400 N Acacia Avenue A12, Fullerton, California 92831, Fullerton, - bed, bath
ACTIVE$410,000
400 N Acacia Avenue A12, Fullerton, California 92831
1Bed
1Bath
677Sqft
145,872Lot
Year Built
1965
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
-
HOA
$390
Days on market
-
Sold On
-
MLS number
OC25005953
Home ConditionPoor
Features
Pool
Spa
View-
About this home
This is an ideal first level unit property for the first time buyer or for investment. It is located in a very quiet and safe neighborhood within a gated community, offering a range of amenities and convenient access to key locations. It’s centrally located near Downtown Fullerton, California State University Fullerton and Fullerton college, as well as shopping, dining, entertainment options, and provides easy access to both the 57 and 91 freeways. The property includes one carport. Amenities include a swimming pool, spa, laundry rooms, a community room, an exercise room, and a BBQ area, making it an ideal living space for those seeking convenience and comfort. The seller is motivated.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (21 Listings) | |
|---|---|---|---|
| Beds | 1 | 2 | 36% |
| Baths | 1 | 2 | 41% |
| Square foot | 677 | 938 | 14% |
| Lot Size | 145,872 | 226,094 | 27% |
| Price | $410K | $520K | 23% |
| Price per square foot | $606 | $569 | 77% |
| Built year | 1965 | 9855986 | 32% |
| HOA | $390 | $430.83 | 18% |
| Days on market | 298 | 173 | 95% |
Condition Rating
Poor
The property was built in 1965, making it 59 years old. While the windows appear to be updated, the kitchen and bathroom are extremely dated, featuring original or very old appliances, cabinets, countertops, and fixtures. The kitchen has an old electric range and a dated refrigerator, with worn cabinets and laminate/tile countertops. The bathroom has a very old-style shower surround and fixtures. The living areas have worn carpet and popcorn ceilings. These elements indicate a need for substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria, as the major components (kitchen, bathroom) require significant updates to meet current standards and comfort.
Pros & Cons
Pros
Strategic Location: Centrally located near Downtown Fullerton, California State University Fullerton, Fullerton College, and major freeways (57 & 91), offering excellent connectivity and convenience for residents and potential renters.
Comprehensive Community Amenities: The gated community provides a wide range of amenities including a swimming pool, spa, exercise room, community room, laundry facilities, and a BBQ area, enhancing the lifestyle and overall value.
Gated & Secure Environment: Being situated within a gated community in a quiet and safe neighborhood offers residents peace of mind and a secure living environment.
Strong Market Appeal: Explicitly marketed as an ideal property for first-time buyers or investors, indicating a clear target market and potential for strong demand, especially given its proximity to educational institutions.
Motivated Seller: The seller's motivation suggests potential for a more competitive purchase price or favorable negotiation terms for prospective buyers.
Cons
Compact Living Space: At 677 sqft, this 1-bedroom, 1-bathroom unit is relatively small, which may limit its appeal to buyers seeking more expansive living areas or those with larger household needs.
Building Age: Built in 1965, the property is older, which could imply dated interior finishes, older systems (e.g., plumbing, electrical, HVAC), and potential for future renovation or maintenance costs.
Monthly Association Fee: The $390 monthly association fee is a significant ongoing expense that adds to the total cost of homeownership and should be carefully considered by potential buyers.