2024 E Commonwealth Ave, Fullerton, CA 92831

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Listed by Paul Banke, from Kirklen Investment Group
(If provided) CoList: from

List Price
$1,749,000
Price Change
▼ $46,000 1792731797
MLS#
CROC26068965
Status
ACTIVE
Lot Size
8,025
Listing Area
699 - Not Defined

Property Description

Presenting 2024 E Commonwealth Avenue, a single-story turnkey 4-unit multifamily investment property located in Fullerton, CA. Operating at a 5.42% Cap Rate, the subject property features an extremely attractive unit mix for potential residents comprised of (3) two-bedroom/one-bathroom units (835 sq ft each) and (1) oversized one-bedroom/one-bathroom unit (793 sq ft). 2024 E Commonwealth Avenue also provides residents with amenities such as (4) garage parking spaces, private patios, and in-unit all-in-one washer/dryer combos. 2024 E Commonwealth Ave benefits from its desirable central location being located nearby California State University Fullerton, Fullerton College, Downtown Fullerton, and next door to Commonwealth Elementary School providing residents an amazing living environment due to its proximity to entertainment, schools, shopping, and dining. Current ownership has also substantially renovated the property. All 4-units were fully renovated in 2025 with laminate flooring, all-in-one washer/dryer combos, dual-pane windows, shaker style cabinets, quartz countertops, and new appliances. The subject property also benefits from new paint and updated electrical panels. Taking into consideration, the subject property's phenomenal location, single-story construction, and re

Additional Information

Floor Covering
Laminate
Garage Parking
Garage
Heating System
Forced Air
Laundry Facilities
Washer, Dryer
Levels
One Story
Lot Size
8,025
Neighborhood
699 - Not Defined
Numberof Units
4
Pool Description
None
Unincorporated Yn
Yes

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