2024 E Commonwealth Ave Fullerton, CA 92831
Estimated payment $11,056/month
Highlights
- Laundry Room
- Forced Air Heating System
- 1-Story Property
- Troy High School Rated A+
About This Home
Presenting 2024 E Commonwealth Avenue, a single-story turnkey 4-unit multifamily investment property located in Fullerton, CA. The subject property features an extremely attractive unit mix for potential residents comprised of (3) two-bedroom/one-bathroom units (835 sq ft each) and (1) oversized one-bedroom/one-bathroom unit (793 sq ft). 2024 E Commonwealth Avenue also provides residents with amenities such as (4) garage parking spaces, private patios, and in-unit all-in-one washer/dryer combos.
2024 E Commonwealth Ave benefits from its desirable central location being located nearby California State University Fullerton, Fullerton College, Downtown Fullerton, and next door to Commonwealth Elementary School providing residents an amazing living environment due to its proximity to entertainment, schools, shopping, and dining. Current ownership has also substantially renovated the property. All 4-units were fully renovated in 2025 with laminate flooring, all-in-one washer/dryer combos, dual-pane windows, shaker style cabinets, quartz countertops, and new appliances. The subject property also benefits from new paint and updated electrical panels. Taking into consideration, the subject property’s phenomenal location, single-story construction, and recent upgrades, 2024 E Commonwealth Avenue provides a subsequent owner a rare opportunity to acquire a fully repositioned asset in one of Orange County’s premier rental markets.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 8,025 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
- 1 Open Parking Space
- Parking Available
- Rear-Facing Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,298 Sq Ft Home
- 1-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Additional Features
- Suburban Location
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 2008
- Assessor Parcel Number 26901111
- $905 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 1 Separate Electric Meter
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $213
- Fuel Expense $312
- Gardener Expense $1,200
- Insurance Expense $3,117
- Maintenance Expense $2,804
- Pest Control $1,000
- Supplies Expense $509
- Trash Expense $1,056
- Water Sewer Expense $2,339
- New Taxes Expense $21,582
- Operating Expense $34,132
- Gross Income $127,283
- Net Operating Income $93,151
Map
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 | $11,861 | $1,006,223 | $856,631 | $149,592 |
| 2024 | $11,396 | $986,494 | $839,835 | $146,659 |
| 2023 | $11,120 | $967,151 | $823,367 | $143,784 |
| 2022 | $11,042 | $948,188 | $807,223 | $140,965 |
| 2021 | $10,852 | $929,597 | $791,396 | $138,201 |
| 2020 | $10,792 | $920,066 | $783,282 | $136,784 |
| 2019 | $10,517 | $902,026 | $767,924 | $134,102 |
| 2018 | $10,360 | $884,340 | $752,867 | $131,473 |
| 2017 | $10,188 | $867,000 | $738,104 | $128,896 |
| 2016 | $8,469 | $710,675 | $608,805 | $101,870 |
| 2015 | $8,237 | $700,000 | $599,660 | $100,340 |
| 2014 | $7,618 | $650,000 | $549,660 | $100,340 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | For Sale | $1,899,000 | +123.4% | $576 / Sq Ft | |
| 04/28/2016 04/28/16 | Sold | $850,000 | 0.0% | $263 / Sq Ft | View Prior Sale |
| 03/21/2016 03/21/16 | Pending | -- | -- | -- | |
| 02/24/2016 02/24/16 | For Sale | $850,000 | -- | $263 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26068965
APN: 269-011-11
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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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