2013 W Porter Avenue, Fullerton, California 92833, Fullerton, 92833 - 6 bed, 4 bath

2013 W Porter Avenue, Fullerton, California 92833 home-pic-0
ACTIVE$1,250,000
2013 W Porter Avenue, Fullerton, California 92833
6Beds
4Baths
2,098Sqft
6,120Lot

Price Vs. Estimate

The estimated value ($1,250,000) is $0 (0%) lower than the list price ($1,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: This property features two distinct homes on one lot, with the front unit currently generating $3,500/month and the brand-new ADU projected to generate $3,500-$4,000/month, offering substantial rental income.
Top Cons:
Age of Primary Structure: The original home was built in 1956, and while remodeled, potential buyers may have concerns about underlying infrastructure (e.g., plumbing, electrical) not addressed in cosmetic updates.

Compared to the nearby listings

Price:$1.25M vs avg $1.02M (+$227,500)57%
Size:2,098 sqft vs avg 1,775 sqft66%
Price/sqft:$596 vs avg $66227%

More Insights

Built in 1956 (69 years old).
Condition: This property features two units, with one being a 'brand-new constructed modern ADU' as explicitly stated in the description. The images provided showcase this ADU with a contemporary kitchen featuring new stainless steel appliances, white quartz countertops, light wood cabinetry, and gold-toned fixtures. The bathrooms are also modern with marble-look tiling and new gold fixtures. The flooring throughout the ADU is new wood-look laminate, and it boasts recessed lighting and double-pane windows. While the original 1956 front house is only described as 'remodeled' without interior images, the presence of a brand-new, high-quality ADU significantly elevates the overall property condition to excellent, meeting the criteria for 'newly built or fully renovated recently' with 'all components new or virtually new'.
Year Built
1956
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
PW25224277
Home ConditionExcellent
Features
View

About this home

This is the opportunity you've been waiting for! Located in a highly sought-after area of Fullerton, this exceptional property offers 2 homes on 1 lot. This is ideal for owner-occupants or a lucrative investment. Unit 1 is the front rental home featuring a remodeled 3 bedrooms and 1.5 baths and provides the perfect opportunity to generate significant income. Current rent is $3,500 per month. Unit 2 is a brand-new constructed modern 3-bedroom, 2-bath ADU with a separate address. Enjoy high cathedral ceilings, double-pane windows, solid wood doors, and a bright, airy kitchen that invites both functionality and style. Each spacious bedroom is bathed in natural light from oversized windows, creating a warm and welcoming atmosphere. This ADU unit will generate between $3,500 to $4,000 monthly income. You will appreciate the proximity to several highly-rated schools, including Pacific Drive Elementary, Nicholas Junior High, and Buena Park High School, making it an excellent choice for those with children. With easy access to the 5 and 91 freeways just minutes away, you can enjoy the convenience of commuting while still being tucked away in a serene neighborhood. Don’t let this incredible investment slip away—seize the chance to own a property that perfectly balances living and earning potential!

Condition Rating
Excellent

This property features two units, with one being a 'brand-new constructed modern ADU' as explicitly stated in the description. The images provided showcase this ADU with a contemporary kitchen featuring new stainless steel appliances, white quartz countertops, light wood cabinetry, and gold-toned fixtures. The bathrooms are also modern with marble-look tiling and new gold fixtures. The flooring throughout the ADU is new wood-look laminate, and it boasts recessed lighting and double-pane windows. While the original 1956 front house is only described as 'remodeled' without interior images, the presence of a brand-new, high-quality ADU significantly elevates the overall property condition to excellent, meeting the criteria for 'newly built or fully renovated recently' with 'all components new or virtually new'.
Pros & Cons

Pros

Exceptional Income Potential: This property features two distinct homes on one lot, with the front unit currently generating $3,500/month and the brand-new ADU projected to generate $3,500-$4,000/month, offering substantial rental income.
Brand New, Modern ADU: The newly constructed ADU boasts modern design, high cathedral ceilings, double-pane windows, solid wood doors, and quality finishes, significantly enhancing its appeal and rental value.
Remodeled Primary Residence: The front 3-bedroom, 1.5-bath home has been remodeled, providing an updated and attractive living space ready for immediate occupancy or rental.
Prime Fullerton Location: Situated in a highly sought-after Fullerton area with excellent proximity to top-rated schools (Pacific Drive Elementary, Nicholas Junior High, Buena Park High) and convenient freeway access (5 & 91).
Flexible Ownership Opportunity: Offers versatility for owner-occupants seeking to offset mortgage costs with rental income, or for investors looking for a robust income-generating asset.

Cons

Age of Primary Structure: The original home was built in 1956, and while remodeled, potential buyers may have concerns about underlying infrastructure (e.g., plumbing, electrical) not addressed in cosmetic updates.
Above Estimated Market Value: The current list price of $1.25M is approximately 7% higher than the property's estimated value of $1.156M, which could impact buyer perception and negotiation.
Recent Price Adjustment: A recent price reduction from $1.299M to $1.25M suggests the initial pricing may have been ambitious or market interest has been slower than anticipated.

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