Price Reduced Listing
1600 Picadilly,Fullerton, CA 92833
Fullerton, CA 92833
Description
Exceptional investment opportunity in the heart of Orange County! This well-maintained four-unit income-producing property offers immediate cash flow with outstanding long-term upside. Ideally situated in a highly desirable rental market, this rare multifamily asset features four fully leased units with strong rental demand and significant value-add potential. Positioned on an oversized lot, the property offers the opportunity to add two additional units (buyer to verify with the appropriate city and local agencies), creating the potential to substantially increase rental income and overall property value. Whether you're an experienced investor looking to expand your portfolio or an owner seeking a prime redevelopment opportunity, this property checks every box. Located just minutes from major employment centers, shopping, dining, entertainment, beaches, and convenient freeway access, tenants enjoy everything Orange County has to offer. The central location continues to attract high-quality renters, making vacancy rates consistently low and future appreciation highly attractive. Opportunities like this are increasingly rare-a stable income-producing asset with immediate cash flow, future development potential, and a premier Orange County location. Don't miss your chance to own a versatile investment with exceptional upside in one of Southern California's most sought-after markets.
Details
| MLS # | PW26144190 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 63 |
| Listing Provided By | Legacy Real Estate | Darin Wilson |
Features
| SQ Feet | 3,980 |
|---|---|
| Garage | 1 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.17 |
| Property View | None |
Interior
| Cooling | None, Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Open Floorplan |
| Appliances | Built In Range, Dishwasher, Gas Oven |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt |
|---|---|
| Lot Features | Zero To One Unit Acre |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Utilities | Natural Gas Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Fullerton |
| Zip Code | 92833 |
| Area | 83 Fullerton |
| Listing VS Median (in 92833) | |
Price: $1,499,000 low | high Med: $882,000 sqft: 3,980 low | high Med: 1,373 $ / sqft: $377 low | high Med: $681 On site: 63 low | high Med: 21 | |
Market Activity 92833
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Fullerton |
| Zip Code | 92833 |
| Area | 83 Fullerton |
| Listing VS Median (in 92833) | |
Price: $1,499,000 low | high Med: $882,000 sqft: 3,980 low | high Med: 1,373 $ / sqft: $377 low | high Med: $681 On site: 63 low | high Med: 21 | |
