NOT LISTED FOR SALE

615 E Commonwealth Ave Fullerton, CA 92831

Estimated Value: $1,372,000 - $1,572,000

6 Beds
5 Baths
3,066 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $1,499,000 $489 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,687/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Bedroom
  • Fullerton Union High School Rated A
  • Wood Flooring
  • Spanish Architecture

About This Home

As of August 2024

Why purchase just one Fullerton home when you can purchase two...or potentially three and grow your real estate portfolio? Back on the market and better than before, 615 and 617 E Commonwealth are fresh with interior updates ready for the new owner’s vision of the perfect investment property near Downtown Fullerton. The properties are nestled in a vintage neighborhood near all of the dining, arts, and entertainment that Downtown Fullerton has to offer. Located approximately two miles from Cal State Fullerton and half a mile from Fullerton College, 615, the single-story front home, is a fine example of Spanish Revival, also known as Pueblo Revival architecture, with many of the original built-ins and character intact. It features three bedrooms and two bathrooms, a welcoming porch, and outdoor space for year-round living. The rear unit, 617, was built in 2010 to complement the front home. The spacious property boasts two, 2-car garages, first floor living room, bedroom, and bathroom with direct access to the garage. The second floor has generous living space including the primary suite with bathroom, third bathroom and bedroom, a second living room, dining room, and kitchen with central balcony. After checking with the City of Fullerton you may be able to make the back home two units in this R-3 Potential Landmark District zoned property. These homes are built for convenience; each home offers indoor laundry and ample private yard spaces all with beautiful landscaping. The pot of gold may be at the end of this rainbow on Commonwealth!

Last Agent to Sell the Property

Cristal Drake

Circa Properties, Inc. License #01272061 Listed on: 06/27/2024

Circa Properties, Inc.

Co-Listed By

David Drake

Circa Properties, Inc. License #01446908

Last Buyer's Agent

Monica Olmos

Century 21 Masters License #01227976

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,498

Year Built

  • Built in 1924

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • South Facing Home
  • Vinyl Fence
  • Stucco Fence
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,066 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Wood Frame Window
  • French Doors
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • 5 Full Bathrooms
  • Soaking Tub
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

  • Raymond Elementary School
  • Ladera Vista Middle School
  • Fullerton Union High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 165
  • Assessor Parcel Number 03313225
  • $922 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,498

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Refrigerators
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Downtown Fullerton East
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 03313225
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3066.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: French Doors, Mirror Closet Door(s), Panel Doors
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 488.91
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Wood Frames
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Soaking Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall, Vinyl
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Schools

  • School District: Fullerton Joint Union High
  • Elementary School: Raymond
  • Middle School: Ladera Vista
  • High School: Fullerton Union
  • Elementary School: Raymond
  • High School: Fullerton Union
  • Middle Or Junior School: Ladera Vista
  • Elementary School #2: RAYMON
  • High School2: FULUNI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6970.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 114.03
  • Tax Lot: 15
  • Tax Tract Number: 165
  • TaxOtherAnnualAssessmentAmount: 921.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 10, 2024
Sold by
9M Investment Lp
Bought by
Chau Binh Quoc
Seller's Agent
Cristal Drake
Circa Properties, Inc.
Buyer's Agent
Monica Olmos
Century 21 Masters
List Price
$1,499,000
Sold Price
$1,499,000
Views
39
Current Estimated Value
$1,479,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,407
Avg. Annual Appreciation
-1.26%
Original Mortgage
$1,499,000
Outstanding Balance
$1,483,626
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$4,033

Purchase Details

Closed on
May 13, 2009
Sold by
Goodyear Steven Richard
Bought by
9M Investment Lp

Purchase Details

Closed on
Feb 8, 2006
Sold by
Lopez Dario
Bought by
Goodyear Steven Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,300
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 27, 2000
Sold by
Risdall Robert
Bought by
Lopez Dario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chau Binh Quoc $1,499,000 First American Title
9M Investment Lp $325,000 Lsi
Goodyear Steven Richard $546,000 Alliance Title Company
Lopez Dario $149,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chau Binh Quoc $1,499,000
Previous Owner Goodyear Steven Richard $74,300
Previous Owner Goodyear Steven Richard $417,000
Previous Owner Lopez Dario C $250,000
Previous Owner Lopez Dario C $199,350
Previous Owner Lopez Dario $188,484
Previous Owner Lopez Dario $164,000
Previous Owner Lopez Dario $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $1,499,000 0.0% $489 / Sq Ft
08/14/2024 08/14/24 Sold $1,499,000 0.0% $489 / Sq Ft
07/06/2024 07/06/24 Pending -- -- --
07/06/2024 07/06/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,499,000 0.0% $489 / Sq Ft
06/27/2024 06/27/24 For Sale $1,499,000 -- $489 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,498 $1,499,000 $1,140,875 $358,125
2024 $7,498 $652,250 $355,672 $296,578
2023 $7,316 $639,461 $348,698 $290,763
2022 $7,266 $626,923 $341,861 $285,062
2021 $7,141 $614,631 $335,158 $279,473
2020 $7,102 $608,329 $331,721 $276,608
2019 $6,919 $596,401 $325,216 $271,185
2018 $6,816 $584,707 $318,839 $265,868
2017 $6,703 $573,243 $312,588 $260,655
2016 $6,565 $562,003 $306,458 $255,545
2015 $6,384 $553,562 $301,855 $251,707
2014 $6,201 $542,719 $295,942 $246,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24130875

California Regional Multiple Listing Service (CRMLS)

APN: 033-132-25