536 W Commonwealth, Fullerton, CA 92832

Building Details

Building Size 3,943 SF More

Listing Agency: Team Spirit Realty, Inc.

Listed By: Anna Park Show Phone

Source: Elliman

Added: Sep 18 Changed: Nov 9 Last Checked: Nov 10 at 8:48AM

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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 Team Spirit Realty, Inc.

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Investment Insights

Based on property information with market context.

This 3,900-square-foot office property at 536 W Commonwealth includes space occupied by a dental office and computer technicians. A newer AC unit supports the building’s mechanical systems, while eight on-site parking spaces serve the occupants. Additional free street parking is available.

The property is located in Fullerton, California, with a Walk Score of 71, a Bike Score of 59, and a Transit Score of 32. These scores indicate a walkable setting with bike access and some public transportation availability. Existing office occupancy provides an established operating profile for the asset.

Key Highlights

• 3,900‑square‑foot office property at 536 W Commonwealth, Fullerton, CA 92832
• Occupied by a dental office and computer technicians
• Newer AC unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$67,908

Cap Rate

4.38%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,358,160 $1.4M

Cap Rate 7%

$970,114 $970.1K

Cap Rate 9%

$754,533 $754.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,943 SF

Gross rent

$123.0K $31.20/SF

− Vacancy

−$9.8K −$2.50/SF

EGI

$113.2K $28.70/SF

− OpEx

−$45.3K −$11.48/SF

NOI

$67.9K $17.22/SF

Area

Fullerton, CA

Vacancy

8.00%

Lease Rate

$31.20 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,358,160

Cap Rate 7%

$970,114

Cap Rate 9%

$754,533

Alternative Uses

Best Use

Healthcare Medical

$970.1K

$848.9K – $1.13M (±1% cap)

NOI $67,908 @ 7.0% cap · market cap 4.38%

Second Best

Office B

$934.0K

$817.2K – $1.09M (±1% cap)

NOI $65,377 @ 7.0% cap · market cap 4.22%

Theoretical Best

Office A

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $88,754 @ 7.0% cap · market cap 5.73%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

A' Dentistry - John Lee ... Dental Office Ace Dental Laboratories Dental Office Best Dental Ceramics Dental Office John Sanghoon Lee Dental Office

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Carpet & Flooring Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,323

Businesses Nearby

Explore this area Business Placement

Demographics for 92832, CA

26,277

Population

9,170

Households

2.9

Avg Household Size

35

Median Age

32%

College-Educated

82%

High-School Grad

2.9 sq mi

ZIP Area

9,061

Density / Sq Mi

$92,588

Median Household Income

$42,634

Median Earnings

$2,027

Median Rent

$773,100

Median Home Value

Market

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

$654 Jul

$556 Aug

$551 Sep

$551 Oct

Properties on Market for Office buildings in Orange County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Established office property with newer air conditioning, dedicated parking, and walkable access to nearby services.

Where is this office building located?

The property is located at 536 W Commonwealth Fullerton, CA.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: 3,900‑square‑foot office property at 536 W Commonwealth, Fullerton, CA 92832; Occupied by a dental office and computer technicians; Newer AC unit