309 N Orange Avenue, Fullerton, California 92833, Fullerton, 92833 - 4 bed, 3 bath

309 N Orange Avenue, Fullerton, California 92833 home-pic-0
ACTIVE UNDER CONTRACT$998,000$1,600/sqft
Est. Value: $1,034,846
3%
BelowEstimate
309 N Orange Avenue, Fullerton, California 92833
4Beds
3Baths
1,600Sqft
7,400Lot

Price Vs. Estimate

The estimated value ($1,034,846.04) is $36,846.04 (3%) higher than the list price ($998,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7400, living area = 1600.
Top Cons:
Active Under Contract Status: The property is currently 'Active Under Contract,' which significantly limits immediate opportunities for new buyers to submit offers or compete for the home.

Compared to the nearby listings

Price:$998.0K vs avg $996.5K (+$1,500)51%
Size:1,600 sqft vs avg 1,724.5 sqft46%
Price/sqft:$624 vs avg $66037%

More Insights

Built in 1954 (72 years old).
Condition: Despite being built in 1954, this property underwent a beautiful and extensive renovation, completed in January/February 2024. This includes a permitted addition, a new kitchen, and a new bathroom, with all related mechanical, electrical, and plumbing improvements. The images confirm a virtually new interior with modern kitchen cabinets, stainless steel appliances, contemporary bathroom vanities, new tiling, updated light fixtures, and consistent wood-look flooring throughout. All components appear new or virtually new, meeting current quality standards.
Year Built
1954
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
WS26001000
Home ConditionExcellent
Features
Patio
View-

About this home

Beautifully renovated and thoughtfully expanded, this inviting single-story home is located in the heart of Fullerton’s highly desirable 92833 neighborhood. Completed in January/February 2024, the property features a permitted 159 sq ft addition extending the existing kitchen and adding a new bathroom, with all related mechanical, electrical, and plumbing improvements completed per approved plans, creating a more functional and modern living environment. Public records indicate approximately 4 bedrooms and 2 bathrooms, with approved plans designed to result in 4 bedrooms and 3 bathrooms, offering excellent flexibility for today’s lifestyle. The bright interior is filled with natural light and flows seamlessly through generous living spaces. Step outside to a spacious backyard highlighted by mature lemon and orange fruit trees surrounding the patio areas, providing a serene setting for outdoor entertaining, gardening, or relaxation. The home is currently tenant-occupied with long-term tenants in place for approximately two years, generating a current rent of $4,200 per month, making it an attractive opportunity for investors, while also offering future potential as a primary residence. Ideally situated on a quiet residential street just minutes from Downtown Fullerton, shopping, dining, parks, and major commuter routes, and located within the Fullerton Joint Union High School District, including the highly regarded Sunny Hills High School. A rare opportunity for owner-users or investors alike to enjoy comfort, convenience, and long-term value in one of Fullerton’s most sought-after communities.

J
Janice Shin
Listing Agent

Price History

Date
Event
Price
12/17/21
Sold
$880,000
08/02/21
Sold
$660,000
Condition Rating
Excellent

Despite being built in 1954, this property underwent a beautiful and extensive renovation, completed in January/February 2024. This includes a permitted addition, a new kitchen, and a new bathroom, with all related mechanical, electrical, and plumbing improvements. The images confirm a virtually new interior with modern kitchen cabinets, stainless steel appliances, contemporary bathroom vanities, new tiling, updated light fixtures, and consistent wood-look flooring throughout. All components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7400, living area = 1600.
Recent Renovation & Permitted Expansion: The property underwent a significant, permitted 159 sq ft addition and renovation completed in early 2024, including a new bathroom and updated mechanical, electrical, and plumbing systems, ensuring a modern and functional living environment.
Prime Location & Desirable Community: Situated in the highly sought-after 92833 neighborhood of Fullerton, on a quiet residential street, with convenient access to Downtown Fullerton, shopping, dining, parks, major commuter routes, and the top-rated Sunny Hills High School district.
Investment Opportunity with Rental Income: Currently tenant-occupied with long-term tenants generating $4,200 per month, offering an attractive income stream for investors while retaining future potential as a primary residence.
Flexible Layout & Bedroom/Bathroom Count: Approved plans result in 4 bedrooms and 3 bathrooms, providing excellent flexibility for various lifestyles, enhancing the property's appeal and functionality.
Spacious & Serene Outdoor Space: The property boasts a generous backyard with mature lemon and orange fruit trees surrounding patio areas, creating a serene setting ideal for outdoor entertaining, gardening, or relaxation.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' which significantly limits immediate opportunities for new buyers to submit offers or compete for the home.
Lack of Scenic Views: The property description explicitly states 'None' for views, indicating an absence of panoramic or notable scenic outlooks, which may be a drawback for some buyers.
Age of Original Structure: While recently renovated, the home was originally built in 1954. Despite the updates, some original components or systems not part of the recent addition/renovation may eventually require maintenance or upgrades due to their age.
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