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116 -114 N Cornell

Fullerton, CA 92831

$1,995,000 $8,411/Mo

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Overview

Bed

Bath

6,250

Sqft(Lot)

Description

A rare opportunity to own a four-unit income property in Fullerton's Historic Preservation Zone. Zoned R2P, this exceptional investment offers incredible flexibility for investors, owner-occupants, or multi-generational living. Featuring four separate addresses, individually metered electricity, and private laundry for each unit, this turnkey property is thoughtfully designed for convenience, efficient management, and maximum income potential. The beautifully remodeled 3-bedroom, 2-bathroom main house (116 N Cornell) is tucked away at the rear of the property with direct access to a quiet alley, offering privacy and convenience. Adjacent to the main house, the original two-story garage building (114 N Cornell) includes a charming 225 sq. ft. studio apartment upstairs, complete w ith a kitchenette and full bathroom. At the front of the property sits a brand-new duplex (114A & 114B N Cornell), completed in July 2026, featuring two spacious 3-bedroom, 2-bathroom units—one upstairs and one downstairs—each offering just under 1,000 sq. ft. of living space. Both units come equipped with fully paid-off solar systems, providing energy efficiency, lower electricity costs, and long-term value. All four units showcase high-end finishes, including luxury vinyl plank flooring, soaring ceilings, and energy-efficient ductless mini-split systems throughout. The modern kitchens feature quartz countertops, stainless steel appliances, and ceiling-height Shaker cabinetry. Bathrooms are beautifully appointed with designer vanities, custom tilework, and frameless glass shower doors. Outdoor spaces are equally inviting. The main house offers a private patio, while the newly constructed duplex features a charming front yard enclosed by a classic white picket fence. Location is everything! Situated in the heart of Downtown Fullerton, you'll enjoy walking distance to popular restaurants, coffee shops, boutiques, and entertainment along Commonwealth Avenue. The property is near award-winning Troy High School, as well as Fullerton College, Cal State Fullerton, and the Fullerton Transportation Center. Downtown Anaheim, Angel Stadium, and Disneyland are all nearby. Whether you're looking to live in one unit while generating rental income from the others, expand your investment portfolio with immediate cash flow, or accommodate a large or multigenerational family, this versatile property checks every box—don't miss this exceptional opportunity!

Property Details

Property Type : ResidentialIncome

Price : $1,995,000

AD Id : 88281341

MLS Id : WS26158101

Beds : 10

Lot Size : 6,250 Sqft

Year Built : 1922

County : Orange

Map

What's Nearby

Nearby Areas

Features

Interior Features

AllBedroomsDown

Appliances: ElectricOven

Laundry Features: Inside, Stacked

Window Features: DoublePaneWindows
Heating & Cooling

Has Heating: Yes Heating: Zoned Has Cooling: Yes Cooling: Zoned

Building Information

Year Built: 1922

Building Area Total: 3217

Pool Features: None

Private Pool: No

View: Neighborhood

Lot Information

Main Square Feet: 6250 Lot Size Acres: 0.1435 Lot Size Source: Assessor Lot Size Square Feet: 6,250 Lot Description: TwoToFiveUnitsAcre,Yard

Property Information

Subdivision: N/A Source Property Type: ResidentialIncome Property SubType: Single Family Residence Levels: MultiSplit Property Age: 104

Listing Price Information

Listing Price: $1995000

Original Price: $2100000

Cash, CashToNewLoan, Conventional, Exchange1031

Tax Information

Parcel Number: 03317311 Tax Lot: 20

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 8 Driveway

Utility Information

ElectricityAvailable, ElectricityConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
Location Information

Direction: N Cornell Ave & E Commonwealth Ave WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2605 E Santa Fe, Fullerton, CA, 92831	$880,000	3	2	1,250	8,400 Sqft
2326 Almira Avenue, Fullerton, CA, 92831	$1,295,000	3	3	1,604	11,000 Sqft
2241 Vista Del Sol, Fullerton, CA, 92831	$852,000	3	3	1,979	1,508 Sqft
2501 Santa Ysabel, Fullerton, CA, 92831	$1,480,000	6	4	2,328	8,330 Sqft
1738 Rocky, Fullerton, CA, 92831	$3,075,000	3	5	4,611	17,424 Sqft
2447 Clarke, Fullerton, CA, 92831	$1,149,000	4	2	1,426	7,800 Sqft
1918 Edinburgh Way, Fullerton, CA, 92831	$1,170,000	3	3	2,200	3,615 Sqft
1912 Annandale Way, Fullerton, CA, 92831	$1,400,000	3	3	2,271	6,100 Sqft
2047 E Fern Drive, Fullerton, CA, 92831	$1,190,000	4	2	2,052	7,350 Sqft
1457 E Chapman Avenue, Fullerton, CA, 92831	$1,200,000	3	1	1,750	7,405 Sqft

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ByOwner last updated this listing 09/11/2026 @ 03:54

MLS: WS26158101 LISTED BY: BETTY WU, Pinnacle Real Estate Group 626-888-9808 SOURCE: CRMLS