1600 Picadilly Way, Fullerton, California 92833, Fullerton, - bed, bath
ACTIVE$1,488,000
1600 Picadilly Way, Fullerton, California 92833
0Bed
0Bath
Sqft
7,523Lot
Year Built
1964
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25024188
Home ConditionFair
Features
View-
About this home
GREAT INVESTIMENT OPPORTUNITY FOR THIS MULTI RESIDENCE 4A FAMILY INVESTMENT PROPERTY. 4 UNITS THAT ARE SPACIOUS AND HAVE BEEN REMODELED, EACH HAS 2 BEDROOMS AND 1 BATH THAT ALSO INCLUDE GARAGES AND PARKING. SITUATED ON A CUL-DE-SAC AND SITS ON A .173 ACRES. CLOSE TO 5 & 91 FWY, NEAR SHOPPING CITIES, AS ANAHEIM AND BUENA PARK.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 7,523 | 35,424 | 50% |
| Price | $1.49M | $1.02M | 50% |
| Price per square foot | $0 | $270.5 | |
| Built year | 1964 | 9820992 | 50% |
| HOA | |||
| Days on market | 275 | 184 | 50% |
Condition Rating
Fair
The property was built in 1964 and the description mentions that the units have been remodeled. The images show that the units have been updated, but the updates appear to be older and not recent. The bathrooms and kitchens appear functional but not modern. Therefore, a 'fair' rating is appropriate.
Pros & Cons
Pros
Investment Opportunity: This property presents a great investment opportunity as a multi-residence income property with four units.
Remodeled Units: All four units have been remodeled, offering modern living spaces and potentially higher rental income.
Location: Conveniently located near the 5 and 91 freeways, as well as shopping centers and cities like Anaheim and Buena Park.
Cons
Year Built: Built in 1964, the property may require ongoing maintenance and potential upgrades due to its age.
Lot Size: The lot size of .173 acres, while adequate, might limit future expansion or development possibilities.