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124 N Princeton Avenue, Fullerton, California 92831, Fullerton, 92831 - bed, bath

124 N Princeton Avenue, Fullerton, California 92831 home-pic-0
ACTIVE$1,190,000
124 N Princeton Avenue, Fullerton, California 92831
0Bed
0Bath
1,804Sqft
6,408Lot
Year Built
1975
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$660
HOA
-
Days on market
-
Sold On
-
MLS number
RS25152846
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.19M(22th), sqft - 1804(22th), beds - undefined(50th), baths - undefined(50th).

Back on the market! An exceptional investment opportunity for an investor or homeowner! 2 houses on a lot located in the heart of Fullerton historical downtown. New roof for both houses. Live in one house and rent out the second house. Front house is a single family home, 3 bedrooms, 1 bath, hardwood floor, kitchen with granite counter top, inside laundry with 1,119 sq.ft. living space built in 1927. Second house is built in 1975, 2 bedrooms 1 bath with upgraded shower and vanity, hardwood floor, approx. 685 sq.ft. living space built on upper level, ground level is 3 separate car garage. (Total is 5 bedrooms and 2 bathrooms, approx.1,804 sq.ft.). 2 separate electric and gas meter. Spacious 6,408 sq. ft. lot size offers a nice long driveway, separate wood fence, and large grassy areas for tenants' comfort, or simply enjoying the spacious yard for relaxation and gatherings. It is close proximity to downtown Fullerton, popular restaurants, specialty stores, entertainment options, and more. Conveniently situated near Fullerton College, Cal State Fullerton, and Fullerton transportation center. Easy access to freeways. This unique property is perfect for comfortable living or investment purposes that promise lasting returns! DO NOT MISS IT!!

Price History

Date
Event
Price
07/08/25
$1,190,000
Condition Rating
Fair
This property consists of two houses with different built years (1927 and 1975) and varying levels of updates. While both houses benefit from a new roof and hardwood floors, the interior conditions are mixed. The front house (1927) features a kitchen with granite countertops and stainless steel appliances, and an updated bathroom, suggesting renovations within the last 15-30 years. However, the second house (1975) has a dated kitchen with older appliances and white countertops, which would likely require immediate updating. Its bathroom has an upgraded shower and vanity, indicating a more recent partial renovation. Overall, the property is aged but maintained with occasional updates, fitting the 'fair' category as it requires minor updates (especially the second kitchen) to meet modern standards.
Pros & Cons

Pros

Exceptional Investment Opportunity: The property features two separate houses on one lot with individual electric and gas meters, offering significant potential for rental income or owner-occupancy with supplementary income.
Prime Downtown Location: Situated in the heart of Fullerton's historical downtown, providing convenient access to popular restaurants, specialty stores, entertainment, Fullerton College, Cal State Fullerton, and transportation centers.
Recent Major Capital Improvement: Both houses have new roofs, a significant upgrade that reduces immediate maintenance concerns and adds long-term value.
Spacious Lot and Outdoor Space: A generous 6,408 sq. ft. lot offers a long driveway, separate wood fencing, and large grassy areas, enhancing comfort and appeal for residents.
Partial Interior Upgrades: Both units feature hardwood floors, with the front house boasting a kitchen with granite countertops and the second house having an upgraded shower and vanity.

Cons

Age of Primary Structure: The front house, built in 1927, is an older property which may imply potential for outdated systems, infrastructure, or higher maintenance requirements not explicitly detailed.
Limited Bathroom-to-Bedroom Ratio: With a total of 5 bedrooms across both units but only 2 bathrooms (one per unit), the property has a low bathroom count which could be inconvenient for multiple tenants or larger families.
Varied Property Ages and Maintenance Complexity: The presence of two structures built in different eras (1927 and 1975) could lead to differing maintenance needs, architectural inconsistencies, and potential complexities in overall property upkeep.

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