
Fullerton, California 92831
This Updated Single-Family Residence is a High-Potential Investment Opportunity, listed at $950,000—positioned well below the $994,650 Fair Market Value by 4%. This valuation gap offers $44,650 in Instant Equity. Boasting a Good Condition Rating, the home features a remodeled kitchen, newer roof, and HVAC system. Located in the festive Sparkle Ball Neighborhood near CSU Fullerton and the Fullerton Joint Union High District, it offers a high-utilization 7,626 sqft lot with a private patio. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 513 N Yale Avenue Subject | $950,000* List Price | 3 | 1 | 1,325 | $751 | - |
A 701 E Chapman Sold | $900,000 | 3 | 2 | 1,248 | $721 | 0.1 mi |
B 1501 Revere Sold | $1,100,000 | 3 | 2 | 1,619 | $679 | 0.7 mi |
C 1420 E Commonwealth Avenue Sold | $876,000 | 3 | 2 | 1,101 | $796 | 0.7 mi |
D 119 N Annin Sold | $1,100,000 | 3 | 2 | 1,336 | $823 | 0.6 mi |
E 1001 Nutwood Active Under Contract | $925,000 List Price | 3 | 1 | 1,301 | $711 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several high-value updates. The kitchen has been thoughtfully remodeled with modern white shaker cabinetry, stone countertops, and a decorative tile backsplash. Major systems, including the roof and HVAC, are reported as newer, providing peace of mind. While the interior retains some dated elements such as wood paneling and popcorn ceilings, the overall maintenance and recent capital improvements align with a 'good' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7626, living area = 1325.
Located in the famous 'Sparkle Ball Neighborhood,' the property offers a unique, festive community spirit and high pride of ownership that is highly sought after in the Fullerton area.
The home features significant capital improvements including a newer roof, HVAC system, water heater, and a remodeled kitchen, ensuring energy efficiency and reducing immediate maintenance costs for the buyer.
With three bedrooms but only one bathroom, the home may present a functional challenge for larger families or buyers seeking a more modern bed-to-bath ratio.
Built in 1950, the property may feature smaller closet spaces or traditional layout limitations typical of the era, which might not align with all modern lifestyle preferences despite recent updates.
Come see this exceptional home nestled in one of Fullerton’s most beloved enclaves, famously known as the Sparkle Ball Neighborhood. This charming community is cherished for its festive spirit, where neighbors come together each holiday season to light up the streets with dazzling displays, creating a truly magical and welcoming atmosphere. This beautifully maintained residence showcases multiple upgrades throughout, offering both comfort and peace of mind. Enjoy a newer roof, updated doors, a thoughtfully remodeled kitchen, newer HVAC system, water heater, and enhanced attic insulation, making the home as efficient as it is inviting. Beyond the home itself, the location is hard to beat. You’re just minutes from top-rated schools and renowned institutions like California State University, Fullerton, as well as the vibrant shops, dining, and entertainment of Downtown Fullerton. Easy access to major freeways makes commuting a breeze, while nearby shopping and everyday conveniences are right at your fingertips. What truly sets this home apart is the sense of community friendly neighbors, year-round pride of ownership, and that unmistakable feeling of belonging. Whether you're enjoying quiet evenings at home or celebrating the holidays in style, this is a place where lasting memories are made.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 1,325 | 1,767 | 21% |
| Lot Size | 7,626 | 8,245 | 43% |
| Price | $950.0K | $1.15M | 19% |
| Price per sq ft | $717 | $669 | 68% |
| Built year | 1950 | 1958 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 131 | 2% |
Apr 9, 2026
$950,000
Initial Listing
Nov 25, 1991
$185,000
Public Record