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

    206 W Wilshire Fullerton, CA 92832

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $1,149,000

    Commercial Sale - Fullerton, CA

    Property size:
    1,490 SF
    Price / SF:
    $771/SF
    Added:
    Mar 31, 2026
    Days on Market:
    33
    Last Refresh:
    May 2 at 4:06 am

    Property Features for 206 W Wilshire

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    03223110
    Size
    1,490 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1903
    Architectural style
    Other

    We can help!

    Listing Contact
    Regina Rey
    Regina Rey

    Listing agent Regina Rey License #01254111

    Listing office T.N.G. Real Estate Consultants 2830 Brea Blvd., Brea, CA

    Listing date Mar 31, 2026

    MLS# PW26069097 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.

    Overview

    Downtown Fullerton Commercial Opportunity

    Located in the heart of Downtown Fullerton, this commercial property at 206 W Wilshire Ave presents a prime opportunity. The property, rich in character and history, has served as an attorney’s office since 1989 and previously as a chiropractic office, making it suitable for various professional uses. Showcasing classic Old Downtown Fullerton Craftsman architecture, the property includes a private front yard with a white picket fence. Inviting front and rear porches enhance the curb appeal. The flexible floor plan offers ideal space for office or professional services while maintaining its unique character and charm. A notable feature is the spacious private parking area at the rear, providing 7 parking spaces with alley access. The property is positioned moments from restaurants, retail, and entertainment, offering visibility and accessibility in a sought-after business area. The property size is 1490 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.926876
    Latitude
    33.87212

    Nearby Similar for Sale

    • $2,249,000
      3,824 SF

      Fullerton Commercial Building For Sale

      Commercial building in Fullerton, CA, suitable for various businesses.
      1555 W Commonwealth Avenue, Fullerton, CA 92833
      View Details
    • $220,000

      Profitable Teahouse Franchise Opportunity

      Turnkey Feng Cha teahouse franchise for sale in Fullerton.
      729 N Placentia Avenue, Fullerton, CA 92831
      View Details
    • $149,000

      Turnkey Restaurant Opportunity in Fullerton

      Remodeled restaurant near universities with high foot traffic.
      565 N Commonwealth Ave, Fullerton, CA 92831
      View Details
    • $1,590,000
      3,198 SF

      Fullerton Commercial Property For Sale

      Corner lot commercial property with established tenancy in thriving Fullerton.
      649 W Commonwealth 655, Fullerton, CA 92832
      View Details
    • $1,275,000
      2,250 SF

      Fullerton Triplex with ADUs

      Move-in ready triplex with two new ADUs in Fullerton.
      912 E Commonwealth, Fullerton, CA 92831
      View Details
    • $1,750,000
      4,337 SF

      Fullerton Multifamily Investment Opportunity

      Four-unit apartment property in Fullerton with stable income.
      3024 Topaz Ln, Fullerton, CA 92831
      View Details
    • $6,199,000
      11,013 SF

      Fullerton Apartment Complex For Sale

      18-unit apartment complex in a high-demand Fullerton location.
      111 N Stanford Avenue, Fullerton, CA 92831
      View Details
    • $6,199,000
      11,013 SF

      Fullerton Multifamily Investment Opportunity

      18-unit apartment complex in high-demand Fullerton location.
      111 N Stanford Avenue, Fullerton, CA 92831
      View Details
    • $2,249,000
      3,824 SF

      Fullerton Commercial Property For Sale

      Commercial property in Fullerton suitable for various businesses.
      1555 W Commonwealth Ave, Fullerton, CA 92833
      View Details
    • $1,300,000

      Highly Visible Commercial Office Building

      Versatile office building with recent upgrades and ample parking.
      1457 E Chapman, Fullerton, CA 92831
      View Details
    • $750
      13,000 SF

      Fullerton Retail and Office Opportunity

      Prime retail and creative office space in Downtown Fullerton.
      201 N. Harbor, Fullerton, CA 92832
      View Details
    • $14,000,000
      43,549 SF

      Prime Showroom on Orangethorpe Avenue

      High-exposure showroom near freeways with strong demographics and income.
      2635 West Orangethorpe Avenue, Fullerton, CA, USA, Fullerton, CA, 92833
      View Details

    FAQs

    What type of property is this?
    Office units - Charming commercial property in vibrant Downtown Fullerton with parking.
    Where is this office units located?
    The property is located at 206 W Wilshire Fullerton, CA.
    What is the asking price?
    The asking price for this property is $1,149,000.
    What are key features of this property?
    This property features: Prime Downtown Fullerton location with excellent visibility and accessibility.; Spacious private parking area with 7 spaces and alley access, a rare amenity in Downtown.; Flexible floor plan suitable for office or professional services.
    (714) 931-1159
    We can help!
    Listing Contact
    Regina Rey
    Regina Rey
    Real Estate License ID: 01254111
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    206 W Wilshire, Fullerton, CA 92832

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!