116 -114 N Cornell Fullerton, CA 92831
Lower Raymond Hills NeighborhoodEstimated payment $13,002/month
Highlights
- Solar Power System
- All Bedrooms Downstairs
- Private Yard
- Acacia Elementary School Rated A-
- Colonial Architecture
- No HOA
About This Home
A rare opportunity to own a four-unit income property in Fullerton's Historic Preservation Zone. Zoned R2P, this exceptional investment offers incredible flexibility for investors, owner-occupants, or multi-generational living. Featuring four separate addresses, individually metered electricity, and private laundry for each unit, this turnkey property is thoughtfully designed for convenience, efficient management, and maximum income potential.
The beautifully remodeled 3-bedroom, 2-bathroom main house (116 N Cornell) is tucked away at the rear of the property with direct access to a quiet alley, offering privacy and convenience.
Adjacent to the main house, the original two-story garage building (114 N Cornell) includes a charming 225 sq. ft. studio apartment upstairs, complete with a kitchenette and full bathroom.
At the front of the property sits a brand-new duplex (114A & 114B N Cornell), completed in July 2026, featuring two spacious 3-bedroom, 2-bathroom units—one upstairs and one downstairs—each offering just under 1,000 sq. ft. of living space. Both units come equipped with fully paid-off solar systems, providing energy efficiency, lower electricity costs, and long-term value.
All four units showcase high-end finishes, including luxury vinyl plank flooring, soaring ceilings, and energy-efficient ductless mini-split systems throughout. The modern kitchens feature quartz countertops, stainless steel appliances, and ceiling-height Shaker cabinetry. Bathrooms are beautifully appointed with designer vanities, custom tilework, and frameless glass shower doors.
Outdoor spaces are equally inviting. The main house offers a private patio, while the newly constructed duplex features a charming front yard enclosed by a classic white picket fence.
Location is everything! Situated in the heart of Downtown Fullerton, you'll enjoy walking distance to popular restaurants, coffee shops, boutiques, and entertainment along Commonwealth Avenue. The property is near award-winning Troy High School, as well as Fullerton College, Cal State Fullerton, and the Fullerton Transportation Center. Downtown Anaheim, Angel Stadium, and Disneyland are all nearby.
Whether you're looking to live in one unit while generating rental income from the others, expand your investment portfolio with immediate cash flow, or accommodate a large or multigenerational family, this versatile property checks every box—don't miss this exceptional opportunity!
Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 6,250 Sq Ft Lot
- Wood Fence
- Private Yard
- Density is 2-5 Units/Acre
Home Design
- Colonial Architecture
- Entry on the 1st floor
- Raised Foundation
Interior Spaces
- 3,217 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Vinyl Flooring
- Neighborhood Views
- Electric Oven
Bedrooms and Bathrooms
- 10 Bedrooms
- All Bedrooms Down
- 7 Full Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
Additional Features
- Solar Power System
- Urban Location
- Zoned Heating and Cooling
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 205
- Assessor Parcel Number 03317311
- $406 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 2 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2026 08/23/26 | Price Changed | $1,995,000 | -5.0% | $620 / Sq Ft |
| 07/21/2026 07/21/26 | For Sale | $2,100,000 | -- | $653 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26158101
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Ask me questions while you tour the home.