3515 W Commonwealth Avenue, Fullerton, CA 92833

$998,000 Asking Price

3 beds
2 baths
1,289  sqft
Built in 1949

This commercial-zoned property on Commonwealth Avenue in Fullerton presents a valuable opportunity. Situated near Fullerton Municipal Airport and designated as G-C (General Commercial) zone*, the property encompasses a 1,289 sq. ft. single-family residence on a 9,115 sq. ft. commercial lot. It offers potential for various business ventures, including general offices, acupuncture, educational or religious institutions, retail spaces, and art studios, although the buyer must submit a development plan prepared by their architect. The location benefits from heavy traffic and proximity to the 5 and 91 freeways, ensuring convenient access. The existing single family house, which has been recently renovated, comprises three bedrooms and one and a half bathrooms, and there is ample backyard space available for potential ADU development. This presents an excellent chance to establish a foothold in a dynamic community.


Features & Amenities

Interior

Appliances:
Dishwasher,Microwave,Refrigerator,Dryer,Washer
Laundry:
Inside
Flooring:
Tile
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
None
Pool:
None
Parking:
Door-Multi,Garage,Gated, Parking spaces: 2

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Orange

Lot

Zoning:
C-G (Commercial Zone), 03005216
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Prime Properties & Associates, Thomas J. Lee

About Fullerton, CA

Housing

Number of Units
49,522
Median Home Value
$696,627
Median Rent
$1,647

48.92% of housing units are renter occupied.

3.96% are vacant.

Commute

Car
73.03%
Public Transportation
2.19%
Walk to Work
2.43%
Work from Home
21.19%
Other
0.56%

The median travel time to work is 26 minutes.

People

Population
142,700
Median Age
35.50
Median Household Size
3.13

Education

High School
18.43%
Associate’s Degree
7.95%
Bachelor’s Degree
27.32%
Graduate Degree
16.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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