Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

1

Building size

1,398 sqft

Lot size

5,427 sqft

Year built

1940

Stories

1

Garage spaces

2

Style

Craftsman

Heating

Natural Gas,Forced Air,Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

50

MLS #

245678635

About this property

RE-IMAGINED CRAFTSMAN HOME | RCFE-READY | SINGLE STORY | NO HOA | LOW TAXES | CORNER LOT | A rare opportunity for an entrepreneur or established operator to own a beautifully renovated Craftsman home thoughtfully designed for Residential Care Facility for the Elderly (RCFE) use while also offering exceptional appeal as a private residence. The current owners obtained RCFE approval for 6 residents across 4 bedrooms and with accessibility improvements already completed this is a turnkey opportunity to establish or expand an assisted living business (buyer to verify licensing requirements). Thoughtfully designed to provide comfort, accessibility, & peace of mind, this beautifully renovated home offers a warm residential setting where seniors can enjoy independence while receiving personalized care. Bright, open living spaces, accessible bathrooms, wide hallways, & inviting outdoor areas create spaces that feel like home while meeting needs of residents, caregivers, & visiting family. Originally built in 1940, the home blends timeless Craftsman character with modern upgrades. Covered front porch, large windows, custom door & window moldings, & elegant wainscoting create warmth & sophistication. Spacious living and dining rooms are filled with natural light and a remodeled kitchen features white shaker cabinetry, quartz countertops, soft-close doors/drawers, filtered water, tile backsplash, & stainless steel appliances. Primary suite includes a remodeled en-suite with walk-in shower. 3 additional bedrooms, one with adjoining powder-room, and a 3rd remodeled bathroom with a roll-in shower provide flexibility. ADA accessibility includes widened doorways & hallways, front entry ramp, grab bars, push-bar doors, accessible bathrooms with non-slip flooring, & wheelchair-friendly indoor/outdoor living areas. An oversized backyard offers mature fruit trees, shaded side yard, covered outdoor dining, and expansive hardscape designed for mobility. Other upgrades include dual-pane windows, LED lighting, updated AC, newer interior/exterior paint, & new flooring. A detached 2-car garage includes an oversized laundry room with cabinets; a 2-car driveway and ample street parking is available. Ideally located in high-demand OC near hospitals, physicians, rehabilitation centers, shopping, major freeways, & public transport, this exceptional property offers an outstanding opportunity to launch or expand an RCFE business or to simply enjoy as an elegant, move-in-ready home.

Location

2700 W Olive Avenue

Fullerton, Orange, CA, 92833