1312 W Orangethorpe, Fullerton, California 92833, Fullerton, 92833 - 3 bed, 2 bath
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Fullerton, California 92833
This Value-Add Investment Property is listed at $799,000, closely aligning with its $793,742 Fair Market Value. Currently holding a Condition Rating of 5, the 1929 vintage home requires substantial rehabilitation but offers immense forced appreciation potential through its detached studio apartment and rare underground basement. Situated on an expansive 9,812 sqft lot within the Fullerton Joint Union High District, the property provides significant rental or resale upside near Sunny Hills High School. This project is a prime acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on a high-utility lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1312 W Orangethorpe Subject | $799,000* List Price | 3 | 2 | 1,827 | $434 | - |
A 1507 Lovering Avenue Sold | $810,000 | 3 | 2 | 1,536 | $527 | 0.3 mi |
B 1500 W Flower Sold | $1,015,000 | 5 | 5 | 2,200 | $461 | 0.4 mi |
C 1601 W Baker Avenue Sold | $965,500 | 4 | 2 | 2,267 | $426 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1929, this property requires substantial rehabilitation and shows significant signs of deferred maintenance. Interior images reveal major water damage and staining on the bedroom ceiling, an outdated and partially dismantled kitchen with missing cabinetry, and worn hardwood flooring throughout. The exterior and porch area show peeling paint and weathered surfaces. While the home has 'solid bones' and unique features like a basement and studio, it is not in move-in condition and needs extensive updates to its major systems, kitchen, and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9812, living area = 1827.
High School: Sunny Hills High School (9/10).
The property features a detached studio apartment above the garage with a private entrance, bathroom, and cooktop, offering excellent versatility for rental income or multi-generational living.
As a vintage 1929 structure marketed for its 'potential,' the home likely requires significant capital investment for cosmetic and systems upgrades to meet contemporary standards.
Located on W Orangethorpe, a major Fullerton thoroughfare, the property may experience elevated street noise and traffic compared to more secluded residential streets.
Welcome to a rare opportunity in the heart of Fullerton—where charm, character, and potential come together. This 3-bedroom, 2-bath home offers approximately 1,827 square feet of living space and sits on a generous lot, providing the perfect canvas to create your dream home. From the moment you step inside, you’ll feel the warmth and possibilities this home holds. With solid bones and timeless character, it’s ready for your personal touch to truly make it shine. One of the most unique features is the underground basement, accessed from inside by a spiral staircase—a rare and exciting space perfect for a wine cellar, creative studio, or private retreat. Adding even more value and versatility is the detached studio apartment above the garage, complete with its own private entrance, patio, bathroom, and cooktop—ideal for guests, extended family, or potential rental income. Located in a centrally desirable Fullerton neighborhood near shopping, dining, and major freeways, this home offers not just a place to live, but a place to grow, create, and make lasting memories. Opportunities like this don’t come often—bring your vision and make this one truly your own.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,827 | 1,843 | 50% |
| Lot Size | 9,812 | 7,291 | 83% |
| Price | $799.0K | $1.10M | 7% |
| Price per sq ft | $437 | $655 | 3% |
| Built year | 1929 | 1962 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 175 | 1% |
Mar 19, 2026
$799,000
Initial Listing