
Fullerton, California 92831
This Turnkey Multi-Residential Property is listed at $1,350,000, offering a stable entry point at its $1,345,077 Fair Market Value. Featuring an Excellent Condition Rating, both detached homes provide a move-in ready lifestyle following comprehensive 2022 renovations, including renovated kitchens, updated flooring, and a private deck. Situated on a Zoning R2P lot with two separate 2-car garages, the property offers rare versatility within the Fullerton Joint Union High district. Its proximity to Cal State Fullerton and downtown amenities guarantees long-term desirability and strong tenant appeal. This is a premier opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 151 N Lincoln Subject | $1,350,000* List Price | 0 | 0 | 2,188 | $615 | - |
A 124 N Princeton Avenue Sold | $1,100,000 | 5 | 2 | 1,804 | $610 | 0.1 mi |
B 152 N Princeton Avenue Sold | $1,400,000 | 0 | 0 | 2,512 | $557 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1898, both detached residences on this lot underwent extensive renovations and refreshes in 2022. The front home features a completely new kitchen, updated bathrooms, and modern flooring, while the rear home was updated with new flooring and countertops. Because the property was extensively renovated within the last 5 years and features new or virtually new components throughout, it meets the criteria for excellent condition.
The property features two fully detached homes on a single lot with separate two-car garages, offering exceptional versatility for multi-generational living or high-yield rental income.
Ideally situated within walking distance to Downtown Fullerton’s dining and retail hub and close to major educational institutions, ensuring strong long-term demand and tenant appeal.
Extensively remodeled and refreshed in 2022, both residences provide a move-in-ready experience with modern kitchens, updated flooring, and refreshed exteriors while retaining historic charm.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6250. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2188, other record living area = 1040.
Being located in a Historic Preservation Zone may subject the owner to strict city guidelines and limitations regarding exterior modifications or future structural expansions.
Despite the 2022 updates, the 1898 original construction date may present underlying maintenance challenges or aging systems common in properties of this vintage.
A rare opportunity to own two fully detached homes on a single lot in Fullerton’s Historic Preservation Zone, offering versatile living options and strong investment potential. Zoned R2P, this property is ideal for multi-generational living, rental income, or an owner-occupant seeking flexibility in a highly desirable neighborhood. The front Craftsman home features 2 bedrooms plus office area, 2 bathrooms, and approximately 1,093 sq ft. Fully remodeled in 2022, it offers a bright and functional layout with a new kitchen, updated baths, modern flooring, inside laundry, and a 2-car garage. Additional highlights include a private side yard, a spacious attic with expansion potential, and a welcoming front lawn that enhances its classic charm. The rear residence provides approximately 1,095 sq ft and was also refreshed in 2022 with new flooring and updated countertops. It includes its own 2-car garage, laundry in the garage, and a deck off the living area. Both homes feature a freshly painted exterior, low-maintenance design, and timeless architectural details, offering a true turnkey experience. Ideally located near Cal State Fullerton and Fullerton College, and within walking distance to Downtown Fullerton’s restaurants, cafes, shops, and nightlife, the property provides convenient access to schools, parks, and local amenities. This combination of historic character, flexible zoning, and modern updates makes the property a unique and valuable opportunity in one of Fullerton’s most sought-after areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,188 | 2,512 | 38% |
| Lot Size | 6,098 | 6,408 | 31% |
| Price | $1.35M | $1.40M | 38% |
| Price per sq ft | $617 | $557 | 77% |
| Built year | 1898 | 1964 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 190 | 8% |
Mar 12, 2026
$1,350,000
Initial Listing
Sep 9, 2022
$1,060,000
Public Record