230 W Knepp Avenue, Fullerton, California 92832, Fullerton, - bed, bath

home-pic
ACTIVE$1,699,000
230 W Knepp Avenue, Fullerton, California 92832
0Bed
0Bath
3,752Sqft
6,534Lot
Year Built
1958
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25250158
Home ConditionFair
Features
ViewCity Lights,Neighborhood

About this home

Price History

Date
Event
Price
10/29/25
Listing
$1,699,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot3,7521,632
75%
Lot Size6,5346,047
50%
Price$1.7M$1.16M
75%
Price per square foot$453$714
25%
Built year19589610973
100%
HOA
Days on market6145
25%
Condition Rating
Fair

Built in 1958, this property is aged but appears to be maintained. The kitchens are significantly dated with older cabinets, laminate countertops, and basic appliances, suggesting renovations that are 15-30 years old. Flooring is a mix of older tile and some newer laminate. The presence of a window AC unit indicates a lack of modern central cooling. While functional and livable, the property requires minor updates to meet current aesthetic and comfort standards, aligning with a 'fair' condition.
Pros & Cons

Pros

Multi-Unit Income Property: As a quadruplex, this property offers significant income-generating potential and diversification for investors, providing multiple rental streams.
Desirable Location: Situated in Fullerton, a well-regarded city in Orange County, known for its strong rental market, community amenities, and accessibility.
Scenic Views: The property features appealing 'City Lights' and 'Neighborhood' views, enhancing the living experience and potential rental appeal for tenants.
Substantial Square Footage: With 3752 sqft, the property offers ample living space across its units, potentially attracting a wider range of tenants and supporting higher rental rates.
Long-Term Investment Value: Income properties in established and desirable areas like Fullerton tend to hold strong long-term appreciation potential, making it a sound investment.

Cons

Property Age: Built in 1958, the property is over 60 years old, which may necessitate significant capital expenditures for updates, repairs, or system replacements to meet modern standards and tenant expectations.
Generic Subdivision Classification: The 'Other' subdivision name provides no specific community branding or perceived value, potentially requiring more emphasis on the immediate neighborhood's specific benefits during marketing.
Potentially Limited Outdoor Space: Given the 3752 sqft building on a 6534 sqft lot for a quadruplex, individual units may have restricted private outdoor areas, which could be a drawback for tenants seeking more yard space.

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