1600 Picadilly Way Fullerton, CA 92833
Northwest Anaheim NeighborhoodEstimated payment $9,429/month
Highlights
- Open Floorplan
- Tile Flooring
- Wall Furnace
- No HOA
About This Home
Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential. Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box. Located just minutes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive. Opportunities like this are increasingly rare—a stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.
Listing Agent
Legacy Real Estate Brokerage Phone: 7145801014 License #01333762 Listed on: 07/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,523 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Quadruplex
- Entry on the 2nd floor
- Asphalt Roof
Interior Spaces
- 3,980 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Laundry in unit
Kitchen
- Gas Oven
- Built-In Range
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 5071
- Assessor Parcel Number 07135132
- $1,102 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,140
- Gardener Expense $1,490
- Insurance Expense $3,160
- Trash Expense $1,437
- Water Sewer Expense $2,466
- Operating Expense $8,553
- Net Operating Income $97,407
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $10,101 | $864,125 | $748,502 | $115,623 |
| 2024 | $10,101 | $847,182 | $733,826 | $113,356 |
| 2023 | $9,853 | $830,571 | $719,437 | $111,134 |
| 2022 | $9,777 | $814,286 | $705,331 | $108,955 |
| 2021 | $9,611 | $798,320 | $691,501 | $106,819 |
| 2020 | $9,556 | $790,135 | $684,411 | $105,724 |
| 2019 | $9,319 | $774,643 | $670,992 | $103,651 |
| 2018 | $9,181 | $759,454 | $657,835 | $101,619 |
| 2017 | $9,031 | $744,563 | $644,936 | $99,627 |
| 2016 | $8,847 | $729,964 | $632,290 | $97,674 |
| 2015 | $7,625 | $627,061 | $533,682 | $93,379 |
| 2014 | -- | $614,778 | $523,228 | $91,550 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/02/2026 07/02/26 | For Sale | $1,599,000 | 0.0% | $402 / Sq Ft | |
| 05/25/2026 05/25/26 | Rented | $2,350 | +1.1% | -- | |
| 04/30/2026 04/30/26 | Price Changed | $2,325 | -3.1% | $3 / Sq Ft | |
| 03/26/2026 03/26/26 | Price Changed | $2,400 | -4.0% | $3 / Sq Ft | |
| 03/10/2026 03/10/26 | For Rent | $2,500 | 0.0% | -- | |
| 11/20/2019 11/20/19 | Sold | $1,100,000 | -4.3% | $301 / Sq Ft | View Prior Sale |
| 10/19/2019 10/19/19 | Pending | -- | -- | -- | |
| 08/07/2019 08/07/19 | Price Changed | $1,149,900 | -4.2% | $315 / Sq Ft | |
| 05/10/2019 05/10/19 | For Sale | $1,200,000 | -- | $328 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26144190
APN: 071-351-39
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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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