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308 Drake Ave, Fullerton, CA, 92832

2beds
1baths
1,073sqft
$899,999
$839price/sqft
$6,004/moest. monthly cost
$240,160/yrincome needed

About This Home

HUGE PRICE IMPROVEMENT!!! Discover timeless character and thoughtful craftsmanship at 308 Drake Ave, an exquisitely maintained 100-year-old Craftsman bungalow nestled just blocks from vibrant Downtown Fullerton. From the moment you arrive, this one-of-a-kind residence captivates with its stunning leaded-glass windows, vintage built-ins, and beautifully preserved period details. The remodeled kitchen and bathroom complement the home’s historic character while providing the modern comfort and functionality today’s buyers appreciate. Significant improvements include new electrical, updated plumbing, a tankless water heater, a new water filtration system, upgraded insulation, and newly replaced asbestos-free venting. A new roof and gutters were installed in 2020 and include a 50-year warranty. The home’s original wood floors have also been carefully reconditioned, highlighting their warmth and enduring beauty. Inside, two generously sized bedrooms feature spacious walk-in closets. A basement and attic provide valuable additional storage rarely found in homes of this era. The property extends beyond the main residence with a detached garage featuring a unique sound room or flexible creative space with air conditioning/heating, an additional green room ideal for gardening or hobbies, and covered carport parking. The tranquil and maintenance-free backyard retreat is complete with a soothing waterfall fountain and gazebo, creating an inviting setting for relaxing or entertaining.

Getting Around

77
WalkingVery Walkable
43
TransitSome Transit
50
BikeBikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1924

Materials

  • Foundation: Concrete Perimeter
  • Roof: Common Roof
  • Construction materials: Plaster,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Cottage,Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Range Hood,Self Cleaning Oven,Tankless Water Heater
  • Laundry features: Electric Dryer Hookup,Gas Dryer Hookup

Basement

  • Has basement: Yes

Bathroom

  • Features: Bathroom Exhaust Fan,Full Bath on Main Level,Tub Shower,Upgraded

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Crown Molding,Separate/Formal Dining Room,Quartz Counters,Storage,All Bedrooms Down,Attic,Walk-In Closet(s)
  • Window features: Wood Frames
  • Flooring: Tile,Wood
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 1,073 sqft

Kitchen

  • Features: Pots & Pan Drawers,Quartz Counters,Remodeled,Updated Kitchen,Utility Sink

Other

  • Features: Walk-In Closet(s)

Property

Accessibility

  • Accessibility features: No Stairs,Parking

Details

  • Parcel number: 03206411
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Rain Gutters
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 3,975 sqft
  • Features: Back Yard,Front Yard,Landscaped,Level,Near Park,Near Public Transit
  • Lot size dimensions: 0.913

Parking

  • Total spaces: 2
  • Parking features: Concrete,Covered,Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Orange County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$120$1,440
Property Taxes $936$11,232
Electricity $398$4,786
Total$6,004$72,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$205,851/yr
40% on housing$180,120/yr
45% on housing$160,106/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$839This listing

vs Other Active Listings

Avg $/sqft

ZIP 92832$464
Orange County$768

vs Homes Sold Last Month

Median $/sqft

ZIP 92832$616
Orange County$707

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-29Price change$899,999
2026-05-20Listed for sale$940,000
2026-05-09Listing removed$940,000
2026-04-30Price change$940,000
2026-04-01Listed for sale$950,000
1998-01-13Sold$135,000
1996-04-18Sold$125,000

For Sale by Agent

AgentKatie Dorr
BrokerageCompass

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