134 S Pritchard Avenue, Fullerton, California 92833, Fullerton, - bed, bath

home-pic
ACTIVE$6,100,000
134 S Pritchard Avenue, Fullerton, California 92833
0Bed
0Bath
11,750Sqft
20,037.6Lot
Year Built
1964
Close
-
List price
$6.1M
Original List price
$6.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25238616
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

We are pleased to offer 134 S Pritchard Ave, located in Fullerton, CA. This offering allows an investor to acquire a well-located, recently renovated, turnkey investment with immense building and curb appeal next to Valencia Park Elementary School, Buena Park High School, Sunny Hills High School, Los Coyotes Country Club, the Source OC Shopping Mall, Beach Blvd, the 5 Freeway and 91 Freeway Interchange. Built in 1954, the property had a major interior and exterior renovation in 2022. The complex has a great unit mix of fifteen two-bed one-bath units, one three-bed one-bath unit, and a non-conforming one-bed one-bath unit. The Non-Conforming Unit is In Process of becoming Conforming. The property is a two-story garden-style walk-up with a center courtyard surrounding a gated swimming pool. There is an on-site laundry room and covered parking for the tenants. Each unit is separately metered for gas and electricity. Each of the units has had recent interior renovations ranging from new flooring, new quartz counter tops and refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint. The exterior also had a recent significant renovation completed, including new stucco and paint, new front gate, new landscaping, newly paved parking lot, some new fencing and paint, new wall air conditioning, and new double pane vinyl windows. The complex is conveniently located just 2 miles from Knott’s Berry Farm, Knott’s Soak City, Medieval Times, Pirates Adventure, Portillo’s Bakery, and the Buena Park entertainment zone. The property is also less than a mile from many major retail centers and employment opportunities.

Price History

Date
Event
Price
10/21/25
Listing
$6,100,000
Condition Rating
Excellent

Despite the original build year of 1964, the property underwent a major interior and exterior renovation in 2022. This extensive renovation, completed within the last two years, included new flooring, quartz countertops, refaced cabinets, new lighting, new kitchen and bathroom sinks, new bathroom vanities, new stovetop ovens and hoods, and new paint for the interiors. The exterior also received new stucco, paint, landscaping, paved parking, new wall air conditioning, and double-pane vinyl windows. These comprehensive updates mean that the property, especially the critical kitchen and bathroom areas, are virtually new and meet current quality standards, with no deferred maintenance.
Pros & Cons

Pros

Extensive Recent Renovations: The property underwent a major interior and exterior renovation in 2022, including new stucco, paint, landscaping, paved parking, double-pane vinyl windows, and unit interior upgrades (flooring, quartz counters, refaced cabinets, new appliances, etc.), making it a highly attractive and low-maintenance investment.
Prime Location & Accessibility: Strategically located near multiple schools (Valencia Park Elementary, Buena Park High, Sunny Hills High), major freeways (5 & 91), prominent entertainment hubs (Knott's Berry Farm, The Source OC), and various retail and employment opportunities, enhancing tenant demand.
Turnkey Investment Opportunity: Explicitly described as a 'turnkey investment' due to its recent comprehensive renovations and strong curb appeal, suggesting minimal immediate capital expenditure or management effort for a new owner.
Desirable On-Site Amenities: The complex offers attractive amenities such as a gated swimming pool, on-site laundry room, and covered parking, which significantly enhance tenant appeal and retention.
Separately Metered Utilities: Each unit is separately metered for gas and electricity, providing a significant operational advantage by allowing tenants to pay their own utilities, thereby reducing landlord expenses and simplifying property management.

Cons

Non-Conforming Unit: One 1-bed/1-bath unit is currently non-conforming, although 'in process of becoming conforming.' This presents a potential legal or permitting hurdle that could delay full income realization or require additional investment to resolve.
Age of Original Construction: While extensively renovated in 2022, the property was originally built in 1954. Despite updates, some underlying infrastructure or components may still be older, potentially leading to unforeseen maintenance issues in the long term.
Wall Air Conditioning: The description mentions 'new wall air conditioning,' implying individual wall units rather than central air conditioning. This might be less desirable for some tenants and could be less energy-efficient compared to modern central HVAC systems.

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