623 W Commonwealth Ave Fullerton, CA 92832

$--

-- Beds
-- Baths
3,834 Sq.Ft.

Off Market

Map preview of 623 W Commonwealth Ave, Fullerton, CA 92832

Property Overview: 623 W Commonwealth Ave Fullerton, CA has -- bedrooms, -- bathrooms, 3,834 living square feet and 18,038 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

623 W Commonwealth Ave is currently an off market home in the city of Fullerton. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Fullerton has a median list price of $994,987. The median price per/sqft for Fullerton is $604. With those numbers in mind, if you are looking to purchase a median priced home in Fullerton, CA and put 20% down you will need to save up $198,998 for the down payment and will need roughly $19,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Fullerton the commission could be as much as $46,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 623 W Commonwealth Ave

View property's historical transactions

February, 2023
Feb 1, 2023

Date

Expired

CRMLS: PW22186794

$220,000

Price
Aug 24, 2022

Date

Active

CRMLS: PW22186794

$220,000

Price
Listing provided courtesy of CRMLS

Auto repair and smog test station for sale on Prime location in Fullerton. Well established by owner on 2005. The owner has made good money during these years and HE IS READY TO RETIRE. Stand alone building with large parking spaces. Net Rent $4,400( Original rent $5,400 & sublease income $1,000 from huge back yard). Long established business with lots of possibilities to grow. The new owner has the potential to add tire shop using this huge back yard. Currently Owner and one full time employee work. Monday to Saturday. Gross $300,000/year & Net 130,000~$140,000/year.

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September, 2021
Sep 10, 2021

Date

Active

CRMLS: DW21184147

$225,000

Price
Aug 20, 2021

Date

Coming Soon

CRMLS: DW21184147

$225,000

Price
Listing provided courtesy of CRMLS

Huge and Amazing Opportunity! Please be discrete, employee is not aware this business is for sale. With the right owner this shop has a huge potential to make over $100,000. Business has been established since 1997 with many loyal and returning customers. Price includes all inventory except personal tools. 7 total bays to work out of, large parking area and great overall facility to grow this business. With the right marketing and exposure the new owner can flourish and make this business takeoff. Currently seller is receiving $850 per month for parking of used car dealership close by. Imagine owning your own Auto Repair and Smog Shop? Or expand to another location like this one. Many Townhomes have been newly built diagonally across from this business with bottom retail units for great foot traffic. Net in owner-user's pocket is: $8,000 per month x 12 months = $96,000 per year. Seller wants to sell. Furniture, Fixtures, & Equipment (FF&E): Included in asking price. (estimated: $40,000). Support & Training: Seller is willing to train new Buyer. Growth & Expansion: Not much marketing is being done. The owner is retiring and this can be your golden opportunity!

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November, 2019
Nov 8, 2019

Date

Expired

CRMLS: DW19215831

$259,000

Price
Sep 10, 2019

Date

Active

CRMLS: DW19215831

$259,000

Price
Listing provided courtesy of CRMLS

Amazing Opportunity! Auto Repair and Smog Shop! Great opportunity to own an Automotive Repair and Smog Shop in a prime location in Fullerton! On one of the busiest streets in town. Sales are approx $336,000 per year, the adjusted net is about $100k per year. (this shop has a huge potential to make over 100k with the right owner!). Business has been established since 1997 with lots of loyal customers. Price includes all inventory! Real Estate: Leased Building SF: 3,300 Employees: 1 Facilities: 6 bays. Competition: Prime location on one of the busiest streets in Fullerton! Growth & Expansion: Not much marketing is being done. The owner is retiring and this can be your golden opportunity!

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May, 2019
May 1, 2019

Date

Expired

CRMLS: PW19021304

$245,000

Price
Apr 25, 2019

Date

Price Change

CRMLS: PW19021304

$245,000

Price
Jan 28, 2019

Date

Active

CRMLS: PW19021304

$275,000

Price
Listing provided courtesy of CRMLS

Amazing Opportunity! Auto Repair and Smog Shop! Great opportunity to own an Automotive Repair and Smog Shop in a prime location in Fullerton! On one of the busiest streets in town. Sales are approx $336,000 per year, the adjusted net is about $100k per year. (this shop has a huge potential to make over 100k with the right owner!). Business has been established since 1997 with lots of loyal customers. Price includes all inventory! Real Estate: Leased Building SF: 3,300 Employees: 1 Facilities: 6 bays. Competition: Prime location on one of the busiest streets in Fullerton! Growth & Expansion: Not much marketing is being done. The owner is retiring and this can be your golden opportunity!

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November, 2018
Nov 2, 2018

Date

Expired

CRMLS: PW18092898

$275,000

Price
May 5, 2018

Date

Active

CRMLS: PW18092898

$275,000

Price
Listing provided courtesy of CRMLS

Amazing Opportunity! Auto Repair and Smog Shop! Great opportunity to own an Automotive Repair and Smog Shop in a prime location in Fullerton! On one of the busiest streets in town. Sales are approx $336,000 per year, the adjusted net is about $100k per year. (this shop has a huge potential to make over 100k with the right owner!). Business has been established since 1997 with lots of loyal customers. Price includes all inventory! Real Estate: Leased Building SF: 3,300 Employees: 1 Facilities: 6 bays. Competition: Prime location on one of the busiest streets in Fullerton! Growth & Expansion: Not much marketing is being done. The owner is retiring and this can be your golden opportunity!

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Tax History for 623 W Commonwealth Ave

Assessed Value (2020): $482,107

Year	Land Value	Improved Value	Assessed Value
2020	$274,801	$207,306	$482,107

About 623 W Commonwealth Ave

Detailed summary of property

623 W Commonwealth Ave is categorized with a use code of Auto Repair (& Related), Garage in Fullerton, CA 92832 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 3,834 living square feet, and sits on an approximately 18,038 square foot lot. Homes in Fullerton are selling for a median price of $930,000 and a median price per square foot of $613. Local nearby listings include 754 S Euclid St, 321 N Sweet Ave and 1118 S Washington Ave. The average home in Fullerton, CA is selling in 52 days. There are currently 194 homes for sale in the Fullerton real estate market and 150 of them are single family homes while 31 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 623 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 623 W Commonwealth Ave

Public county record property details

Beds: --
Baths: --
Year built: 1955
Sq. Ft.: 3,834
Lot Size: 18,038
Stories: 1

Type: Auto Repair (& Related), Garage
Pool: No
Spa: No
County: Orange
Lot#: 5
APN: 032-073-16

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

$925,000

Median List Price/Sq.Ft.

$607

Median Sold Price

$720,000

Median Sold Price/Sq.Ft.

$659

Total Inventory

Median Sale to List Price %

103.6%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (20%), Cash (0%), Other (20%)

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