151 N Lincoln Ave Fullerton, CA 92831
Estimated payment $8,342/month
Total Views
297
4
Beds
4
Baths
2,185
Sq Ft
$617
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Forced Air Heating System
- Fullerton Union High School Rated A
About This Home
Two Homes on One Lot in Historic Fullerton (R2P Zoned) Rare opportunity to own two beautifully remodeled homes on a single lot in Fullerton’s Historic Preservation Zone. Zoned R2P, this unique property combines classic Craftsman character with modern updates and a current solid investment. The charming front corner Craftsman features 2 bedrooms, 2 baths, a private side yard, and a spacious upstairs attic with endless potential. Fully remodeled in 2022, it offers a new kitchen, updated baths, modern flooring, inside laundry, and a 2-car garage. The separate rear unit was also refreshed in 2022 with new flooring and countertops. Highlights include a welcoming front lawn area, a relaxing deck off the living space, laundry in the garage, and its own 2-car garage—perfect for rental income, multigenerational living, or a private guest retreat. Both homes enjoy a freshly painted exterior and low-maintenance design, making this a true turnkey property. Ideally located near Cal State Fullerton, Fullerton College, and within walking distance to Downtown Fullerton, residents can enjoy award-winning restaurants, cafes, shops, and nightlife. A rare blend of historic charm, zoning flexibility, and modern convenience—this property is a solid investment opportunity in the heart of Fullerton.
Listing Agent
Seven Gables Real Estate Brokerage Phone: 714-944-9840 License #01185627 Listed on: 08/25/2025
Co-Listing Agent
Seven Gables Real Estate Brokerage Phone: 714-944-9840 License #02126597
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,073
Year Built
- Built in 1898
Lot Details
- 6,250 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,185 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 82
- Tax Tract Number 205
- Assessor Parcel Number 03317114
- $541 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,700
- Insurance Expense $2,000
- New Taxes Expense $14,973
- Operating Expense $15,273
- Gross Income $80,400
- Net Operating Income $65,127
Map
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Home Values in the Area
Average Home Value in this Area
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 | $12,073 | $1,102,824 | $954,551 | $148,273 |
| 2024 | $12,073 | $1,081,200 | $935,834 | $145,366 |
| 2023 | $11,784 | $1,060,000 | $917,484 | $142,516 |
| 2022 | $3,324 | $268,347 | $116,301 | $152,046 |
| 2021 | $3,267 | $263,086 | $114,021 | $149,065 |
| 2020 | $3,247 | $260,389 | $112,852 | $147,537 |
| 2019 | $3,169 | $255,284 | $110,639 | $144,645 |
| 2018 | $3,121 | $250,279 | $108,470 | $141,809 |
| 2017 | $3,069 | $245,372 | $106,343 | $139,029 |
| 2016 | $3,007 | $240,561 | $104,258 | $136,303 |
| 2015 | $2,926 | $236,948 | $102,692 | $134,256 |
| 2014 | $2,843 | $232,307 | $100,680 | $131,627 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $1,349,000 | 0.0% | $617 / Sq Ft |
| 05/01/2024 05/01/24 | Rented | $3,600 | 0.0% | -- |
| 04/16/2024 04/16/24 | For Rent | $3,600 | 0.0% | -- |
| 09/09/2022 09/09/22 | Sold | $1,060,000 | -3.6% | $1,019 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 08/11/2022 08/11/22 | For Sale | $1,100,000 | -- | $1,058 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,060,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Sd | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $795,000 | Credit Line Revolving | |
| Previous Owner | $152,000 | New Conventional | |
| Previous Owner | $60,000 | New Conventional |
Source: Public Records
Similar Homes in Fullerton, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25191458
APN: 033-171-14
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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