of Property: Built in 1952, the home is over 70 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC) and finishes are likely original or outdated, requiring substantial capital investment for modernization.

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