151 N Lincoln
Fullerton, CA, 92831 $ 1,350,000
Baths2.0 Sq 2,188 Monthly Estimate*
$ 8,312
Listed by Seven Gables Real Estate
Studio for $1,350,000 with 2 full baths. This 2,188 square foot home was built in 1898 on a lot size of 0.14.
A rare opportunity to own two fully detached homes on a single lot in Fullerton’s Historic Preservation Zone, offering versatile living options and strong investment potential. Zoned R2P, this property is ideal for multi-generational living, rental income, or an owner-occupant seeking flexibility in a highly desirable neighborhood. The front Craftsman home features 2 bedrooms plus office area, 2 bathrooms, and approximately 1,093 sq ft. Fully remodeled in 2022, it offers a bright and functional layout with a new kitchen, updated baths, modern flooring, inside laundry, and a 2-car garage. Additional highlights include a private side yard, a spacious attic with expansion potential, and a welcoming front lawn that enhances its classic charm. The rear residence provides approximately 1,095 sq ft and was also refreshed in 2022 with new flooring and updated countertops. It includes its own 2-car garage, laundry in the garage, and a deck off the living area. Both homes feature a freshly painted exterior, low-maintenance design, and timeless architectural details, offering a true turnkey experience. Ideally located near Cal State Fullerton and Fullerton College, and within walking distance to Downtown Fullerton’s restaurants, cafes, shops, and nightlife, the property provides convenient access to schools, parks, and local amenities. This combination of historic character, flexible zoning, and modern updates makes the property a unique and valuable opportunity in one of Fullerton’s most sought-after areas.
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FeaturesGeneralSewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Appliances Electric Range Gas Range
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1898
View None
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 81600
Community Features Street Lights Suburban
County Orange
Net Operating Income 60900
Operating Expense 20700
Insurance Expense 2500
New Construction false
Property Type Residential Income
HOA false
Contingency none
Subdivision Name other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions corner of lincoln and wilshire
City Fullerton
Entry Location ground
Senior Community Y/N false
Number Of Units Total 2
MLS Area 83 - Fullerton
Lot Size Units Square Feet
Lot Size Square Feet 6098
Listing Terms Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 82
Property Sub Type Additional Duplex
Taxes 16200
Cap Rate 4.5
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InteriorInterior Amenities All Bedrooms Up All Bedrooms Down
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside In Garage
Entry Level 1
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ExteriorLot Features 2-5 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 6098
Number of Buildings 2
Building Area Total 2188
Lot Size Acres 0.14
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList BySeven Gables Real EstateBroker
jerryj@sevengables.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,312
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fullerton, CA
Average List Price $2,406,740
Percent of Sale Price 78%
About Fullerton, CA 139,502 Population
11% Since 2002
$ 70,499 Median Income
36.61 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/13/2026 | $1,350,000 | | Listed Price |