400 N Acacia Avenue A16, Fullerton, California 92831, Fullerton, - bed, bath
ACTIVE$429,000
400 N Acacia Avenue A16, Fullerton, California 92831
1Bed
1Bath
677Sqft
145,872Lot
Year Built
1965
Close
-
List price
$429K
Original List price
$429K
Price/Sqft
-
HOA
$390
Days on market
-
Sold On
-
MLS number
OC25005438
Home ConditionGood
Features
View-
About this home
This is an ideal property on the first floor, Beautiful unit 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. 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.
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 | $429K | $520K | 23% |
| Price per square foot | $634 | $569 | 86% |
| Built year | 1965 | 9855986 | 32% |
| HOA | $390 | $430.83 | 18% |
| Days on market | 301 | 174 | 95% |
Condition Rating
Good
This 1965-built condominium has undergone a significant and modern renovation, making it move-in ready. The kitchen features updated dark countertops, stainless steel appliances, and painted white cabinets. The bathroom is fully remodeled with contemporary marble-patterned tile, a glass shower enclosure, and a modern vanity. New grey laminate flooring is installed throughout, walls are freshly painted, and lighting has been updated. While the original structure is older, the extensive updates bring it to a high standard, aligning with the 'Good' category's criteria for a well-maintained and recently updated property.
Pros & Cons
Pros
Prime Location & Accessibility: Centrally located near Downtown Fullerton, California State University Fullerton, Fullerton College, and various shopping, dining, and entertainment options, with easy access to the 57 and 91 freeways, making it highly convenient for residents and commuters.
Comprehensive Community Amenities: The gated community offers a wide range of amenities including a swimming pool, spa, laundry rooms, a community room, an exercise room, and a BBQ area, enhancing the lifestyle and value for residents.
Gated & Secure Neighborhood: Situated in a very quiet and safe neighborhood within a gated community, providing enhanced security and peace of mind for residents.
Ideal for Specific Buyer Segments: Positioned as an ideal property for first-time buyers or investors, indicating strong market appeal for these target demographics, especially given its first-floor location.
Investment Potential: Explicitly highlighted as suitable for investment, likely due to its desirable location near educational institutions and amenities, which can attract a steady stream of renters.
Cons
Age of Property: Built in 1965, the property is nearly 60 years old, which may suggest older infrastructure, systems, and finishes that could require future maintenance or updates.
Compact Unit Size: With 1 bedroom, 1 bathroom, and 677 square feet, the unit offers limited living space, which might restrict its appeal to individuals or couples seeking more expansive accommodations.
Monthly Association Fees: The $390.00 monthly association fee is a significant ongoing cost that adds to the overall housing expense, which could impact affordability for some potential buyers.