
Fullerton, California 92832
This Triplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $1,295,000—positioned well below the $1,318,310 Fair Market Value by 1.77%. This valuation gap offers $23,310 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern interior updates while retaining room for further system modernization. Its 8,712 sqft lot provides significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in a high-demand Fullerton location.
Property is move-in ready.
Although built in 1966, the interior shows a recent renovation (likely within the last 5 years) featuring modern laminate flooring, updated shaker-style kitchen cabinets, and quartz countertops. The property appears move-in ready, though the presence of older wall heaters and popcorn ceilings keeps it from an 'Excellent' rating.
As a triplex in the high-demand Fullerton market, this property offers immediate rental income potential and long-term stability for residential income investors.
The substantial 8,712 square foot lot provides ample space for tenant parking and outdoor areas, or potential future value-add opportunities such as an ADU.
Located in the Fullerton Heights area, the property is ideally positioned near downtown amenities, transportation hubs, and major employment centers, ensuring low vacancy rates.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8807.
Built in 1966, the property may require significant capital expenditures for modernizing systems and cosmetic updates to achieve top-of-market rental rates.
At a list price of $1,295,000 for 2,152 square feet, the price per square foot is relatively high, requiring a thorough analysis of current rent rolls to ensure a favorable cap rate.
Exceptional opportunity in Fullerton. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,152 | 2,503 |
| Lot Size | 8,712 | 7,440 |
| Price | $1.29M | $1.19M |
| Price per sq ft | $602 | $480 |
| Built year | 1966 | 1936 |
| HOA | $0 | $0 |
| Days on market | 51 | 100 |
Sep 4, 2026
$1,295,000
Initial Listing