530 W Commonwealth Ave, Fullerton, CA 92832
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530 W Commonwealth Ave Fullerton, CA 92832

$1,100,000 Sold Price as of 04/30/2021
  • -- Beds
  • -- Baths
  • 3,120 Sq.Ft.
Sold
$1,100,000 Sold Price as of 04/30/2021 Refinance Your Mortgage

Map preview of 530 W Commonwealth Ave, Fullerton, CA 92832

Property Overview: 530 W Commonwealth Ave Fullerton, CA has -- bedrooms, -- bathrooms, 3,120 living square feet and 7,405 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Dream ERE is pleased to present the opportunity to acquire 530 W. Commonwealth Ave, a fee simple interest (land and building) investment opportunity centrally located in the heart of Downtown Fullerton for an owner-user / NNN investment. This fantastic building rarely on the market, is approximately 3,120sf in a 7,280sf lot with fenced secure parking. Within walking distance to the vibrant Downtown Fullerton, which features a mixture of restaurants, retailers, medical offices and office professional buildings, MetroLink, City Hall, Fullerton Public Library and Community Center. The 530 W .Commonwealth Ave Building is ideally located in one of Fullerton’s premier intersections near Harbor Boulevard (40,000 vehicles per day), Commonwealth Avenue (16,100 vehicles per day) and Euclid Boulevard (35,100 vehicles per day) with a total of over 91,200 vehicles passing the intersections daily. Zoned for G-C, this Building is suitable for a myriad of permitted uses such as a Professional Office, Medical Building, Dental Office, Retail Store and more. The 530 W. Commonwealth Ave Building is the perfect opportunity to own a property within a C-3 zoned area that provides long term development potential for a mixed-use project (commercial and residential) and numerous other immediate trade area advantages including a new condominium being built in the next block

Listed by Anny Shin Kim | BRE #01856614 | Dream ERE
Co-listed by Christopher Pak | BRE #01519937 | Dream ERE
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,405
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Office
Status
Sold
MLS#
PW21051658
City
Fullerton
County
Orange
Time on Site
1143 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 530 W Commonwealth Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Zoned
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Good Condition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 03208227
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: From 5 south freeway exit euclid and make a left until commonwealth make a right. The property will be on the right.
View more facts & features

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Sale History for 530 W Commonwealth Ave

Last sold for $1,100,000 on April 30th, 2021
  • May, 2021

  • May 3, 2021

    Date

    Sold

    CRMLS: PW21051658

    $1,100,000

    Price

  • Mar 12, 2021

    Date

    Active

    CRMLS: PW21051658

    $1,029,400

    Price

  • February, 2001

  • Feb 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 530 W Commonwealth Ave

Assessed Value (2020): $466,350
Year Land Value Improved Value Assessed Value
2020 $195,867 $270,483 $466,350

Home Value Compared to the Market

This property vs the competition

530 W Commonwealth Ave sold on April 30, 2021 for 8.9% lower than the current median sold price for the city of Fullerton which is $1,130,000. The median sold price per/sqft for Fullerton is $616 and this home is sold at $329.94 per/sqft which puts the price per square foot 46.44% lower than the current median sale per square foot for the city of Fullerton.

About 530 W Commonwealth Ave

Detailed summary of property

530 W Commonwealth Ave is a office that recently sold in Fullerton, CA 92832. This office offered -- bedrooms, -- bathrooms, roughly 3,120 living square feet, and sits on an approximately 7,405 square foot lot. 530 W Commonwealth Ave was first listed on ArdentRealEstateGroup.com on March 12, 2021. The homeowner sold the property for $1,100,000. Home in Fullerton are selling for a median price of $1,130,000 and a median price per square foot of $616. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 8.9% lower than the current median priced home. While the average home in Fullerton, CA is selling in 40 days, 530 W Commonwealth Ave has a days on market of 3 days. There are currently 179 homes for sale in the Fullerton real estate market and 130 of them are single family homes while 37 of them are condos and 12 are townhomes. For more information on this home for sale at 530 W Commonwealth Ave Fullerton, CA 92832 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 530 W Commonwealth Ave

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
3,120
Lot Size
7,891
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Orange
Lot#
8
APN
032-082-27

The source for these homes facts are from public records.

92832 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$820,000
Median List Price/Sq.Ft.
$620
Median Sold Price
$675,000
Median Sold Price/Sq.Ft.
$533
Total Inventory
15
Median Sale to List Price %
96.46%
Avg Days on Market
41
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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.