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20-Unit Apartment Property with Courtyard

2312-2318 E Commonwealth Ave, Fullerton, CA 92831

For Sale
Contact for pricing

Two parcels include a central courtyard, 10 two-car garages, and additional parking.

Property SizeContact for details
Days on Market33

Property Features for 2312-2318 E Commonwealth Ave

General Information

Standard status Active
Total Parking Spaces 24
Property subtype Multifamily

Units

Unit Mix 20 x 1BR/1BA
Multifamily Units 20
Listing Agency: Stream Realty Southern California Inc.
Listed By: Pat Swanson · License #CA 01382974
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 5:50PM

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 Stream Realty Southern California Inc.

Rey
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Investment Insights

Based on property information with market context.

This apartment property comprises 20 one-bedroom, one-bath units across two parcels. A central courtyard and 24 parking spaces serve the property, including 10 two-car garages and four additional spaces.

The property is 0.9 miles from Cal State Fullerton and approximately 2.1 miles from Downtown Fullerton. The courtyard and garages are identified as potential locations for ADU additions or conversions.

Key Highlights

  • 20 one‑bedroom, one‑bath units across two parcels
  • 24 parking spaces, including 10 two‑car garages and four additional spaces
  • Central courtyard with potential for multiple ADUs

Property Analytics

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,042
Businesses Nearby

Demographics for 92831, CA

38,953
Population
13,691
Households
2.8
Avg Household Size
31
Median Age
44%
College-Educated
89%
High-School Grad
5.9 sq mi
ZIP Area
6,602
Density / Sq Mi
$89,451
Median Household Income
$41,878
Median Earnings
$2,093
Median Rent
$821,300
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in Orange County, CA

$385 Jul
$471 Aug
$526 Sep
$543 Oct

Properties on Market for Apartment buildings in Orange County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two parcels include a central courtyard, 10 two-car garages, and additional parking.
Where is this apartment building located?
The property is located at 2312-2318 E Commonwealth Ave Fullerton, CA.
What is the asking price?
The asking price for this property is $5,795,000.
What are key features of this property?
This property features: 20 one‑bedroom, one‑bath units across two parcels; 24 parking spaces, including 10 two‑car garages and four additional spaces; Central courtyard with potential for multiple ADUs
(213) 864-2862 Call to check price and availability
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