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539 W Amerige Avenue, Fullerton, California 92832, Fullerton, 92832 - 8 bed, 7 bath

539 W Amerige Avenue, Fullerton, California 92832 home-pic-0
ACTIVE$2,550,000
539 W Amerige Avenue, Fullerton, California 92832
8Beds
7Baths
3,456Sqft
7,500Lot

Price Vs. Estimate

The estimated value ($2,070,900.545) is $479,099.455 (18%) lower than the list price ($2,550,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: This property is explicitly marketed as an 'income-producing opportunity' with a fully rebuilt main house and two brand-new ADUs, all fully leased and delivering immediate cash flow, ideal for investors.
Top Cons:
Recent Price Reductions: The property has undergone two significant price reductions from $2.75M to $2.55M, which may indicate initial overpricing or market resistance at higher price points.

Compared to the nearby listings

Price:$2.55M vs avg $982.5K (+$1,567,500)97%
Size:3,456 sqft vs avg 1,558.5 sqft95%
Price/sqft:$738 vs avg $66271%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023 and is described as 'fully rebuilt' with 'brand-new ADUs,' 'premium finishes,' and 'Samsung appliances,' indicating it is virtually new. The images confirm a modern aesthetic throughout, featuring contemporary kitchens with white shaker cabinets, quartz countertops, new stainless steel appliances, and stylish fixtures. Bathrooms are also updated with modern vanities, fixtures, and tiling. Flooring is consistent with new construction (light wood-look LVP/laminate), and recessed lighting is prevalent. All elements align perfectly with the 'excellent' criteria of being newly built or extensively renovated within the last year, with no deferred maintenance and meeting current quality standards.
Year Built
2023
Close
-
List price
$2.55M
Original List price
$2.75M
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
PW25236844
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

HUGE PRICE REDUCTION!! PRICE TO SELL!! DISCOVER AN EXCEPTIONAL INCOME-PRODUCING OPPORTUNITY! EXPERIENCE THE PERFECT BLEND OF MODERN LUXURY AND SMART INVESTMENT! THIS FULLY REBUILT SINGLE-FAMILY HOME WITH TWO BRAND-NEW ADUS SITS ON A 7,500 SQ FT R3 LOT AND OFFERS 3,456 SQ FT OF THOUGHTFULLY DESIGNED LIVING SPACE WITH 8 BEDROOMS AND 7 BATHS. THE MAIN HOUSE 1,577 SQ FT, FEATURES BRIGHT, OPEN SPACES, 4 BEDROOMS, 2.5 BATHS, GAS AND ELECTRIC UTILITIES, PREMIUM FINISHES, AND SAMSUNG APPLIANCES. THE ADU 963 SQ FT AND JUNIOR ADU 916 SQ FT. EACH INCLUDE 2 BEDROOMS + DEN, 2 BATHS, SPACIOUS ATTIC STORAGE, ELECTRIC-ONLY UTILITIES, AND SEPARATE METERS, WITH SOLAR PANELS ON EVERY UNIT. FULLY LEASED WITH GREAT RENTAL INCOME, THIS PROPERTY DELIVERS IMMEDIATE CASH FLOW. ADDITIONAL HIGHLIGHTS INCLUDE A 1-CAR GARAGE, 4-CAR CARPORT PARKING SPACES, AND TURNKEY, MOVE-IN-READY DESIGN. CENTRALLY LOCATED NEAR DOWNTOWN FULLERTON, FULLERTON COLLEGE, CITY HALL, SHOPPING, DINING, AND MAJOR 5, 91, 57 FREEWAYS. THIS IS A RARE OPPORTUNITY FOR MULTI-GENERATIONAL LIVING OR SAVVY INVESTORS SEEKING STRONG LONG-TERM POTENTIAL!

Condition Rating
Excellent
This property was built in 2023 and is described as 'fully rebuilt' with 'brand-new ADUs,' 'premium finishes,' and 'Samsung appliances,' indicating it is virtually new. The images confirm a modern aesthetic throughout, featuring contemporary kitchens with white shaker cabinets, quartz countertops, new stainless steel appliances, and stylish fixtures. Bathrooms are also updated with modern vanities, fixtures, and tiling. Flooring is consistent with new construction (light wood-look LVP/laminate), and recessed lighting is prevalent. All elements align perfectly with the 'excellent' criteria of being newly built or extensively renovated within the last year, with no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: This property is explicitly marketed as an 'income-producing opportunity' with a fully rebuilt main house and two brand-new ADUs, all fully leased and delivering immediate cash flow, ideal for investors.
New Construction & Modern Amenities: Built in 2023, the property is fully rebuilt with premium finishes, Samsung appliances, and a turnkey, move-in-ready design, ensuring minimal immediate maintenance and modern living standards.
Energy Efficiency: Each unit is equipped with solar panels and separate electric meters, significantly reducing utility costs and appealing to environmentally conscious tenants/buyers.
Prime Central Location: Strategically located near Downtown Fullerton, Fullerton College, City Hall, shopping, dining, and major freeways (5, 91, 57), offering high rental demand and convenience.
Versatile Living Configuration: The 3-unit setup (main house + 2 ADUs) with 8 bedrooms and 7 baths provides a rare opportunity for multi-generational living or diverse rental strategies on an R3 zoned lot.

Cons

Recent Price Reductions: The property has undergone two significant price reductions from $2.75M to $2.55M, which may indicate initial overpricing or market resistance at higher price points.
Limited Parking for Density: With 3 separate units and 8 bedrooms, the provision of a 1-car garage and 4-car carport spaces (total 5) could be insufficient for all residents and their guests, especially in a central urban area.
Inherited Leases/Occupancy: While 'fully leased' ensures immediate cash flow, a new owner will inherit existing tenants and lease agreements, potentially limiting immediate owner-occupancy options or flexibility in tenant selection and rent adjustments.

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