Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1601 W Commonwealth Ave Fullerton, CA 92833

    View on Map
    Sponsored
    For Lease
    Contact for pricing

    Commercial Lease - Fullerton, CA

    Property size:
    1,750 SF
    Days on Market:
    46
    Last Refresh:
    Mar 27 at 1:06 pm

    Property Features for 1601 W Commonwealth Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    03027419
    Size
    1,750 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1947
    Architectural style
    Other

    We can help!

    Listing Contact
    James Paik

    Century 21 Sunny Hills

    Listing agent James Paik License #00977883

    Listing date Feb 9, 2026

    MLS# PW26029627 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fullerton Commercial Space Available

    This mixed-use commercial space is available for lease in Fullerton, California. The property is suitable for businesses such as a TaeKwonDo or dance studio, or furniture manufacturing and showroom. It is located in the heart of Fullerton, within a 5-minute drive to both the 91 and 5 Freeways. The available space measures 1,750 square feet. An adjacent space at 1604 W. Commonwealth Avenue is also available, offering 850 square feet at $1,900 per month, which equates to $2.235 per square foot per month. This additional space is suitable for an office or secondary retail/commercial use, providing accessibility and visibility to the surrounding neighborhood communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Uribes Upholstery Furniture & Home Goods Uribe Furniture Furniture & Home Goods

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.9508395
    Latitude
    33.8703185

    Nearby Similar for Lease

    • $7,500 /Mo
      3,824 SF

      Fullerton Commercial Space For Lease

      Prime Fullerton location suitable for office, retail, or academy.
      1555 W Commonwealth Ave, Fullerton, CA 92833
      View Details
    • $3,250 /Mo
      3,000 SF

      Fullerton Office Space For Lease

      Single-story office building with fenced parking and street visibility.
      1559 W Commonwealth Ave, Fullerton, CA 92833
      View Details
    • $1,900 /Mo
      800 SF

      Retail Space in Fullerton, CA

      Retail space available for lease in Fullerton, CA.
      653 Commonwealth Ave, Fullerton, CA 92832
      View Details
    • Contact for pricing

      Fullerton Office Suites For Lease

      Professional office spaces available in a prime Fullerton location.
      1231 E Chapman Ave, Fullerton, CA 92831
      View Details
    • Contact for pricing
      60,000 SF

      60,000 SF Flex Building

      Flex/Manufacturing building featuring office space and air-conditioned warehouse.
      550 Burning Tree Rd, Fullerton, CA 92833
      View Details
    • $1.69 SF/Yr
      244,800 SF

      Class A Industrial Building Available

      Class A industrial building with strategic location and top-notch facilities.
      486 East Lambert Rd, Fullerton, CA 92835
      View Details
    • $1,850 /Mo

      Downtown Office Space For Rent

      Bright, spacious office suite in a prime downtown location.
      140 E Commonwealth Ave, Fullerton, CA 92832
      View Details
    • $8,467 /Mo

      Mixed-Use Space in Cedarwoods Park

      Flexible mixed-use space suitable for events and business operations.
      2475 E Orangethorpe Ave, Fullerton, CA 92831
      View Details
    • $1.75 SF/Yr
      185,525 SF

      Class A Warehouse Distribution Facility

      185,525 SF Class A warehouse in North Orange County.
      801 South Acacia Ave, Fullerton, CA 92831
      View Details
    • $1,575 /Mo

      Retail Space Available For Rent

      Retail space in in-line center with street visibility.
      2300 W Valencia Dr, Fullerton, CA 92833
      View Details
    • $1,800 /Mo
      Pending

      Bright Office Space Available

      800 sq ft office space in ideal Fullerton location.
      653 W Commonwealth Ave, Fullerton, CA 92832
      View Details
    • $1.60 SF/Yr
      10,200 SF

      Secured Warehouse with Fenced Yard

      5,500 SF warehouse with secured yard and air compressor.
      2430 Cypress Way, Fullerton, CA 92831
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use space suitable for various businesses in Fullerton, CA.
    Where is this mixed-use property located?
    The property is located at 1601 W Commonwealth Ave Fullerton, CA.
    What are key features of this property?
    This property features: - Mixed-use property suitable for TaeKwonDo, dance studio, or furniture manufacturing/showroom.; - Located in the heart of Fullerton.; - Convenient access to 91 and 5 Freeways (within 5-minute drive).
    (714) 853-3266
    Request Owner's contact information
    1601 W Commonwealth Ave Fullerton, CA 92833
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1601 W Commonwealth Ave
    Fullerton, CA 92833
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 W Commonwealth Ave Fullerton, CA 92833
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Paik
    Real Estate License ID: 00977883
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!