611 S Highland, Fullerton, California 92832, Fullerton, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,800,000
611 S Highland, Fullerton, California 92832
0Bed
0Bath
4,934Sqft
9,583Lot
Year Built
1970
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25237640
Home ConditionFair
Features
Good View: None
Patio
View-

About this home

Well maintained large quadplex priced $50k below recently appraised value being sold as an Estate Trustee's sale. One 3 bedroom 2 ba unit with fireplace and three 2 bedroom, 2 ba units plus 8 garages ! Commercial Laundry equipment is also included (approx. $125/mo). Large lot, 9583 sf, check with the city for potential of 2 ADUs. Building is 4934 sf, large size apartments. Located across from Richman Park and Richman Elementary. Close to Costco, Target and WalMart Superstore as well as City library and Downtown District.Public transportation is also nearby. New roof was recently installed. This one of three adjacent quadplexes' being sold as an Estate Trust sale. Total of 12 units available (600 S Ford and 620 S. Ford Ave.). Built in 1970 and priced as one of the lowest price per square foot of comparable Fullerton 4-plexes, only $364/sf.

Price History

Date
Event
Price
10/10/25
Listing
$1,800,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (3 Listings)
Beds00
Baths00
Square foot4,9341,632
75%
Lot Size9,5837,030
75%
Price$1.8M$1.16M
75%
Price per square foot$365$714
25%
Built year19709610973
100%
HOA
Days on market26146
25%
Condition Rating
Fair

Built in 1970, this quadplex is 54 years old. While the description notes it is 'well maintained' and a 'new roof was recently installed,' there are no interior photos to assess the condition of kitchens, bathrooms, or other living spaces. Given its age and the absence of recent renovation details for the interiors, it's highly probable that these areas, along with other major systems (HVAC, plumbing, electrical), are functional but outdated in style and features, requiring minor updates to meet current standards. The exterior appears maintained but shows its age.
Pros & Cons

Pros

Attractive Pricing & Value: The property is priced $50k below its recently appraised value and boasts one of the lowest price per square foot among comparable Fullerton 4-plexes, offering significant immediate equity potential.
Strong Income & Value-Add Potential: A quadplex with a desirable unit mix (one 3-bed/2-bath, three 2-bed/2-bath units), 8 garages, and commercial laundry equipment provides multiple income streams. The large 9,583 sqft lot also offers potential for adding two ADUs, further boosting revenue.
Recent Upgrades & Maintenance: Described as 'well maintained' with a recently installed new roof, indicating reduced immediate capital expenditure for major structural components.
Prime Location & Accessibility: Strategically located across from Richman Park and Elementary, and close to major retailers (Costco, Target, Walmart), the City library, Downtown District, and public transportation, enhancing tenant appeal and convenience.
Portfolio Acquisition Opportunity: This is one of three adjacent quadplexes being sold by an Estate Trust, presenting a unique opportunity for an investor to acquire a total of 12 units and scale their portfolio in a desirable area.

Cons

Age of Building: Built in 1970, the property's age suggests that while well-maintained, underlying systems (plumbing, electrical, HVAC) may be original or older, potentially requiring future capital expenditures for updates or replacements.
Estate Sale Implications: Being an Estate Trustee's sale, it may imply limited disclosures from the seller and a potentially less flexible negotiation process, requiring buyers to conduct thorough due diligence.
Potential for Interior Updates: While the building is well-maintained, the description does not specify recent interior renovations for the units, suggesting there might be an opportunity for cosmetic upgrades to maximize rental income and tenant appeal in a competitive market.

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