2024 E Commonwealth Ave Fullerton, CA $ 1,899,000
2024 E Commonwealth Ave
$ 1,899,000
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2024 E Commonwealth Ave

Fullerton, CA, 92831
$ 1,899,000
Baths1.0 Sq 3,298

Monthly Estimate*

$ 11,692

Listed by Kirklen Investment Group
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 1
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 2
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 3
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 4
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 5
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 6
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 7
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 8
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 9
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 10
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 11
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 12
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 13
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 14
2024 E Commonwealth Ave, Fullerton, CA 92831 - Image 15
Studio

Multi-Family Home for sale in Fullerton, CA

for $1,899,000 with 1 full bath. This 3,298 square foot home was built in 1960 on a lot size of 0.1842.

Presenting 2024 E Commonwealth Avenue, a single-story turnkey 4-unit multifamily investment property located in Fullerton, CA. The subject property features an extremely attractive unit mix for potential residents comprised of (3) two-bedroom/one-bathroom units (835 sq ft each) and (1) oversized one-bedroom/one-bathroom unit (793 sq ft). 2024 E Commonwealth Avenue also provides residents with amenities such as (4) garage parking spaces, private patios, and in-unit all-in-one washer/dryer combos. 2024 E Commonwealth Ave benefits from its desirable central location being located nearby California State University Fullerton, Fullerton College, Downtown Fullerton, and next door to Commonwealth Elementary School providing residents an amazing living environment due to its proximity to entertainment, schools, shopping, and dining. Current ownership has also substantially renovated the property. All 4-units were fully renovated in 2025 with laminate flooring, all-in-one washer/dryer combos, dual-pane windows, shaker style cabinets, quartz countertops, and new appliances. The subject property also benefits from new paint and updated electrical panels. Taking into consideration, the subject property’s phenomenal location, single-story construction, and recent upgrades, 2024 E Commonwealth Avenue provides a subsequent owner a rare opportunity to acquire a fully repositioned asset in one of Orange County’s premier rental markets.

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Multi-Family Active

Price

$ 1,899,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1842

Year Built

1960

Town/City

Fullerton

County/Region

Orange

MLS | Web ID

OC26068965

Days on Market

15

Features
General
Sewer Public Sewer
Heating Forced Air
Appliances Dryer Washer
Garage Spaces 4
Pool Features None
Year Built 1960
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 127283
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 93151
Operating Expense 34132
Insurance Expense 3117
New Construction false
Property Type Residential Income
MaintenanceExpense 2804
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 57 North Exit Chapman head West South on State College Blvd West on E Commonwealth
City Fullerton
Entry Location front
Senior Community Y/N false
Open Parking Spaces 1
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 8025
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 213
Fuel Expense 312
Trash Expense 1056
Water Sewer Expense 2339
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Quadruplex
Taxes 21582
Cap Rate 4.91
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Interior
Flooring Laminate
Total Stories 1
Common Walls 2+ Common Walls
Heating Y/N true
Entry Level 1
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Exterior
Parking Features Garage Faces Rear
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 5
Lot Size Area 8025
Number of Buildings 1
Building Area Total 3298
Lot Size Acres 0.1842
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 1
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* Excluded Features
List By
Kirklen Investment Group

Broker

paul@kig-usa.com

Email

Affordability Calculator

$11,692
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Monthly Principal & Interest
$11,692
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$1,899,000 Listed Price

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2024 E Commonwealth Ave, Fullerton, CA, 92831 is a Multi-Family Home for sale at $1,899,000 with 3,298 sqft and a lot size of 0.1842. 2024 E Commonwealth Ave is a studio with 1.0 baths and was built in 1960. The property's zip code is 92831 which is in Fullerton, CA