1408 Rolling Hills Drive
About This Property
Available for the first time in 33 years, this single story ranch-style home sits on an oversized 10,043 SQFT lot and reflects the pride of ownership that comes with calling one place home for so long. From the curb, mature palms frame the property, custom stonework sourced from Mount Baldy adds texture to the exterior, and the original front door offers a nod to the home's 1959 roots. Thoughtfully placed exterior lighting brings it all to life after sunset.
Inside, the home tells the story of how it has evolved over the years. Original hardwood floors and a brick fireplace preserve the character of the formal living room, complemented by a dedicated dining room nearby. As the needs of the home grew, so did the floor plan. Permitted additions expanded the kitchen and added a spacious family room, creating more room to cook, gather, and spend time together.
Step into the backyard, and the size of the lot truly makes a statement. An oversized heated saltwater pool and raised spa anchor the yard without consuming it, leaving plenty of room for lawn, mature landscaping, and places to gather. A large covered patio stretches along the back of the home, while an exterior bar with a built-in sound system rounds out a backyard clearly designed with entertaining in mind.
Additionally, the care extends beyond what you can see, with improvements including copper water lines, ABS drain piping, double-pane windows, an updated roof, newer HVAC and ducting, re-plastering of the pool, and updated pool equipment.
Located in Fullerton's sought after Rolling Hills neighborhood and within the Fullerton Joint Union High School District, the home is a short walk from Rolling Hills Elementary and Fullerton's largest park, Craig Regional Park. St. Jude Hospital, Cal State Fullerton, Downtown Fullerton, Downtown Brea, Brea Mall, and the 57 and 91 freeways are all just minutes away.
With its oversized lot, thoughtfully expanded floor plan, and more than three decades of care, 1408 Rolling Hills Drive offers the kind of space and character that simply can't be recreated overnight.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by T.N.G. Real Estate Consultants | $999,999 | |
| Listed by T.N.G. Real Estate Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017