308 Drake Avenue, Fullerton, California 92832, Fullerton, 92832 - 2 bed, 1 bath
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Fullerton, California 92832
This 1924 Craftsman Bungalow represents a unique High-Potential Investment Opportunity, currently listed at $940,000—positioned well above the $750,825 Fair Market Value by -25%. While priced at a premium, the property maintains a Good Condition Rating due to extensive infrastructure updates, including a 2020 roof and modernized systems. Featuring a detached garage with a sound room and a tranquil backyard, this home offers significant lifestyle appeal. It is an ideal acquisition for Historic Home Enthusiasts or Owner-Occupants seeking a meticulously maintained, character-rich residence in Fullerton.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 Drake Avenue Subject | $899,999* List Price | 2 | 1 | 1,073 | $703 | - |
A 329 W Whiting Active | $949,800 List Price | 2 | 2 | 1,186 | $801 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being a 100-year-old structure, the property is in Good condition due to extensive maintenance and modernization. Key systems have been updated, including plumbing, electrical, and a roof replacement in 2020. The kitchen and bathroom have been remodeled to provide modern functionality while preserving historic character, and the home features high-efficiency upgrades like a tankless water heater and improved insulation.
This 1924 Craftsman Bungalow features meticulously preserved original details, including leaded glass windows, vintage built-ins, and original sealed floors, offering a rare level of authentic charm.
The property boasts significant modern improvements including updated plumbing and electrical, a tankless water heater, and a 2020 roof with a 50-year warranty, providing peace of mind for a century-old home.
Beyond the main living area, the property includes a detached garage with a sound room/flex space, a dedicated green room, and rare basement and attic storage, maximizing the utility of the square footage.
With only two bedrooms and one bathroom in 1,073 square feet, the home's layout may be restrictive for growing families or buyers requiring more personal space.
The 3,975 square foot lot is relatively small for the area and price point, which may limit future expansion possibilities or outdoor recreational space.
HUGE PRICE IMPROVEMENT!!! Discover the character and craftsmanship of a true Fullerton treasure at 308 Drake Ave—an exquisitely maintained 100-year-old Craftsman Bungalow offering the perfect blend of historic charm and modern comfort. Rich in character and thoughtfully updated, this one-of-a-kind residence beautifully blends historic architectural detail with modern-day comfort. From original hardware and stunning leaded glass windows to vintage built-ins and period craftsmanship throughout, this home offers authentic charm rarely found in today’s market. The remodeled kitchen and bathroom honor the home’s heritage while incorporating tasteful modern upgrades, while maintaining authenticity to the original design. Recent improvements include updated plumbing and electrical, tankless water heater, water purification system, upgraded insulation, and asbestos-free venting for peace of mind and efficiency. The roof and gutters were replaced in 2020 and carry a 50-year warranty. The floors are original and recently sealed. Beyond the main residence, the property features a detached garage with a unique sound room/flex space, an additional green room perfect for hobbies or gardening, covered carport parking, and a tranquil backyard retreat complete with a soothing waterfall fountain. There is also a gazebo for outdoor entertaining. Inside, enjoy two generously sized bedrooms with large walk-in closets, plus basement and attic storage rarely found in homes of this era. Ideally located just moments from local shops and only blocks from vibrant Downtown Fullerton, schools and parks, this historic gem offers the perfect balance of convenience, privacy, and enduring character.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,073 | 2,030 |
| Lot Size | 3,975 | 7,495 |
| Price | $900.0K | $1.28M |
| Price per sq ft | $839 | $660 |
| Built year | 1924 | 1961 |
| HOA | $0 | $220 |
| Days on market | 112 | 43 |
Jun 29, 2026
$899,999
$940,000
-4% Price Drop
Initial Listing
May 2, 2026
$940,000
$950,000
-1% Price Drop
Initial Listing
Apr 1, 2026
$950,000
Initial Listing
Jan 13, 1998
$135,000
Public Record
Apr 18, 1996
$125,000
Public Record