912 E Commonwealth, Fullerton, California 92831, Fullerton, 92831 - 0 bed, 0 bath
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Fullerton, California 92831
This Turnkey Triplex Asset is a Strong Value Opportunity, listed at $1,275,000—positioned well below the $1,349,605 Fair Market Value by 5%. This valuation gap provides $74,605 in Instant Equity. Featuring a 2021 Remodeled Main House and two 2022-Built ADUs equipped with Solar Panels, the property maintains a Turnkey Condition Rating. Located minutes from Fullerton College with a Walk Score of 80, it ensures high rental demand. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 912 E Commonwealth Subject | $1,275,000* List Price | 0 | 0 | 2,250 | $600 | - |
A 124 N Princeton Avenue Sold | $1,100,000 | 5 | 2 | 1,804 | $610 | 0.2 mi |
B 152 N Princeton Avenue Sold | $1,400,000 | 0 | 0 | 2,512 | $557 | 0.2 mi |
C 151 N Lincoln Active Under Contract | $1,350,000 List Price | 0 | 0 | 2,188 | $617 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is in turnkey condition, featuring a main house fully remodeled in 2021 and two brand-new ADUs constructed in 2022. The interiors boast modern finishes, including shaker-style cabinetry, quartz countertops, stainless steel appliances, and contemporary laminate flooring. With all major systems recently updated or newly installed, including solar panels and HVAC, the property meets the highest standards for quality and maintenance.
The property includes two modern ADUs capable of generating approximately $4,600 in monthly rent, which can significantly offset mortgage costs for an owner-occupant or provide strong cash flow for an investor.
With the main house remodeled in 2021 and two new ADUs built in 2022, the entire property features modern finishes, updated systems, and solar panels, ensuring low maintenance and immediate move-in readiness.
Boasting a walk score of 80 and close proximity to Fullerton College and Chapman University, the property is perfectly positioned to capture consistent rental demand from students and faculty.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4400, other record lot size in square feet = 4615. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2250, other record living area = 832.
The property offers only four off-street parking spaces for three separate two-bedroom units, which may create logistical challenges for households with multiple vehicles.
Siting three residential units on a 4,400-square-foot lot results in a high building-to-land ratio, leaving very little private outdoor space or yard area for residents.
Perfect move-in ready house plus 2 ADUs in an excellent Fullerton location. Detached 2 bed, 1 bath SFR completely remodeled in 2021 with new kitchen, bathroom, windows, finishes, AC, laundry, and overhead lighting. Two new 2 bed, 1 bath ADUs in rear built in 2022 , also with modern finishes, open concept floor plans, AC and in-unit laundry. Parking lot for 4 cars off street. Separately metered for gas and electricity plus solar panels on ADUs. In-place rent from ADUs can nearly cover your mortgage at $2300 each. Turnkey, low maintenance property perfect for a start investment property. Excellent Fullerton location only minutes away from Downtown, Fullerton College, and Chapman University. Outdoor amenities nearby in the Fullerton Arboretum, Craig Regional Park, Fullerton Sports Complex, and numerous golf courses. Convenient transit access located only minutes away from the 91 and 57 freeways. Very walkable location with a walk score of 80.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,250 | 2,512 | 38% |
| Lot Size | 4,400 | 6,408 | 15% |
| Price | $1.27M | $1.40M | 38% |
| Price per sq ft | $567 | $557 | 62% |
| Built year | 2022 | 1964 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 190 | 8% |
Apr 15, 2026
$1,275,000
Initial Listing
Mar 1, 2021
$475,000
Public Record