1318 West Commonwealth Avenue

Fullerton, CA 92833

$849,000
Price
2
Beds
2
Baths
1,300 Sq. Ft.
$653 / Sq. Ft.
1,300
Sq. Ft.
$653
per Sq. Ft.

Description

Unique Opportunity in Prime Fullerton Location! Welcome to 1318 W Commonwealth, a versatile 2-story duplex located in the heart of Fullerton's general commercial zone. This exceptional property offers the perfect blend of residential and commercial possibilities, providing an unbeatable opportunity for investors, business owners, and tenants alike. Fresh Updates Throughout! Recent updates have enhanced the property's charm and functionality, making it an attractive option for a variety of uses. The...Unique Opportunity in Prime Fullerton Location! Welcome to 1318 W Commonwealth, a versatile 2-story duplex located in the heart of Fullerton's general commercial zone. This exceptional property offers the perfect blend of residential and commercial possibilities, providing an unbeatable opportunity for investors, business owners, and tenants alike. Fresh Updates Throughout! Recent updates have enhanced the property's charm and functionality, making it an attractive option for a variety of uses. The interior boasts newer flooring and updated fixtures creating an inviting atmosphere and the exterior has been freshly painted. Endless Possibilities - With its general commercial zoning, this duplex offers flexibility for various applications: - Rent to residential tenants seeking a convenient, urban lifestyle - Lease to businesses looking for a prime location, such as offices, retail shops, or services - Utilize as a live-work space, combining residential and commercial uses. Situated in the vibrant city of Fullerton, this property benefits from - Easy access to major highways and public transportation - Proximity to Downtown Fullerton's shops, restaurants, and entertainment - Close proximity to California State University, Fullerton. Key Features - 2-story duplex with ~1300 sq ft of living/working space - 2 bedrooms and 2 bathrooms – bottom unit has indoor laundry room - general commercial zoning (GC) - fresh updates throughout - prime location in Fullerton's urban core. Don't miss this exceptional opportunity to own a versatile property in a thriving city.

Property Details for 1318 West Commonwealth Avenue

Parking Spaces Total
1
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1300
Assessor Parcel Number
031-141-02
Property Attached YN
true

Open Houses

Saturday, Nov 23rd

1:00 PM - 4:00 PM

Public

LISTING UPDATED: 11/22/2024 10:41 PM

Property Details for 1318 West Commonwealth Avenue

StatusActive
MLS #BB24238966
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.13 AC / 5,663 SF
CountyOrange County

Building Information for 1318 West Commonwealth Avenue

Stories2Year Built1948Building Size-Lot Size0.13 AC / 5,663 SF

Property Information for 1318 West Commonwealth Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 577
  • CFD/Mello-Roos Fee: $528
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Fullerton Heights
  • Builders Tract Code: Fullerton Heights (FULH)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1318 West Commonwealth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1318 West Commonwealth Avenue

Taxable ValueLand$507,760Additions$49,060Total$556,820
Tax Record2024$6,485 ($540 / month)
Home Facts
Total Finished SqFt1,192 SqFtAbove Grade Finished SqFt1,192 SqFtStories2Lot Size5,630 SqFtStyleDuplexYear Built1948CountyORANGEAPN031-141-02

Schools near 1318 West Commonwealth Avenue

This home is within Fullerton Joint Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pacific Drive Elementary School
PublicK to 6

Nicolas Junior High School
Public7 to 8

Sunny Hills High School
Public9 to 12

La Sierra High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1318 West Commonwealth Avenue is a multi-family home for sale in Fullerton, CA 92833. This property was listed for sale on November 22, 2024 by Exp Realty of California Inc., it's currently listed at $849,000. It has been on the market for a total of 1 days and was last sold on September 29, 2009. This listing's school districts are Fullerton Joint Union High School District, Fullerton Elementary School District. Nearby schools include Pacific Drive Elementary School, Nicolas Junior High School and Sunny Hills High School. 1318 West Commonwealth Avenue is a 2-bed, 2-bath, 1,300 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exp Realty of California Inc., Richard Buckisch, DRE #01756276

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.