215 E Ash Ave, Fullerton, CA, 92832
About This Home
Rare Income & Value-Add REDEVELOPMENT Opportunity in the Heart of Fullerton. Located next to the MAPLE ELEMENTARY SCHOOL, this unique residential R3-zoned property offers exceptional upside potential with three (3) separate structures and three (3) individual utility meters. This property is a rare find in today’s market. Ideal for investors, owner-users, or buyers seeking long-term income growth, this property presents a compelling opportunity to create a multi-income residential asset. The property features a front single-family residence with 2 bedrooms and 1 full bathroom, approximately 1078 sq ft (approx), plus two additional detached structures located in the backyard, each with separate utility meters. With proper buyer due diligence, the layout and infrastructure provide strong potential for conversion into a 3-unit rental configuration. Situated in a high-demand rental area, the property is adjacent to an elementary school and conveniently located near Downtown Fullerton, Fullerton College, Cal State Fullerton, and is within quick access to the 91 and 57 freeways. The generous yard area between the main house and rear structures offers additional flexibility for outdoor living, parking, or future enhancements. Just imagine the REDEVELOPMENT OPPORTUNITIES to own a property with built-in infrastructure for multiple income streams in one of Fullerton’s most desirable and centrally located neighborhoods.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1908
Materials
- Foundation: Raised
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: See Remarks
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Open Floorplan,Unfurnished,All Bedrooms Down
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total interior livable area: 1,748 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 03305408
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 7,475 sqft
- Features: 6-10 Units/Acre,Front Yard,Level,Paved,Rectangular Lot,Trees,Walkstreet
Parking
- Total spaces: 6
- Parking features: Concrete,Driveway,Garage,Off Site,On Site,Off Street,Garage Faces Side
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Uncovered spaces: 4
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
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,550 | $54,600 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $1,542 | $18,504 |
| Electricity | $398 | $4,786 |
| Total | $6,610 | $79,320 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Contingent | $900,000 |
| 2026-07-26 | Listed for sale | $900,000 |
| 2026-06-19 | Contingent | $900,000 |
| 2026-05-14 | Listed for sale | $900,000 |
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