Recently Listed New Construction 422 W Amerige Avenue
Fullerton, CA, 92832 $ 1,450,000
Bedrooms5 Baths4.0 Sq 2,474 Monthly Estimate*
$ 8,928
for $1,450,000 with 5 bedrooms and 4 full baths. This 2,474 square foot home was built in 2026 on a lot size of 0.1607.
Live in One, Rent the Other! Rare Downtown Fullerton Property Featuring Two Homes on One Lot with Income Potential on a 7,000+ Sq. Ft. Lot. Total Potential Monthly Income: $7,000/month. All Utilities Paid by Tenants. Rare Downtown Fullerton Opportunity – Ideal for Investors, 1031-exchange Buyers, and Owner-Occupants seeking Rental Income. Welcome to 422 W. Amerige Avenue, a truly unique property offering the perfect combination of charm, modern upgrades, and investment potential in one of Fullerton's most desirable neighborhoods. Situated on an expansive 7,000+ square foot lot in the heart of Downtown Fullerton, this exceptional property features: UNIT 1 - MAIN HOUSE | a beautifully updated 3-bedroom, 2-bath main residence with approximately 1,474 square feet of living space. UNIT 2 - ADU | Built in 2026, fully permitted 2-bedroom, 2-bath offering approximately 1,000 square feet. The ADU is currently tenant-occupied, generating $3,000 per month in rental income, with an existing two-year lease in place, providing immediate and stable cash flow for investors. The owner has invested significantly in quality improvements, including newer windows (2023), a California Cool Roof (2024), a newer HVAC system (2021), and a new electric water heater installed in 2026. The stylish kitchen features a premium Fisher & Paykel electric oven, while the Nest smart thermostat provides convenient climate control from anywhere. Step outside and enjoy the private side patio and elevated deck with electricity—perfect for entertaining, outdoor dining, or creating your own backyard retreat. The generous lot provides valuable outdoor space rarely found in this sought-after downtown location. Additional features include a 1-car garage, carport, and permitted improvements throughout the property. Location is everything, and this home delivers. Just blocks from vibrant Downtown Fullerton, you'll enjoy easy access to popular restaurants, coffee shops, entertainment venues, local events, and the Fullerton Transportation Center with direct rail service to Downtown Los Angeles and Orange County destinations. Families will appreciate access to the highly regarded Fullerton School District and Fullerton Joint Union High School District, including eligibility to apply for the nationally recognized STEM programs at Troy High School. Schedule your showing today and discover why this is one of Downtown Fullerton's most compelling properties currently available.
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FeaturesGeneralLiving Area 2474
Sewer Public Sewer
Heating Central
Cooling Central Air
Roof Shingle
Appliances Dishwasher Electric Range Gas Range Refrigerator Range Hood
HOA Fee 0
Garage Spaces 1
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 2026
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Sidewalks
County Orange
New Construction true
Property Type Residential
HOA false
Attached Garage true
Subdivision Name OTHR
Garage Y/N true
Full Baths 4
Special Listing Conditions Standard
Status Active
Directions Richman Ave & Commonwealth Ave
City Fullerton
Entry Location Front Door
Senior Community Y/N false
High School District Fullerton Joint Union High
Number Of Units Total 2
MLS Area 83 - Fullerton
Lot Size Units Square Feet
Lot Size Square Feet 7000
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Builder
Tax Lot 16
Property Sub Type Additional Single Family Residence
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InteriorInterior Amenities Separate/Formal Dining Room Recessed Lighting Unfurnished All Bedrooms Down
Flooring Vinyl
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 4
Total Baths 4
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ExteriorParking Features Driveway Garage
Water Source Public
Total Parking 1
Lot Size Area 7000
Lot Size Acres 0.1607
Private Pool false
Lot Size Source Assessor
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,928
- 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 NearbySingle family listings in Fullerton, CA
Average List Price $1,377,181
Percent of Sale Price 5%
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 |
|---|
| 6/8/2026 | $1,450,000 | | Listed Price |