Property Detail

124 Princeton Avenue

Fullerton CA 92831

$1,150,000

Status: Active

Property Details

Description

Rare opportunity to own two detached residences on a single parcel in the R2P zoning district, which allows for two family residential use. This property offers flexibility for both investors and owner occupants. The front unit is a single story 3 bedroom 1 bathroom home with approximately 1,119 square feet. It features hardwood flooring, granite countertops, and an indoor laundry area. The home is vacant and ready for immediate occupancy or lease. This unit includes two single car garages. The rear unit is a 2 bedroom 1 bathroom home with approximately 685 square feet, built above a three car garage. It includes an updated bathroom and hardwood floors. The tenant is currently on a month to month lease at 2,600 dollars per month and is open to staying. This unit uses one single car garage. Both homes have newer roofs. Each unit has separate gas and electric meters, and a shared water meter. The lot includes private yard space and off street parking. The property is located near Fullerton College, Cal State Fullerton, shopping, dining, and public transportation. This is a rare and well-located property offering long term flexibility, income potential, and the charm of Fullertons historic residential area. A great opportunity for buyers seeking both utility and value. MUST SEE!!!

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