121 W Elm Avenue, Fullerton, California 92832, Fullerton, - bed, bath
ACTIVE$1,190,000
121 W Elm Avenue, Fullerton, California 92832
4Beds
4Baths
1,855Sqft
4,725Lot
Year Built
1926
Close
-
List price
$1.19M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
25521413
Home ConditionExcellent
Features
Patio
View-
About this home
****Detached brand new ADU*** Rare opportunity to own a rehabbed house with brand new detached ADU in the back yard. Beautifully remodeled single-family home with brand new ADU. Both units are 2/2 each. New kitchens, bathrooms, luxury vinyl flooring, mini splits throughout and windows. Each house has its own laundry hook ups. New grass with sprinklers in front. Conveniently located down the street from shopping and grocery stores, minutes from downtown Fullerton and freeways. Solar panels to be installed on ADU.
Price History
Date
Event
Price
08/07/25
Price Change
$1,190,000
04/04/25
Listing
$1,395,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (45 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 65% |
| Baths | 4 | 2 | 80% |
| Square foot | 1,855 | 1,575 | 67% |
| Lot Size | 4,725 | 7,000 | 9% |
| Price | $1.19M | $983K | 65% |
| Price per square foot | $642 | $656.5 | 48% |
| Built year | 1926 | 9765977 | 22% |
| HOA | |||
| Days on market | 215 | 179 | 78% |
Condition Rating
Excellent
Despite the original build year of 1926, the property has undergone a complete and extensive renovation, including a brand new detached ADU. The description explicitly states 'New kitchens, bathrooms, luxury vinyl flooring, mini splits throughout and windows.' The images confirm modern, new finishes and appliances in both the kitchen and bathrooms, as well as new flooring, recessed lighting, and efficient mini-split HVAC systems. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
Brand New Detached ADU: The property includes a newly constructed, detached Accessory Dwelling Unit (ADU), offering significant value, income potential, or flexible multi-generational living with its own 2-bed/2-bath configuration.
Comprehensive Modern Renovation: Both the main house and ADU have undergone extensive remodeling, featuring new kitchens, bathrooms, luxury vinyl flooring, mini-splits (HVAC), and windows, ensuring a move-in ready and contemporary living experience.
Dual Unit Configuration: The property consists of two independent 2-bedroom, 2-bathroom units, each with separate laundry hookups, maximizing rental income potential or accommodating diverse living arrangements.
Excellent Location: Strategically situated near essential amenities like shopping, grocery stores, downtown Fullerton, and major freeways, providing convenience and strong tenant appeal.
Future Energy Efficiency: The planned installation of solar panels on the ADU will enhance energy efficiency, reduce utility costs, and contribute to long-term savings for occupants.
Cons
Age of Original Structure: While extensively remodeled, the main house's 1926 build year could imply potential for hidden structural or infrastructure issues not fully addressed by the described renovations.
Significant Price Adjustment: A notable price reduction from $1.395M to $1.19M suggests initial overpricing or market resistance, which may warrant further investigation into comparable sales and market demand.
Limited Lot Size: The 4,725 sqft lot, accommodating two separate units, may result in restricted outdoor space and potentially impact privacy for residents.