
Fullerton, California 92831
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,990—positioned well below the $1,366,265 Fair Market Value by 4%. This valuation gap offers $66,275 in Instant Equity. Featuring a Condition Rating of 3, the home combines modern interior updates with ADU Development Potential and a massive 12,480 sqft lot. Located in the Fullerton Joint Union High district, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 Dorothy Subject | $1,299,990* List Price | 3 | 3 | 2,173 | $629 | - |
A 907 Harmony Lane Sold | $1,410,000 | 3 | 2 | 1,983 | $711 | 0.3 mi |
B 712 Toussau Sold | $1,600,000 | 4 | 3 | 2,160 | $741 | 0.5 mi |
C 1118 N Cornell Avenue Sold | $1,370,000 | 3 | 2 | 2,077 | $660 | 0.2 mi |
D 807 Dorothy Lane Sold | $1,326,000 | 4 | 3 | 2,405 | $551 | 0.4 mi |
E 1219 N Raymond Avenue Sold | $1,450,000 | 4 | 3 | 2,105 | $689 | 0.1 mi |
F 1941 Valwood Drive Sold | $1,430,000 | 4 | 3 | 2,041 | $701 | 0.9 mi |
G 804 E Glenwood Sold | $1,355,000 | 5 | 4 | 2,010 | $674 | 0.4 mi |
H 1018 Stanford Avenue Sold | $1,100,000 | 4 | 2 | 1,835 | $599 | 0.2 mi |
I 1006 N Cornell Pending | $1,248,000 List Price | 4 | 3 | 2,146 | $582 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1956, the home features a modernized interior with an updated open-concept kitchen including white shaker cabinets and a large island. The presence of recessed lighting, updated flooring, and a clean aesthetic suggests a renovation within the last 5-15 years, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12480, living area = 2173.
The property features city-approved plans for an Accessory Dwelling Unit (ADU), providing a significant value-add opportunity for multi-generational living or rental income.
Situated on a generous 12,480 sqft lot, the property boasts a mature private orchard with a variety of fruit trees including avocado, citrus, and fig.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2173, other record living area = 1670. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1956 and retaining its original '1950s accents,' the home likely requires substantial modernization and cosmetic updates to meet contemporary standards.
Marketed as having 'so much potential,' the property may require a significant additional financial investment beyond the $1.299M list price to realize its full value.
Welcome to one of Fullerton's most desirable neighborhoods. This home offers so much potential! The lot has fruit trees galore! ( orange, avocado, donut peach, guava, fig and apricot trees). ADU was approved by the city. The location of this home is not far from Downtown Fullerton, Cal State Fullerton, Fullerton Loop, Laguna Lake and so much more! 1950's accents and charm through out the home with beautiful rolling hills, top rated schools walking trails etc.... come see for yourself and don't miss this opportunity to live in a home with California charm!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,173 | 2,030 |
| Lot Size | 12,480 | 7,495 |
| Price | $1.30M | $1.28M |
| Price per sq ft | $598 | $660 |
| Built year | 1956 | 1961 |
| HOA | $0 | $220 |
| Days on market | 19 | 43 |
Jul 3, 2026
$1,299,990
Initial Listing
Nov 23, 2010
$500,000
Public Record