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635 W Commonwealth Ave, Fullerton, CA 92832
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635 W Commonwealth Ave Fullerton, CA 92832

$1,195,000 Sold Price as of 08/22/2023
  • 4 Beds
  • 4 Baths
  • 2,551 Sq.Ft.
Sold
$1,195,000 Sold Price as of 08/22/2023 Refinance Your Mortgage
Map preview of 635 W Commonwealth Ave, Fullerton, CA 92832

Property Overview: 635 W Commonwealth Ave Fullerton, CA has 4 bedrooms, 4 bathrooms, 2,551 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 4-unit multi-family investment property in Fullerton. This property is ideally located within blocks of Downtown Fullerton and within a 2-mile radius of major shopping centers providing residents with many options for dining, retail, and entertainment. Additionally, the property is situated approximately 3 miles from Cal State Fullerton and 1 mile from Fullerton College. Conveniently located near major transportation arteries including Interstate 5 and 91 Freeway, providing easy access to Orange and LA Counties.

Listed by Todd Frelinger | BRE #01748434 | Prime Equity Properties, Inc.
Last checked: 3 minutes ago | Last updated: August 27th, 2023 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
OC23095510
City
Fullerton
County
Orange
Time on Site
471 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,639
  • Total Rent: $5,639
  • Pro Forma/Market Rent: $7,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,512
  • Net Operating Income: $48,917
  • Gross Operating Income: $67,512
Annual Expense Breakdown
  • Total Operating Expense: $18,595
  • Electric: $67
  • Gas/Fuel: $0
  • New Taxes: $13,500
  • Trash: $198
  • Insurance: $1,000
  • Maintenance: $2,414
  • Water/Sewer: $1,079

Property Details for 635 W Commonwealth Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 03207324
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Quad/A
  • Directions: Commonwealth Ave and Woods Ave
Neighborhood Information
  • Community Features: Biking, Park, Sidewalks
View more facts & features

Local Fullerton Agent

Sale History for 635 W Commonwealth Ave

Last sold for $1,195,000 on August 22nd, 2023

  • August, 2023

  • Aug 22, 2023

    Date

    Sold

    CRMLS: OC23095510

    $1,195,000

    Price

  • May 31, 2023

    Date

    Active

    CRMLS: OC23095510

    $1,250,000

    Price

  • May, 2023

  • May 31, 2023

    Date

    Canceled

    CRMLS: OC23080144

    $1,250,000

    Price

  • May 10, 2023

    Date

    Active

    CRMLS: OC23080144

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    $100,000 Price Reduction! 4-unit multifamily investment property in Fullerton. This property is ideally located within blocks of Downtown Fullerton and within a 2-mile radius of major shopping centers providing residents with many options for dining, retail, and entertainment. Additionally, the property is situated approximately 3 miles from Cal State Fullerton and 1 mile from Fullerton College. Conveniently located near major transportation arteries including Interstate 5 and 91 Freeway, providing easy access to Orange and LA Counties.

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Tax History for 635 W Commonwealth Ave

Assessed Value (2020): $72,439
Year Land Value Improved Value Assessed Value
2020 $36,944 $35,495 $72,439

Home Value Compared to the Market

This property vs the competition

635 W Commonwealth Ave sold on August 22, 2023 for 34.41% higher than the current median sold price for the city of Fullerton which is $930,000. The median sold price per/sqft for Fullerton is $613 and this home is sold at $490 per/sqft which puts the price per square foot 20.06% lower than the current median sale per square foot for the city of Fullerton.

About 635 W Commonwealth Ave

Detailed summary of property

635 W Commonwealth Ave is a fourplex that recently sold in Fullerton, CA 92832. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 2,551 living square feet, and sits on an approximately 6,970 square foot lot. 635 W Commonwealth Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,195,000. Home in Fullerton are selling for a median price of $930,000 and a median price per square foot of $613. Based on Ardent Real Estate Group's Fullerton Market Data, this home is sold 34.41% higher than the current median priced home. Local homes that are currently for sale include 8402 Slater Ave, 6401 Saint Paul Circle and 5919 Woodruff Ave. While the average home in Fullerton, CA is selling in 53 days, 635 W Commonwealth Ave has a days on market of 37 days. There are currently 204 homes for sale in the Fullerton real estate market and 156 of them are single family homes while 36 of them are condos and 12 are townhomes. For more information on this home for sale at 635 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 635 W Commonwealth Ave

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
2,551
Lot Size
6,631
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
032-073-24

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.
$604
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
31
Median Sale to List Price %
103.6%
Avg Days on Market
30
Loan Type
Conventional (60%), FHA (0%), VA (20%), Cash (0%), Other (20%)

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Recently Sold Homes Near 635 W Commonwealth Ave

617 W Commonwealth Ave, Fullerton, CA 92832
$1,325,000 Last Sold Price
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4 Baths
2581 Sq.Ft.
617 W Commonwealth Ave
Fullerton, CA 92832
631 W Commonwealth Ave, Fullerton, CA 92832
$1,125,500 Last Sold Price
4 Beds
4 Baths
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631 W Commonwealth Ave
Fullerton, CA 92832
529 Williamson Ave, Fullerton, CA 92832
$1,650,000 Last Sold Price
9 Beds
5 Baths
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529 Williamson Ave
Fullerton, CA 92832
538 W Wilshire Ave, Fullerton, CA 92832
$675,000 Last Sold Price
3 Beds
2 Baths
1131 Sq.Ft.
538 W Wilshire Ave
Fullerton, CA 92832

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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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