2024 E Commonwealth Ave, Fullerton, CA, 92831
About This Home
Presenting 2024 E Commonwealth Avenue, a single-story turnkey 4-unit multifamily investment property located in Fullerton, CA. The subject property features an extremely attractive unit mix for potential residents comprised of (3) two-bedroom/one-bathroom units (835 sq ft each) and (1) oversized one-bedroom/one-bathroom unit (793 sq ft). 2024 E Commonwealth Avenue also provides residents with amenities such as (4) garage parking spaces, private patios, and in-unit all-in-one washer/dryer combos. 2024 E Commonwealth Ave benefits from its desirable central location being located nearby California State University Fullerton, Fullerton College, Downtown Fullerton, and next door to Commonwealth Elementary School providing residents an amazing living environment due to its proximity to entertainment, schools, shopping, and dining. Current ownership has also substantially renovated the property. All 4-units were fully renovated in 2025 with laminate flooring, all-in-one washer/dryer combos, dual-pane windows, shaker style cabinets, quartz countertops, and new appliances. The subject property also benefits from new paint and updated electrical panels. Taking into consideration, the subject property’s phenomenal location, single-story construction, and recent upgrades, 2024 E Commonwealth Avenue provides a subsequent owner a rare opportunity to acquire a fully repositioned asset in one of Orange County’s premier rental markets.
Getting Around
Car-Dependent
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1960
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dryer,Washer
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Flooring: Laminate
- Common walls with other units/homes: 2+ Common Walls
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 3,298
- Total interior livable area: 3,298 sqft
Property
Details
- Parcel number: 26901111
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Lot size: 8,025 sqft
- Features: 6-10 Units/Acre
Parking
- Total spaces: 5
- Parking features: Garage Faces Rear
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Uncovered spaces: 1
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
- Heat Wave
- Inland Flooding
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 | $9,076 | $108,912 |
| Home Insurance * | $261 | $3,132 |
| Property Taxes | $957 | $11,484 |
| Electricity | $707 | $8,486 |
| Total | $11,001 | $132,012 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $1,875,000 |
| 2026-04-01 | Listed for sale | $1,899,000 |
| 2016-04-29 | Listing removed | $850,000 |
| 2016-03-22 | Pending sale | $850,000 |
| 2016-03-18 | Listed for sale | $850,000 |
| 2016-03-10 | Pending sale | $850,000 |
| 2016-02-25 | Listed for sale | $850,000 |
| 2016-02-17 | Sold | $850,000 |
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