$890,000
●
House -
Off Market
1229 Central Avenue
Fullerton, CA 92831
2 Beds
1 Bath
1,248 Ft²
$4,407
Est. Monthly
About This Property
Located in the desirable and sought after academic award winning
Troy High School District, this charming 1940 single story home
features two bedrooms and one bathroom. The living room
boasts a warming fireplace, laminate flooring, a quaint built in
niche for display and lots of natural light. Enjoy cooking in
the updated kitchen with granite counter tops and stainless
appliances. Step down into the bonus room perfect for an office,
workout room or game room with its expansive windows offering a
view of the backyard. Possible RV access and a detached two
car garage complete the home. The recently replaced roof
covers 1248 square feet of living space. Easy access to the
57 and 91 freeways and close to downtown Fullerton for shopping,
dining and entertainment. Come buy!
Unit Size
1,248 Ft²
Days on Market
60 days
Land Size
0.13 acres
Price per sqft
$719
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #PW25089293)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$897,500
↓ $23K
(2.5%) | |
| Price Decreased | |||
| Apr 22, 2025 | Listed by Circa Properties, Inc. | $919,999 | |
| Listed by Circa Properties, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fullerton
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Listed by: Deborah Lopez, Circa Properties, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25089293
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PW25089293
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