3515 W Commonwealth Avenue Fullerton, CA 92833

3 Beds

1 full, 1 half Baths

1,289 Sqft

9,117 Sqft lot

0.21 Acre lot

$998,000 Est. $3,675 / mo.^*

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Status: Activeundercontract

Property Type: Single Family Residence

Year Built: 1949

Days on Website: 54

Property listed by Prime Properties & Associates, Thomas J. Lee

Property Description

Description

This commercial-zoned property on Commonwealth Avenue in Fullerton presents a valuable opportunity. Situated near Fullerton Municipal Airport and designated as C-G (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.