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

Apartment

Bedrooms

20

Building size

12,504 sqft

Lot size

24,632 sqft

Year built

1959

Stories

2

Garage spaces

20

Pool

None

Status

Active

Days on market

0

MLS #

247982695

About this property

The property consists of (20) 1 Bedroom / 1 Bath units situated on two parcels of land, with a large central courtyard that may provide potential for multiple ADUs. The property offers 24 total parking spaces, including 10 two-car garages and four additional spaces. The garages may also provide future ADU conversion potential, creating an opportunity to add units and enhance long-term value. Ideally located just 0.9 miles from Cal State Fullerton and approximately 2.1 miles from Downtown Fullerton, the property benefits from strong rental demand and excellent long-term investment appeal.

Location

2312 Commonwealth

Fullerton, Orange, CA, 92831