151 N Lincoln Avenue, Fullerton, California 92831, Fullerton, - bed, bath

home-pic
ACTIVE$1,349,000
151 N Lincoln Avenue, Fullerton, California 92831
0Bed
0Bath
2,185Sqft
6,250Lot
Year Built
1898
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25191458
Home ConditionExcellent
Features
Deck
Pool
Patio
View-

About this home

Two Homes on One Lot in Historic Fullerton (R2P Zoned) Rare opportunity to own two beautifully remodeled homes on a single lot in Fullerton’s Historic Preservation Zone. Zoned R2P, this unique property combines classic Craftsman character with modern updates and a current solid investment. The charming front corner Craftsman features 2 bedrooms, 2 baths, a private side yard, and a spacious upstairs attic with endless potential. Fully remodeled in 2022, it offers a new kitchen, updated baths, modern flooring, inside laundry, and a 2-car garage. The separate rear unit was also refreshed in 2022 with new flooring and countertops. Highlights include a welcoming front lawn area, a relaxing deck off the living space, laundry in the garage, and its own 2-car garage—perfect for rental income, multigenerational living, or a private guest retreat. Both homes enjoy a freshly painted exterior and low-maintenance design, making this a true turnkey property. Ideally located near Cal State Fullerton, Fullerton College, and within walking distance to Downtown Fullerton, residents can enjoy award-winning restaurants, cafes, shops, and nightlife. A rare blend of historic charm, zoning flexibility, and modern convenience—this property is a solid investment opportunity in the heart of Fullerton.

Price History

Date
Event
Price
08/25/25
Listing
$1,349,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot2,1853,258
14%
Lot Size6,2507,405
29%
Price$1.35M$1.4M
43%
Price per square foot$617$506
86%
Built year18981964
14%
HOA
Days on market72210
14%
Condition Rating
Excellent

Despite being built in 1898, this property has undergone extensive renovations in 2022, including a 'fully remodeled' front unit with a new kitchen, updated baths, and modern flooring, and a 'refreshed' rear unit with new flooring and countertops. The images confirm modern, high-quality finishes in the kitchens and bathrooms, and new flooring throughout, indicating a virtually new interior condition. The property is described as 'turnkey,' aligning with the 'Excellent' criteria of being extensively renovated within 5 years and having components that are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Income/Multi-Generational Potential: Features two distinct, remodeled homes on a single lot, offering excellent potential for rental income or flexible multi-generational living arrangements.
Prime Walkable Location: Ideally situated near Cal State Fullerton, Fullerton College, and within walking distance to Downtown Fullerton's vibrant dining, shopping, and entertainment.
Historic Charm with Modern Updates: Combines classic 1898 Craftsman character with significant 2022 remodels (new kitchens, updated baths, modern flooring), providing a turnkey blend of old and new.
Flexible R2P Zoning: The R2P zoning offers valuable flexibility for various uses and potential future development, enhancing its long-term investment appeal.
Turnkey Condition: Both homes are recently refreshed with a freshly painted exterior and low-maintenance design, making it a true turnkey property for immediate occupancy or rental.

Cons

Historic Property Considerations: Built in 1898, while remodeled, older homes can present unforeseen infrastructure challenges (e.g., plumbing, electrical) that may require future attention.
Limited Individual Outdoor Space: Though outdoor areas exist (side yard, lawn, deck), the shared lot configuration may offer less expansive or private outdoor space per unit compared to traditional single-family homes.
Shared Lot Dynamics: Having two homes on one lot, while beneficial for income, can introduce complexities regarding privacy, shared utility considerations, or tenant management for some buyers.

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