Fullerton Commercial Property For
1555 W Commonwealth Ave Fullerton, CA 92833
For Sale
$2,249,000
Commercial property in Fullerton suitable for various businesses.
Property Size3,824 SF
Lot Size20,000.00 Acres
Price / SF$588.13
Days on Market97
Property Features for 1555 W Commonwealth Ave
General Information
Standard status
Active
Size
3,824 SF
Lot size
20,000.00 Acres
Property subtype
Commercial
Building Details
Year Built
1937
Listing Agency:
TNG Real Estate Consultants
(714) 576-9922
Listed By:
Grace Park Kim · License #01974903
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 8:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TNG Real Estate Consultants
Investment Insights
Based on property information with market context.
Located in Fullerton, this commercial property is situated in a prime location with general commercial zoning. The permitted building space measures 3,824 square feet. Currently, an academy business operates within the space, featuring a multi-room floor plan that was permitted in 2013 and 2023. The single-story building has two entrances, making it possible to rent the space as two separate units. The main entrance leads to a large reception and lobby area, three rooms, a kitchen, two bathrooms, and an additional meeting or conference area. The left entrance provides access to three rooms and two bathrooms. Both entrances are handicap accessible, making the property suitable for a doctor's office, general office, academy, or other businesses. The property includes two entrances to the parking lot, one from the back alley and one from Commonwealth Avenue. The parking lot could be redesigned to accommodate more cars. The lot size is over 20,000 square feet, presenting a potential investment opportunity. The property offers convenient access to the 91 and 5 freeways. The bike score is 30, indicating it is somewhat bikeable, the walk score is 59, indicating it is somewhat walkable, and the transit score is 37, indicating some transit options are available.
Key Highlights
- Prime location with General Commercial zoning in Fullerton.
- Permitted building space of 3,824 SF with a flexible floor plan.
- Two separate entrances allowing for potential rental of two spaces.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.0k | $26.40 |
| − Vacancy | −$16.4k | −$4.29 |
| EGI | $84.5k | $22.11 |
| − OpEx | −$21.1k | −$5.53 |
| NOI | $63.4k | $16.58 |
3,824 SF · lease $26.40/SF/yr · vacancy 16.26% · expense 25.00%
Alternative Uses
Best Use
Office B
$905.8K
$792.6K – $1.06M
NOI $63,404 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,076 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Commercial property in Fullerton suitable for various businesses.
Where is this office units located?
The property is located at 1555 W Commonwealth Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $2,249,000.
What are key features of this property?
This property features: Prime location with General Commercial zoning in Fullerton.; **Permitted building space of 3,824 SF with a flexible floor plan.**; Two separate entrances allowing for potential rental of two spaces.
