215 E Ash Avenue, Fullerton, CA 92832

Property Description

Rare Income & Value-Add REDEVELOPMENT Opportunity in the Heart of Fullerton. Located next to the MAPLE ELEMENTARY SCHOOL, this unique residential R3-zoned property offers exceptional upside potential with three (3) separate structures and three (3) individual utility meters. This property is a rare find in today’s market. Ideal for investors, owner-users, or buyers seeking long-term income growth, this property presents a compelling opportunity to create a multi-income residential asset. The property features a front single-family residence with 2 bedrooms and 1 full bathroom, approximately 1078 sq ft (approx), plus two additional detached structures located in the backyard, each with separate utility meters. With proper buyer due diligence, the layout and infrastructure provide strong potential for conversion into a 3-unit rental configuration. Situated in a high-demand rental area, the property is adjacent to an elementary school and conveniently located near Downtown Fullerton, Fullerton College, Cal State Fullerton, and is within quick access to the 91 and 57 freeways. The generous yard area between the main house and rear structures offers additional flexibility for outdoor living, parking, or future enhancements. Just imagine the REDEVELOPMENT OPPORTUNITIES to own a property with built-in infrastructure for multiple income streams in one of Fullerton’s most desirable and centrally located neighborhoods.