NOT LISTED FOR SALE

1108 W Commonwealth Ave Fullerton, CA 92833

Estimated Value: $1,020,237

4 Beds
2 Baths
2,156 Sq Ft
$473/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $900,000 $417 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,195/month

43 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Sunny Hills High School Rated A+
  • Level Lot

About This Home

As of April 2023

Unique property including commercial front building currently operating furniture upholstery business. Commercial building has showroom, office area, breakroom, storage room and full bath. Second building is 3 bedroom, 1 bath home with patio and small yard. Two 2 car garages plus driveway with room for 6 cars. This property is zoned C-2, which allows a wide variety of retail uses and the following uses: automotive sales, financial, home improvement, laundry/dry cleaning, massage, nursery, office general, office medical, personal services such as nail salon, hair or studios, pharmacy, poolroom, repair shops, restaurant, tattoo parlor, temporary commercial uses, etc. This property also has an existing home which is believed to be a non-conforming legal use. Buyer to confirm any dimensions of the property or structures, uses, and potential uses for the property. Dimensions or potential requirements for any particular uses have not been confirmed. Uses may also require compliance with other city requirements such as parking. Buyer to confirm all city or other requirements for business operations. Does not qualify for residential financing.

Last Agent to Sell the Property

Stalzer Real Estate Group

Circa Properties, Inc. License #01349867 Listed on: 12/22/2022

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,534 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 4 Bedrooms
  • 2,156 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 1122
  • Assessor Parcel Number 03114209
  • $626 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown Fullerton
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 03114209
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 417.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level with Street
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 1122
  • TaxOtherAnnualAssessmentAmount: 626.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Apr 7, 2023
Sold by
Mikhail Nancy
Bought by
Mikhail George Wahib
Seller's Agent
Stalzer Real Estate Group
Circa Properties, Inc.
Buyer's Agent
Stalzer Real Estate Group
Circa Properties, Inc.
List Price
$980,000
Sold Price
$900,000
Premium/Discount to List
-$80,000
-8.16%
Views
410
Current Estimated Value
$1,020,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,237
Avg. Annual Appreciation
4.68%
Original Mortgage
$464,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 13, 2023
Sold by
Corbala Victor M and Corbala Maria R
Bought by
Katz Timothy Joseph and Mikhail George Wahib
Seller's Agent
Stalzer Real Estate Group
Circa Properties, Inc.
Buyer's Agent
Stalzer Real Estate Group
Circa Properties, Inc.
List Price
$980,000
Sold Price
$900,000
Premium/Discount to List
-$80,000
-8.16%
Views
410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2005
Sold by
Standard Home Loans Inc
Bought by
Corbala Victor M and Corbala Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 1997
Sold by
Cucunato C M & Standard Home Loans
Bought by
Standard Home Loans Inc

Purchase Details

Closed on
Dec 14, 1993
Sold by
Standard Home Loans Inc
Bought by
Cucunato C M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mikhail George Wahib -- First American Title
Katz Timothy Joseph -- First American Title
Katz Timothy Joseph $900,000 First American Title
Corbala Victor M $625,000 Gateway
Standard Home Loans Inc -- --
Cucunato C M -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katz Timothy Joseph $464,000
Previous Owner Corbala Victor M $540,000
Closed Katz Timothy Joseph $383,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2023 04/11/23 Sold $900,000 -8.2% $417 / Sq Ft
02/03/2023 02/03/23 Pending -- -- --
12/22/2022 12/22/22 For Sale $980,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,392 $936,360 $803,310 $133,050
2024 $10,392 $918,000 $787,558 $130,442
2023 $9,475 $837,361 $351,697 $485,664
2022 $9,409 $820,943 $344,801 $476,142
2021 $8,280 $715,508 $248,702 $466,806
2020 $8,234 $708,172 $246,152 $462,020
2019 $8,022 $694,287 $241,326 $452,961
2018 $7,901 $680,674 $236,594 $444,080
2017 $7,770 $667,328 $231,955 $435,373
2016 $7,608 $654,244 $227,407 $426,837
2015 $7,413 $644,417 $222,991 $421,426
2014 $7,259 $631,794 $218,623 $413,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22258600

California Regional Multiple Listing Service (CRMLS)

APN: 031-142-09

California Orange County Fullerton 92833

1108 W Commonwealth Ave, Fullerton, CA

Not Listed for Sale

MultiFamily

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