Property summary
This exceptional Fullerton retail property, located at 419 W Commonwealth Avenue, presents a unique investment opportunity. Boasting 2,091 square feet on a 0.24-acre lot, this mixed-use building seamlessly blends vintage appeal with modern updates. The ground floor's versatile layout is ideal for a variety of businesses, including cafes, art galleries, restaurants, or studios, catering to creative or social enterprises. The property features attractive, eco-friendly patios, perfect for outdoor seating and events, recently enhanced with charming tables to create a welcoming atmosphere. These outdoor spaces currently contribute to the property's strong rental income. Adding to its appeal, the second floor offers comfortable residential space, comprising three bedrooms and one bathroom, providing additional income potential or owner-occupied living. Currently generating rental income of up to $7,900, this property offers a compelling return on investment. The combination of commercial and residential space, coupled with the charming outdoor areas and prime Fullerton location, makes this a truly rare and desirable property. Don't miss the chance to explore the endless possibilities this hidden gem presents. The asking price is $1,600,000.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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