4014 W Commonwealth, Fullerton, California 92833, Fullerton, 92833 - bed, bath

4014 W Commonwealth, Fullerton, California 92833 home-pic-0

4014 W Commonwealth

Fullerton, California 92833

ACTIVE
CONDITION: FAIR
0Beds
0Baths
5,246Sq Ft
4,922Lot Size

Property Price

LIST PRICE$2,999,888

SUMMARY

Analysis of 4014 W Commonwealth, Fullerton, California 92833 is currently available with a list price of $2,999,888. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fullerton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1953, this mixed-use property is functional but clearly dated. The residential units feature older kitchen cabinetry, laminate countertops, and white appliances that appear to be several decades old. The bathrooms and living areas show signs of age with older wall heaters and basic fixtures. While the property is maintained and fully occupied, it lacks modern renovations and high-end finishes, fitting the criteria for fair condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Diversified Income Streams

    This mixed-use asset features a tire shop, retail storefronts, and four fully occupied residential units, providing investors with multiple revenue sources and reduced vacancy risk.

  • Strategic Opportunity Zone Location

    Situated in a federally designated Opportunity Zone on high-traffic Commonwealth Avenue, the property offers significant tax incentives and maximum brand exposure for commercial tenants.

  • Owner-User Versatility

    With over 5,200 sq. ft. of rentable space, the property is ideal for an owner-user looking to operate a business while utilizing residential rents to offset debt service.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 5246, other record living area = 8606.

  • Aging Infrastructure

    Originally constructed in 1953, the building may require ongoing maintenance or capital expenditures to modernize systems and maintain its competitive appeal.

  • Noise Pollution

    The property's direct proximity to Fullerton Airport and its location on a bustling thoroughfare may result in high noise levels, potentially impacting residential tenant retention.

About 4014 W Commonwealth

Prime Mixed-Use Investment/Owner User Opportunity in Fullerton! Located in an Opportunity Zone directly across from the Fullerton Airport on bustling Commonwealth Avenue, this exceptional two-story commercial property offers a rare combination of retail, office and residential uses in one versatile package. The building features approximately 5,246 sq. ft. of total rentable space, offering multiple income streams and significant long-term upside potential. The property currently includes a tire shop and a high-visibility storefront spaces—ideal for retail, office, or service-based businesses seeking maximum exposure on a high-traffic corridor. The upper 4 units include full occupancy residential spaces. This is an outstanding opportunity for investors, owner-users, or developers looking to secure a well-positioned property in one of Orange County’s most dynamic commercial areas. With strong visibility, proximity to major transportation routes, and a diverse tenant mix, this property combines immediate cash flow potential with excellent long-term appreciation prospects.

Property Details

Public Facts

Property Type
Mixed Use
Year Built
1953
Lot Size
4,922 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot5,2466,063.5
50%
Lot Size4,92212,044.2
50%
Price$3.00M$2.95M
50%
Price per sq ft$572$497
50%
Built year19531963
50%
HOA$0$0
50%
Days on market108160
50%

Pricing History

Listed for Sale

Nov 30, 2025

$2,999,888

$3,500,000

-14% Price Drop

Initial Listing

Price Change

Nov 19, 2025

$3,500,000

Initial Listing

Sold

Mar 26, 1996

$232,500

Public Record

Browse Properties by State Browse housing market trends by state