NOT LISTED FOR SALE

1318 W Commonwealth Ave Fullerton, CA 92833

Fullerton Area
2 Beds
2 Baths
1,300 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: March 5, 2025

Last sale price $800,000 $615 Per Sq Ft

56 Days on Market

About This Home

As of March 2025

Unique Opportunity in Prime Fullerton Location! Welcome to 1318 W Commonwealth, a versatile 2-story duplex located in the heart of Fullerton's general commercial zone. This exceptional property offers the perfect blend of residential and commercial possibilities, providing an unbeatable opportunity for investors, business owners, and tenants alike. Fresh Updates Throughout! Recent updates have enhanced the property's charm and functionality, making it an attractive option for a variety of uses. The interior boasts newer flooring and updated fixtures creating an inviting atmosphere and the exterior has been freshly painted. Endless Possibilities - With its general commercial zoning, this duplex offers flexibility for various applications: - Rent to residential tenants seeking a convenient, urban lifestyle - Lease to businesses looking for a prime location, such as offices, retail shops, or services - Utilize as a live-work space, combining residential and commercial uses. Situated in the vibrant city of Fullerton, this property benefits from - Easy access to major highways and public transportation - Proximity to Downtown Fullerton's shops, restaurants, and entertainment - Close proximity to California State University, Fullerton. Key Features - 2-story duplex with ~1300 sq ft of living/working space - 2 bedrooms and 2 bathrooms – bottom unit has indoor laundry room - general commercial zoning (GC) - fresh updates throughout - prime location in Fullerton's urban core. Don't miss this exceptional opportunity to own a versatile property in a thriving city.

Last Agent to Sell the Property

Richard Buckisch

Exp Realty of California Inc. Brokerage Phone: 626-945-9545 License #01756276 Listed on: 11/22/2024

Exp Realty of California  Inc.

Last Buyer's Agent

Rick Violett

Investment Brokers O.C. License #00490471

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 577
  • Assessor Parcel Number 03114102
  • $528 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Fullerton Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

5,663 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Fullerton Heights (FULH)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 03114102
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 615.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 577
  • TaxOtherAnnualAssessmentAmount: 528.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 21, 2025
Sold by
Bought by
Seller's Agent
Richard Buckisch
Exp Realty of California Inc.
Buyer's Agent
Rick Violett
Investment Brokers O.C.
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$572,696
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2007
Sold by
Bought by

Purchase Details

Closed on
May 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Bought by
Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$800,000 Wfg National Title
$440,000 None Available
-- None Available
$224,000 Southland Title Corporation
-- Southland Title Corporation
-- Southland Title Corporation
-- Fidelity National Title Ins
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $581,250
Previous Owner $425,000
Previous Owner $179,200
Previous Owner $93,000
Source: Public Records

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
03/05/2025 03/05/25 Sold $800,000 -5.8% $615 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $849,000 -- $653 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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
2026 $6,749 $816,000 $759,707 $56,293
2025 $6,485 $567,956 $517,915 $50,041
2024 $6,485 $556,820 $507,760 $49,060
2023 $6,327 $545,902 $497,803 $48,099
2022 $6,282 $535,199 $488,043 $47,156
2021 $6,174 $524,705 $478,473 $46,232
2020 $6,140 $519,325 $473,567 $45,758
2019 $5,984 $509,143 $464,282 $44,861
2018 $5,895 $499,160 $455,178 $43,982
2017 $5,798 $489,373 $446,253 $43,120
2016 $4,331 $355,337 $315,973 $39,364
2015 $4,214 $350,000 $311,227 $38,773
2014 $4,167 $350,000 $311,227 $38,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24238966

California Regional Multiple Listing Service (CRMLS)

APN: 031-141-02

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