Office Building with Dual
For Sale
$2,249,000
1555 W Commonwealth Avenue, Fullerton, CA 92833
A multi-room layout with separate access points supports potential division into two rental areas.
Property Size3,824 SF
Lot Size0.46 Acres
Price / SF$588.13
Days on Market252
Property Features for 1555 W Commonwealth Avenue
General Information
Standard status
Active
Size
3,824 SF
Lot size
0.46 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Currently Operating
Yes
Building Details
Building Size
3,824 SF
Year Built
1937
Buildings
1
Stories
1
Listing Agency:
T.N.G. Real Estate Consultants
(714) 576-9922
Listed By:
Youngju Park · License #01974903
(714) 203-8555
Source:
Countryqueen
Added: Feb 18
Changed: Oct 26
Last Checked: Oct 26 at 1:03PM
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 T.N.G. Real Estate Consultants
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story office property contains 3,824 square feet of permitted building area on a lot exceeding 20,000 square feet. The floor plan is arranged in two sections, each with its own entrance. One includes a reception and lobby, three rooms, a kitchen, two bathrooms, and a conference area; the other has three rooms and two bathrooms. Both entrances offer handicap access. Building permits are noted for 2013 and 2023.
Access to the parking area is available from W Commonwealth Avenue and the rear alley. The property is zoned for general commercial use and has convenient access to the 91 and 5 freeways.
Access to the parking area is available from W Commonwealth Avenue and the rear alley. The property is zoned for general commercial use and has convenient access to the 91 and 5 freeways.
Key Highlights
- 3,824 SF of permitted building space
- Lot area exceeds 20,000 SF
- Two entrances serve separate areas, with potential to lease as two spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,404
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,080
$1.3M
Cap Rate 7%
$905,771
$905.8K
Cap Rate 9%
$704,489
$704.5K
Market Conditions
NOI Build-Up for 3,824 SF
Gross rent
$101.0K $26.40/SF
− Vacancy
−$16.4K −$4.29/SF
EGI
$84.5K $22.11/SF
− OpEx
−$21.1K −$5.53/SF
NOI
$63.4K $16.58/SF
Area
Fullerton, CA
Vacancy
16.26%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,080
Cap Rate 7%
$905,771
Cap Rate 9%
$704,489
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
804
Businesses Nearby
Explore this area
Business Placement
Demographics for 92833, CA
52,598
Population
17,042
Households
3.1
Avg Household Size
39
Median Age
43%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
6,831
Density / Sq Mi
$113,296
Median Household Income
$51,502
Median Earnings
$2,155
Median Rent
$844,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A multi-room layout with separate access points supports potential division into two rental areas.
Where is this office building located?
The property is located at 1555 W Commonwealth Avenue 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: 3,824 SF of permitted building space; Lot area exceeds 20,000 SF; Two entrances serve separate areas, with potential to lease as two spaces
