1537 W Commonwealth Ave, Fullerton, CA 92833

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1537 W Commonwealth Ave Fullerton, CA 92833

$800,000 Sold Price as of 05/24/2021

4 Beds
2 Baths
1,650 Sq.Ft.

Sold

$800,000 Sold Price as of 05/24/2021 Refinance Your Mortgage

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Map preview of 1537 W Commonwealth Ave, Fullerton, CA 92833

Property Overview: 1537 W Commonwealth Ave Fullerton, CA has 4 bedrooms, 2 bathrooms, 1,650 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very rare Duplex on a huge lot. You don't want to miss this duplex in beautiful Fullerton within 5 miles of Cal State Fullerton. Great Income potential. Nice back yard, big grassy area plus one car garage per unit. You don't want to miss this opportunity!

Listed by MaryLou AdameMartinez | BRE #01915255 | Seven Gables Real Estate

Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft: 8,276
HOA Dues: $0/mo
Year built: 1950
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: OC20253045
City: Fullerton
County: Orange
Time on Site: 1212 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,750
Total Rent: $21,000
Pro Forma/Market Rent: $26,400

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,450
Total Rent: $17,400
Pro Forma/Market Rent: $26,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $37,236
Net Operating Income: $34,236
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $3,300
Electric: $0
Gas/Fuel: $0
New Taxes: $8,688
Trash: $600
Insurance: $900
Water/Sewer: $1,800

Property Details for 1537 W Commonwealth Ave

Interior Features

Heating Information

Has Heating
Central

Laundry Information

Has Laundry
Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 4
Has Parking
Parking Features: Garage

Lot Information

Lot Features: Yard
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 1 Common Wall
Total # of Units: 2
Parcel Number: 03111325
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Subdivision Name: Other (OTHR)
Other Subdivision Name: Other
Directions: From W. Commonwealth Avenue turn right onto N. Orchard Ave

Neighborhood Information

Community Features: Sidewalks

View more facts & features

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Sale History for 1537 W Commonwealth Ave

Last sold for $800,000 on May 24th, 2021

May, 2021
May 25, 2021

Date

Sold

CRMLS: OC20253045

$800,000

Price
Apr 22, 2021

Date

Pending

CRMLS: OC20253045

$789,000

Price
Mar 10, 2021

Date

Active Under Contract

CRMLS: OC20253045

$789,000

Price
Feb 12, 2021

Date

Active

CRMLS: OC20253045

$789,000

Price
Feb 12, 2021

Date

Hold

CRMLS: OC20253045

$789,000

Price
Jan 17, 2021

Date

Price Change

CRMLS: OC20253045

$789,000

Price
Dec 11, 2020

Date

Active

CRMLS: OC20253045

$800,000

Price
June, 2015
Jun 25, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1537 W Commonwealth Ave

Assessed Value (2020): $125,728

Year	Land Value	Improved Value	Assessed Value
2020	$90,075	$35,653	$125,728

Home Value Compared to the Market

This property vs the competition

1537 W Commonwealth Ave sold on May 24, 2021 for 19.9% lower than the current median sold price for the city of Fullerton which is $985,000. The median sold price per/sqft for Fullerton is $618 and this home is sold at $478.18 per/sqft which puts the price per square foot 22.62% lower than the current median sale per square foot for the city of Fullerton.

About 1537 W Commonwealth Ave

Detailed summary of property

1537 W Commonwealth Ave is a multi family that recently sold in Fullerton, CA 92833. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,650 living square feet, and sits on an approximately 8,276 square foot lot. 1537 W Commonwealth Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $800,000. Home in Fullerton are selling for a median price of $985,000 and a median price per square foot of $618. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 19.9% lower than the current median priced home. Local homes that are currently for sale include 430 Rose Ave, 1125 E 17th St and 175 E Pleasant St. While the average home in Fullerton, CA is selling in 42 days, 1537 W Commonwealth Ave has a days on market of 87 days. There are currently 176 homes for sale in the Fullerton real estate market and 130 of them are single family homes while 35 of them are condos and 11 are townhomes. For more information on this home for sale at 1537 W Commonwealth Ave Fullerton, CA 92833 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 1537 W Commonwealth Ave

Public county record property details

Beds: --
Baths: --
Year built: 1950
Sq. Ft.: 1,578
Lot Size: 8,322
Stories: 1

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Orange
Lot#: 2
APN: 031-113-25

The source for these homes facts are from public records.

92833 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,000

Median List Price/Sq.Ft.

$590

Median Sold Price

$915,000

Median Sold Price/Sq.Ft.

$618

Total Inventory

Median Sale to List Price %

102.82%

Avg Days on Market

Loan Type

Conventional (37.5%), FHA (3.13%), VA (0%), Cash (31.25%), Other (28.13%)

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Homes for Sale Near 1537 W Commonwealth Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.