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615 E Commonwealth Ave, Fullerton, CA 92831
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615 E Commonwealth Ave Fullerton, CA 92831

$1,499,000
  • 6 Beds
  • 5 Baths
  • 3,066 Sq.Ft.
For Sale
$1,499,000 Get Pre-Qualified
Map preview of 615 E Commonwealth Ave, Fullerton, CA 92831

Property Overview: 615 E Commonwealth Ave Fullerton, CA has 6 bedrooms, 5 bathrooms, 3,066 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Are you in the market for an investment property near Downtown Fullerton? This may be your lucky day! 615 and 617 E Commonwealth Avenue are properties nestled in a vintage neighborhood near all of the dining, arts, and entertainment that Downtown Fullerton has to offer. Located approximately two miles from Cal State Fullerton and half a mile from Fullerton College, 615, the single-story front home, is a fine example of Spanish Revival, also known as Pueblo Revival architecture, with many of the original built-ins and character intact. It features three bedrooms and two bathrooms, a welcoming porch, and outdoor space for year-round living. The rear unit, 617, was built in 2010 to complement the front home. The spacious property boasts two, 2-car garages, first floor living room, bedroom, and bath with direct access to the garage. The second floor has generous living space including the primary suite with bathroom, third bathroom and bedroom, a second living room, dining room, and kitchen with central balcony. These homes are built for convenience; each home offers indoor laundry and ample private yard spaces all with beautiful landscaping. The pot of gold may be at the end of this rainbow on Commonwealth!

Listed by Cristal Drake | BRE #01272061 | Circa Properties, Inc.
Co-listed by David Drake | BRE #01446908 | Circa Properties, Inc.
Last checked: 5 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 34
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Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Mixed Use
Status
Active
MLS#
PW24053129
City
Fullerton
County
Orange
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,871
  • Total Rent: $2,871
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,502
  • Total Rent: $2,502
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,476
  • Net Operating Income: $60,257
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,219
  • Trash: $0
  • Gardener: $1,920
  • Insurance: $2,011

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Property Details for 615 E Commonwealth Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Garage, Individual Room, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas & Electric Range, Water Heater
Interior Features
  • Living Room Balcony, Recessed Lighting, Unfurnished
  • Levels: One, Two
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors, Panel Doors
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Stucco Wall, Vinyl, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Attached Carport, Detached Carport, Asphalt, Garage Faces Side
Lot Information
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 03313225
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Downtown Fullerton East
  • Directions: On Commonwealth Ave between Lemon and Raymond
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 615 E Commonwealth Ave

Last sold for $325,000 on July 1st, 2009

  • March, 2024

  • Mar 17, 2024

    Date

    Active

    CRMLS: PW24053129

    $1,499,000

    Price

  • July, 2009

  • Jul 1, 2009

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

  • March, 2006

  • Mar 7, 2006

    Date

    Sold (Public Records)

    Public Records

    $546,000

    Price

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Tax History for 615 E Commonwealth Ave

Assessed Value (2020): $608,329
Year Land Value Improved Value Assessed Value
2020 $331,721 $276,608 $608,329

Home Value Compared to the Market

This property vs the competition

615 E Commonwealth Ave is listed 50.65% higher than the median list price for the city of Fullerton which has a median list price of $995,000. The median price per/sqft for Fullerton is $583 and this home is listed at $488.91 per/sqft which puts the price per square foot 16.14% lower than the median price per square foot for the city of Fullerton.

About 615 E Commonwealth Ave

Detailed summary of property

615 E Commonwealth Ave is a mixed use located in Fullerton, CA 92831 and is currently for sale. This mixed use property offers 6 bedrooms, 5 bathrooms, roughly 3,066 living square feet, and sits on an approximately 6,970 square foot lot. 615 E Commonwealth Ave was first listed on ArdentRealEstateGroup.com on March 17, 2024. The homeowner is currently asking $1,499,000. The median priced home in Fullerton is $995,000 with a median price per square foot of $583. Based on Ardent Real Estate Group's Fullerton Market Data, this home is listed 50.65% higher than the median priced home. Local competing homes currently for sale include 1048 Coronado Ave, 1073 Orizaba Ave and 2408 E 17th St. While the average home in Fullerton, CA is selling in 41 days, 615 E Commonwealth Ave has a days on market of 34 days. There are currently 176 homes for sale in the Fullerton real estate market and 127 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 615 E Commonwealth Ave Fullerton, CA 92831 contact Ardent Real Estate Group and we will put you in touch with one of our Fullerton agents.

Public Facts for 615 E Commonwealth Ave

Public county record property details
Beds
3
Baths
1
Year built
1924
Sq. Ft.
1,228
Lot Size
6,863
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
15
APN
033-132-25

The source for these homes facts are from public records.

92831 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$551
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$644
Total Inventory
51
Median Sale to List Price %
114.54%
Avg Days on Market
21
Loan Type
Conventional (21.05%), FHA (5.26%), VA (0%), Cash (52.63%), Other (21.05%)

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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.

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