1305 Cameo Lane, Fullerton, California 92831, Fullerton, - bed, bath
ACTIVE$724,900
1305 Cameo Lane, Fullerton, California 92831
3Beds
3Baths
1,562Sqft
1,161Lot
Year Built
1964
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
-
HOA
$410
Days on market
-
Sold On
-
MLS number
SW24182961
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
Great location . Close to the college CSUF . 2 swimming pools and a kiddy pool . Basketball court. Nice Clubhouse for you entertaining enjoyment . Great for your kids as an investment when they go to College . Carport with storage and an enclosed garage .
Price History
Date
Event
Price
09/03/24
Listing
$724,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (63 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 3 | 2 | 58% |
| Square foot | 1,562 | 1,802 | 36% |
| Lot Size | 1,161 | 8,120 | 2% |
| Price | $725K | $1.16M | 2% |
| Price per square foot | $464 | $668.5 | 8% |
| Built year | 1964 | 9785979 | 78% |
| HOA | $410 | 0% | |
| Days on market | 428 | 153 | 98% |
Condition Rating
Fair
The property was built in 1964, making it over 20 years old. While there are evident updates, such as the kitchen cabinets, granite countertops, and some flooring (hardwood in living areas, tile in kitchen/dining), these updates appear to be from 15 to 30 years ago, not recent. The kitchen features an older white electric range and microwave, alongside a newer stainless steel refrigerator. Bathrooms appear functional but basic in style. The overall condition suggests a home that has been maintained with regular upkeep and occasional updates, but many components, particularly in the kitchen and bathrooms, show signs of being outdated rather than recently renovated.
Pros & Cons
Pros
Strategic Location: The property boasts a prime location in Fullerton, with direct proximity to CSUF, making it highly attractive for student housing, faculty, or as a robust rental investment.
Rich Community Amenities: Residents benefit from an impressive array of shared facilities including two swimming pools, a kiddy pool, a basketball court, and a clubhouse, significantly enhancing lifestyle and recreational options.
Desirable City Lights View: The property features a captivating 'City Lights' view, adding a premium aesthetic and potential value to the home.
Ample Parking & Storage: Practical and convenient parking solutions are provided with both a carport (including storage) and an enclosed garage.
Strong Investment Opportunity: Explicitly highlighted as an excellent investment, particularly for college-bound children, suggesting potential for consistent rental income or future owner-occupancy.
Cons
Substantial Association Fee: The monthly association fee of $410 is relatively high, which could be a significant ongoing cost for owners and impact overall affordability.
Dated Construction: Built in 1964, the property's age suggests potential for outdated systems, infrastructure, or interior finishes that may require future renovation or maintenance.
Limited Private Outdoor Space: The small lot size of 1161 sqft offers minimal private outdoor area, which may not appeal to buyers desiring a larger yard or extensive landscaping.