714 E Chapman Avenue, Fullerton, California 92831, Fullerton, 92831 - 2 bed, 2 bath
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Fullerton, California 92831
Analysis of 714 E Chapman Avenue, Fullerton, California 92831 is currently available with a list price of $749,900. 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.
Property is moderate renovation needed.
Built in 1923, this property is functional but dated. While it features recent upgrades like new windows and central HVAC in the front unit, the kitchen and bathrooms remain largely vintage with older cabinetry and 1950s-era pink tile. The back unit is basic and requires additional work to be permitted as an ADU, placing the overall condition in the 'Fair' category due to the need for cosmetic and functional updates.
Located in a commercial OP zone with grandfathered residential use, this property offers unique flexibility for residential living, rental income, or potential business ventures.
The property features a secondary back unit with a Title 24 report already obtained, providing a clear path for conversion into a permitted ADU to maximize investment returns.
The front residence has been updated with high-value improvements, including new windows and a recently installed central A/C system, enhancing energy efficiency and comfort.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1250, other record living area = 896.
The fireplace in the front unit is strictly decorative and non-functioning, which may be a drawback for buyers seeking traditional wood-burning or gas heating features.
The back unit is currently permitted only as an art studio, requiring the buyer to invest additional time and capital to meet city requirements for full ADU certification.
Don’t overlook the potential of this charming vintage property, two units with wide open possibilities, residential income or possible business ventures. The back unit, permitted as an art studio, has a full bathroom and kitchen, as well as a washer dryer set up. We have obtained a Title 24 Report and with some additional work, it appears this unit could be permitted as an ADU. Report is available upon request and buyer is responsible for any/all investigations and/or improvements. The front house is a 2 bedroom, 1 bath home with an expanded kitchen and separate laundry room. Front unit is approx 825-900 sq ft and back unit is about 350-400 sq ft. This property has so many possibilities! Located near the junior college, downtown Fullerton, train station… in a commercial OP zone with residential zoning grandfathered in. Buyers will need to verify with the city of Fullerton regarding zoning and possible usage. NOTE: New windows and central A/C have been recently added to the front unit. Also, the fireplace in the front unit is decorative only and is non functioning.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,250 | 2,030 |
| Lot Size | 4,200 | 7,495 |
| Price | $749.9K | $1.28M |
| Price per sq ft | $600 | $660 |
| Built year | 1923 | 1961 |
| HOA | $0 | $220 |
| Days on market | 28 | 43 |
Jun 24, 2026
$749,900
Initial Listing
Apr 14, 2000
$139,000
Public Record