2931 Wellesley Court, Fullerton, California 92831, Fullerton, 92831 - 2 bed, 2 bath
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Fullerton, California 92831
This property presents a High-Potential Investment Opportunity with a List Price of $558,000—positioned well below the $569,493 Fair Market Value by 2%. This valuation gap offers $11,493 in Instant Equity. Featuring a Fair Condition Rating, the home requires minor cosmetic updates to modernize its 1974 finishes. With a versatile den/3rd bedroom layout and resort-style amenities, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity near Cal State Fullerton.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2931 Wellesley Court Subject | $558,000* List Price | 2 | 2 | 1,203 | $473 | - |
A 2014 Associated Road 12 Sold | $510,000 | 2 | 2 | 972 | $525 | 0.5 mi |
B 2246 Vista Del Sol Sold | $720,000 | 2 | 3 | 1,584 | $455 | 0.8 mi |
C 2155 Associated Road Sold | $714,500 | 2 | 3 | 1,511 | $473 | 0.7 mi |
D 2946 Pembroke Court Pending | $585,000 List Price | 2 | 2 | 1,203 | $486 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 and on the market for the first time, this 50-year-old property appears to be in mostly original condition. While the listing describes it as well-maintained, the images show dated finishes including popcorn ceilings, original cabinetry, and older flooring that require modernization and minor TLC.
The property is ideally situated near Cal State Fullerton and offers resort-style community features including three pools and lush water gardens, making it highly attractive to students, faculty, and investors.
The floor plan includes a den that can easily serve as a third bedroom and features a rare direct-access two-car garage, providing significant convenience and utility for a condominium.
Being offered for the first time on the market and requiring only minor TLC, this home presents an excellent opportunity for buyers to build equity through cosmetic updates in a desirable neighborhood.
Built in 1974 and described as needing 'TLC,' the property likely requires modernization of original finishes and systems to meet contemporary buyer expectations.
The monthly association fee of $431.66 represents a significant ongoing carrying cost that may impact the overall affordability and debt-to-income ratios for prospective buyers.
This home is an excellent opportunity for both homeowners and investors. First time on the market. Well maintained home that only needs some minor TLC. It is located in a beautiful community with resort style amenities including 3 sparkling pools, lush landscaping and peaceful walkways. The main floor level features a spacious living space, including living room. workspace, dining area and kitchen. Upstairs with 2 generously seized bedrooms, 2 bathrooms and a den that can be used as the 3rd bedroom. Master bedroom leads to a private balcony and gated front patio courtyard perfect for outdoor relaxing and it is just steps from the water gardens. It also comes with direct access 2 car attached garage. This home is conveniently located near shopping, dining, Fullerton Cal State University and easy Freeway access. Don't miss this great opportunity to own a home in one of the most desirable commu
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,203 | 1,249.5 |
| Lot Size | 93,742 | 199,587 |
| Price | $558.0K | $618.2K |
| Price per sq ft | $464 | $582 |
| Built year | 1974 | 1977 |
| HOA | $431.66 | $436 |
| Days on market | 27 | 59 |
Jun 25, 2026
$558,000
Initial Listing